The Newlands St Leonards secures record apartment sales for wellness focus

Sydney Ma said the embedded sustainability and wellness elements in The Newlands were proving just as important to buyers as its proximity to the harbour and the new Metro station opening later this year
The Newlands St Leonards secures record apartment sales for wellness focus
Urban EditorialMay 3, 2024SALES UPDATE

Top Spring Australia broke price records in April at their St Leonards South masterplan, The Newlands.

They amassed over $50 million in sales following the launch of their second stage of the parkside project which has been a hit with owner-occupiers due to its positioning as offering a 'wellness utopia.'

A one-bedroom apartment was sold in the latest release for $1.25 million, while a two-bedder exchanged for $1.93 million and a three-bedroom with city skyline views for $4.09 million. 

As part of a legacy of sustainability and wellbeing, the Bates Smart-designed masterplan includes onsite electric vehicles and e-bikes available to residents, with curated green spaces and parks prioritising a connection to nature. 

Residents will also share a wellness utopia including a resort-style pool, multiple parks and gyms, saunas, playgrounds, yoga area and rooftop entertainment areas with stunning views towards Sydney Harbour. 

Other extras include refrigerated parcel lockers for grocery deliveries and a digital concierge service to connect services such as cleaners, personal trainers, and dog walkers. 

Top Spring Australia Managing Director, Sydney Ma, said the embedded sustainability and wellness elements in The Newlands were proving just as important to buyers as its proximity to the harbour and the new Metro station opening later this year. 

“We’re seeing a definite shift in lifestyle values, with connection to nature valued as highly as a connection to retail, dining and transport,” Ma said.  

“The Newlands adjoins the century-old Newlands Park and is only a few minutes from the dining precincts of Crows Nest, providing us with an opportunity to prioritise its relationship with nature, fresh air, sunlight  and community connection.  

“At a time when new housing supply has never been so critical, we have gone one step further to ensure a  legacy of sustainability and well-being setting higher standards of contemporary apartment living.” 

The 1.26ha, masterplanned community is under construction with 4.5-star iCIRT-rated builder DASCO, with the first apartments scheduled for completion in late 2025. 

With Stage 1 already 80 per cent sold, the second apartment release at The Newlands has been fast-tracked by more than six months to meet demand and will deliver 112 one, two and three-bedroom residences across the seven-storey Saige and ten-storey Gaia buildings. 

Development Director John Chagaris said The Newlands was a very different offering to the apartment towers on the northern fringe of St Leonards, instead embracing its expansive parkland frontage and  5,700 sqm green spine. 

“Buyers have been won over by the value and lifestyle, with protected city and harbour views across the lush canopy of parklands on three sides,” Chagaris said. 

“The pre-release of our second stage achieved an extraordinary $50 million in sales in April alone.” 

Director of Residential at Colliers, Daniel McMahon, said the latest sales numbers reflect the lack of housing supply not meeting the demand for new apartments on the North Shore. 

“We’re seeing a significant number of enquiries seeking quality apartments close to transport and  infrastructure.” 

Prices at The Newlands start from $890,000 for a one-bedroom apartment, $1,495,000 for a two-bedroom,  and $2.45 million for a three-bedroom apartment.

Apartments boast spacious layouts ranging from 50 sqm to 267 sqm and feature high ceilings and large outdoor balconies and terraces.

Natural stone finishes, sleek wall-hung vanities, and V-Zug Swiss-made appliances embody a luxurious yet understated aesthetic.

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