New Hope Evergreen secure three penthouse sales across St Leonards
Developer New Hope Evergreen has sold three luxury penthouses across its two apartment developments in St Leonards.
They've secured an $8 million sale of The Grand Harbour penthouse in the completed The Landmark development, and two penthouses in their recently launched The Landmark Quarter development nearby.
CBRE's Tim Rees secured the sales of the two Landmark Quarter penthouses, for $9 million and $7.1 million.
“Identified as a new Sydney growth area, St Leonards developments are booming," Rees says.
"The NSW government has now finalised details of its planning changes, bringing 16,500 new jobs and 6680 dwellings into the suburb and neighbouring Crows Nest.
“Developers are acquiring property in the precinct as the state government plans to permit higher height limits, rezoning areas to address Sydney’s housing shortage and allowing more mixed-use developments close to where people want to live with transport, education, restaurants, health and education hubs nearby."
The Landmark Quarter, a collection of three Rothelowman-designed buildings, is located at St Leonards South’s highest point and the new development presents six-star levels of resort-style luxury, including amenities like a cinema, mineral pool, rooftop terrace, dining and games room, gym, hot spa and smart home technology.
Construction is due to commence this year, with completion anticipated for Q1 2026.
Peter Pereira, New Hope Evergreen Development Director, said the buyers were local downsizers who chose St Leonards after an extensive search for a penthouse that met their exacting demands for size, finish quality, location, and view.
"Both were further attracted by each development’s separate private parking garage, soon to become home to their respective prestigious car collections," Pereira said.
New Hope Group have invested $1.4 billion in Sydney's Lower North Shore, with most of that concentrated in St Leonards.
Many of the apartments in Landmark Quarter benefit from city and harbour views, which can be taken in from either the balcony or living area, given all apartments have floor-to-ceiling glass doors to the balcony.
The townhouses have three bedrooms, each with their own private entrance.
