Eliza penthouse finally getting off the ground with $15 million hopes: Title Tattle
The Eliza penthouse, spanning three levels overlooking Hyde Park, is the latest Sydney skyhouse being marketed with $15 million hopes.
Developed by Edward Doueihi of Ceerose, with an architectural hint in its balconies of Antoni Gaudi's Casa Mila, the penthouse is due for completion in mid-2013. Its the building site with the crane that currently swings across Elizabeth Street just down from the intersection with Market Street.
The 460-square-metre, three-level penthouse will sit atop a 17-storey building designed by the architects Tony Owen Partners.
It features four bedrooms, five bathrooms, a home theatre, a private lift, 3.5-metre-high ceilings, a massive 13.5-metre frontage overlooking the park and full automation through C-Bus.
The top level comprises the entertainment terrace with a 10-metre lap pool.
It’s being marketed by Jean-Paul Markopoulos of CBRE. Just 7 of the 19 apartments remain for sale, including six full floor apartments with prices around $4.5 million each.
The site – whose neighbours are Hermes and the Sheraton on the Park – was originally to be used for a building named The Elizabeth. Its then developer Andrew Richardson however lost his record $20.1 million off-the-plan penthouse buyer in 2008. Richardson had accepted a $100 deposit for the proposed three-storey penthouse from now-bankrupted businessman Rodney Price.
The vacant Elizabeth Street site cost $13 million in 2003 when bought by Richardson and his initial partner, Tjeerd La Grouw, who exited the project several years later. Edward Doueihi, from the Dural construction company, Ceerose, paid $8.5 million in December 2009 to Richardson and his subsequent partner, Multiplex.
