Double Bay makeover to continue as Scali furniture boss plots new luxe apartments
Double Bay village is set to undergo further transformation, with new plans revealing more shoptop housing on Knox Street.
Scali furniture boss Anthony Scali is behind the plans for a five-level development on the site currently occupied by the Savoy Hotel at 35-45 Knox Street. Scali paid a reported price of around $35 million for the 616 sqm in 2021.
The lease to the Savoy Hotel has expired - paving the way for redevelopment to create nine apartments above three ground-level retail spaces - no doubt a potential new space for the Nick Scali furniture empire in the heart of one of Sydney's most affluent shopping suburbs.
The $31 million development has been designed by MHN Design Union who has chose a light brick and metal clad façade to integrate with the area's established character, which includes a combination of inter-war and contemporary mixed-use buildings.
Plans are for six two-beds, two three-beds, and one four-bed apartment, each with balconies and living areas which have been oriented to achieve maximise natural light and ventilation.
The project has been designed to suit a diverse demographic, including families, retirees, and downsizers, reflecting market demand for flexible and functional living spaces, the documents submitted to the Woollahra Municipal Council say.
The development provides 20 parking spaces across two basement levels, accommodating cars, motorcycles, and bicycles.
Double Bay is undergoing a huge redevelopment everywhere you look.
Late last year plans were submitted for the InterContinental Double Bay, also on Knox Street, to turn it into a $1 billion mixed-use precinct with a new high-end retail and dining precinct, cinemas, landscaped open spaces, a new boutique luxury hotel, and a health and wellness centre, and 29 apartments across the top seven levels.
Shortly before that, more plans were filed with the local council on Cross Street, where the well-known Florida dry cleaners, womens clothing store Alex & Harry, and cafe Bar Lanziano, will make way for more shoptop housing, with six luxury apartments planned above two more fashion outlets and a cafe.
Construction is well underway at Top Spring Australia's Ode Double Bay, where suburb records have tumbled in recent years. The penthouse sold for $25 million in 2022.
