Cbus Property's Young & Fennelly Randwick sales hits 90 percent sold

Newmarket Randwick project has apartments that have been shaped by post COVID-19 lifestyle changes
Cbus Property's Young & Fennelly Randwick sales hits 90 percent sold
The Young & Fennelly block in Randwick. Image supplied
Jonathan ChancellorNovember 4, 2021

The Young & Fennelly apartment complex at Randwick, which launched in May, has hit 90 percent sold.

The Cbus Property-developed project comprises 116 one-, two- and three-bedroom residences across a seven-storey "New Deco”-style apartment building and terraces.

It sat at 40 percent sold in early June. 

The complex sees completion due in mid 2023.

Colliers Residential advised the update on the second stage of the Newmarket Randwick multi-stage master plan. 

The sales have included one-bedrooms for $1.075 million to top-floor three-bedroom residences for $3 million with Bates Smart interiors.

The parkside residences are priced from $2,155,000.

It is close to the cafes and restaurants of the retail and dining piazza, Newmarket Dining, which came in the first stages of the Newmarket Randwick masterplan.

There will be a residents’ communal rooftop space designed by Arcadia Landscape Architecture, with barbecue facilities.

The project takes its name from Fennelly St which pays tribute to Michael Fennelly, who bought the Newmarket property and built the Newmarket Big Stable building. 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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