First look: Ceerose and Koichi Takada to create new Potts Point apartment development on Victoria Street

Ceerose snapped up the A-Grade site late last year. It currently homes an original apartment block with 45 apartments which will be demolished
First look: Ceerose and Koichi Takada to create new Potts Point apartment development on Victoria Street
Joel Robinson September 29, 2023PLANNING ALERT

Apartment developer Ceerose have filed plans for a luxury apartment development in Potts Point.

Renowned architect Koichi Takada has put the plans together for a 10-level building across a 1,201 sqm site at 117 Victoria Street, halfway down the treelined street between Kings Cross Station and Challis Avenue, near The Butler. The estimated cost is $19.58 million.

Ceerose snapped up the A-Grade site late last year. It currently homes an original apartment block with 45 apartments which will be demolished.

In the design statement submitted to the City of Sydney Council earlier this week, Takada said the architecture is taking cues from the existing streetscape while providing something refined and contemporary to the area.

"This proposal takes cues from neighbouring properties on historic Victoria Street and sits modestly within the streetscape context," the submission said.

"The attractive, modern design employs a simple material palette and clean, unassuming forms to create a building that enhances and highlights the site."

Takada said the scheme is centred on celebrating views.

"The generous floorplans, views and direct connection to the street will provide residents the best of inner city living, in one of the most sought after suburbs in one of the most liveable cities in the world.

"Koichi Takada Architects have created a design that will become a benchmark for elegant design and provide welcoming homes for its residents while enhancing the Potts Point neighbourhood character."

The upper levels of the building will offer unrestricted views of the Sydney skyline.

There are two, three and four-bedrooms proposed, a handful of which span two levels. The two-bedroom apartments start from 110 sqm.

The majority of the apartments are three-bedrooms (15). There's six two-bedroom apartments and a single four-bedroom apartment. A handful of the apartments have plunge pools on their balconies toward the top of the building.

There 26 parking spaces, four of which are for visitors.

"The design relies on simplicity and quality, blending historic forms with modern materials and detailing to create a unique, inviting address for it’s residents," Takada noted.

"The proposed building addresses it’s dual street aspects in two distinctive ways. Victoria Street is treated with a modest façade, featuring recessed windows fronted with brickwork arches and integrated landscaping. The Brougham Street facade departs from the Potts Point vernacular. An irregular arrangement of balconies creates a more haphazard elevation that mirrors the neighbouring sandstone rockface and the rhythm of the adjacent buildings."

The harbourside enclave of Potts Point and the adjoining Elizabeth Bay have been popular for off the plan development of late.

Fortis filed for 22 apartments across two buildings at 10 Onslow Avenue and 21C Billyard Avenue last month, while Nick Caloumbis' Toohey Miller recently launched their first project, No.1 Onslow Place, on the dress circle Onslow Avenue.

Terra Ferma and Knox Group also recently filed plans for five full-floor apartments on Oak Lane. Melbourne developer Time & Place are still working away on their redevelopment of The Chimes building on Macleay Street.

Late last year they filed concept plans for a new nine-level building designed by SJB which would replace the landmark mid-20th century building which was designed by Hugo Stossel. The plans are for 45 apartments.

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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