Centennial Collection apartments continue to break records

Ray White Projects Managing Partner, Eddie Mansour, said with construction well underway, buyers are becoming increasingly interested in the building
Centennial Collection apartments continue to break records
Joel Robinson September 17, 2024RECORD SALE

The Centennial Collection by Stargate Property has continued to break records for Bondi Junction.

The luxury development is resetting the record books again, with a three-bedroom apartment being picked up for $8.55 million, the highest price achieved for a three-bedroom apartment in the suburb.

Ray White Projects Director, Marcello Bo, said local rightsizers continue to show strong interest in the project with generous layouts and amazing interiors.

“Uninterrupted views of the harbour and city skyline is a big drawcard for buyers, along with the proximity to Woollahra, Bondi Junction and Centennial Park across the road.”

The Centennial Collection finishes are extremely luxurious. There’s a winter pool and a year-round rooftop pool, a concierge and wellness hub; it really is a luxury experience.”

Bo said the apartments had been consistently achieving record prices for the area since the project was launched.

On the fringe of Centennial Park, The Centennial Collection comprises just 73 one, two and three-bedroom apartments across two 10-level buildings designed by SJB.

The first release of the apartments last year were snapped up in a matter of weeks, part due to the architectural designs by SJB, part due to the rarity of a new project so close to the convenience of Bondi Junction, the beauty of Centennial Park, and the vibrancy of Woollahra's Queen Street.

Communal facilities in the building will include a rooftop pool with outdoor dining and entertaining spaces as well as an indoor ‘winter’ pool. There's also a concierge, cold and dry goods delivery rooms and a wellness hub including a cardio and personal training area. The building will also have EV charging stations and storage for all residences.

Ray White Projects Managing Partner, Eddie Mansour, said with construction well underway, buyers are becoming increasingly interested in the building.

“Stargate Property Group are one of the leading developers and builders in Sydney’s East and has created a genuine legacy, having built over 20 projects in the local area.

“Locals are transitioning out of big traditional family homes, to a spacious residence that they can lock up and leave.

“Buyers are wanting a lifestyle change and are becoming more fluid in where they want to live. With construction well underway, buyers can plan out their relocation and lifestyle change in advance. It gives them time to prepare their family home for sale and to align it with the completion of The Centennial Collection.”

Stargate's internal construction arm has commenced construction on site. They're targeting a late 2025 completion date.

Stargate has eyes on its next development, further down Oxford St. In June they submitted plans for their seventh development in Bondi Junction, two towers with 111 apartments.

Read more: First look exclusive: Stargate seek new Oxford St, Bondi Junction apartment development

 

Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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