Ultimo

New Life Darling Harbour residences have a unique setting within Ultimo&rsquo;s rich and significant history. Pyrmont-Ultimo was once the most important industrial suburb in Sydney powering NSW into the 20th Century

The history of Ultimo is very much connected to the Harris family, the dominant landowners in the area for over 100 years who gave Harris Street its name. In the 1800s, they built the substantial villa &ldquo;Littlebridge&rdquo; here.

As a building boom hit in the 1870s, rows of terraced houses, worker cottages, factories, breweries, foundries and warehouses increasingly dominated the landscape. In 1938, the aroma of tea and coffee filled the air when iconic Australian tea company Bushells acquired the land for a tea warehouse, coffee grinding and roasting facility.

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In the 1960s, the Harris Street premises became the TAB&rsquo;s headquarters and nerve centre of a rapidly expanding betting business. It became one of the largest employers of women in the state, operating a complex system of telephones connecting, recording, and tallying accounts between hundreds of metropolitan and country TAB branches and racecourses.

According to historians, no suburb has contributed as much to the economy and amenity of Sydney as Pyrmont-Ultimo. It embodies the seeds of this nation&rsquo;s industrial success since the late 1800s.

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Few places enchant with such diversity and sophistication as Sydney. From hawker-style diners to hatted restaurants, it&rsquo;s a city that has it all, and New Life is in the heart of it.

While the residences deliver high-quality amenity, a focus was still placed on life outside, within the community.

NewLife Darling Harbour&rsquo;s principal architect, Brendan Randles, lead the team that drove the innovative and artful city development saying,

&ldquo;Quality of life is important to us. What is happening outside our homes is as important as what is offered inside. We want local environments to thrive alongside the people and communities who live there.&rdquo;

&ldquo;We take locations and transform them. We work with local communities, councils and stakeholders to create vibrant environments. We collaborate with the best professionals and most creative industry minds to bring new life to every project,&rdquo; he added.

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The <a href="https://www.urban.com.au/news/architectus-and-ingehoven-on-sydneys-latest-super-skyscraper" target="_blank">Architectus</a>&nbsp;designed residences pay homage to the site&rsquo;s semi-industrial history, delivering a collection of 200 apartments, with a range of single-storey one, two and three-bedroom apartments, two-level terrace apartments and penthouses.

The nine-storey building has a limited selection of two-bedroom&nbsp;apartments still remaining within the fully-completed residential development.

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According to historians, no suburb has contributed as much to the economy and amenity of Sydney as Pyrmont-Ultimo. It embodies the seeds of this nation’s industrial success since the late 1800s.

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How NewLife Darling Harbour brings to life the site’s location 

TWT Property&rsquo;s New Life Darling Harbour complex, located at 495 Harris Street Ultimo, is highly responsive to its site and the rich character of its neighbourhood.

The multi-layered building steps down from nine-storeys along Harris Street to six levels facing Bulwara Lane, providing 200 apartments including single-storey and penthouse apartments, as well as two-level terrace apartments at street level.

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Ground floor retail and commercial space activates Harris Street, while the upper-level roof terraces exploit&nbsp;the views to the CBD, major bridges and the harbour.

Verdant garden corridors and welcoming open-air courtyards invite greenery into the heart of the buildings, with the central haven stitching together architecture and nature, to create a leafy green backdrop to the homes within.

&ldquo;The building&rsquo;s eye-catching, multi-layered form creates an outstanding place to live, to experience, and to glimpse from its many surrounding environments,&rdquo; said&nbsp;Brendan Randles, Collaborator&nbsp;Urban Design and Mixed-Use Sydney, Architectus.

Flanked by historic Victorian terraces, Architectus created a lively group of buildings set around the courtyard rather than one amorphous structure, intending to better integrate the built form with its surrounds. &nbsp;

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&ldquo;We put forward a bold design that met the brief requirements&nbsp;but suggested new ways in which the development could engage with surrounding buildings. Instead of adhering to the prescribed envelopes &ndash; which virtually filled the site and provided only minimum separation between apartments&nbsp;&ndash; our proposal extended and completed an existing lane network and provided a much larger central courtyard.&rdquo;

&ldquo;This increased privacy between properties, promoted pedestrian and visual permeability and created a new residential address for the lane facing dwellings.&rdquo;

The two-bedroom, two-bathroom apartments cover 79 sqm of space internally, with 13 sqm balconies, while the three-bedroom, two-bathroom apartments span 95 sqm internally, with 16 sqm balconies.

From room to room, wide-format Oak floors ground the interiors in nature, while textured timbers and stone finishes create layers of tactile, organic luxury

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These considered apartments open themselves to Sydney, uniting under-stated modern lines with the drama of the great harbour city.

Light, air and a flow of private indoor-outdoor space add dimension to these residences.

Open layouts work to maximise the city, harbour, and garden vistas, drawing them inside the home.

Many of the apartments capture northern aspects, with sliding or fixed perforated screens providing privacy and shelter when needed.

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New Life&rsquo;s materials, lighting and detailing explore a return to comfort for contemporary inner city living, utilising subtle tonal colours and textures throughout to reflect a refined and uncomplicated build.

The kitchens have been designed with form and function in mind, catering to generous or intimate entertaining, with high-end Miele appliances, full-height cabinets, clean-edged chrome tap ware, grey travertine-look tiles and fittings that add glimmers of polish and reflection.

New Life&rsquo;s spa-like bathrooms feature frameless-glass showers and seamless ambient lighting, which help to expand the sense of space. Open shelves and vanity tops are made up of marble or Caesarstone, while storage is cleverly mirrored and concealed throughout.

Architectus won the design competition for the prestigious mixed-use project developed by Auswin TWT. Ideally located opposite the Ian Thorpe Aquatic Centre and next to the Ultimo Community Centre, the site was once the headquarters of Tabcorp and offered one of the last substantial development opportunities in Ultimo.

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The multi-layered building steps down from nine-storeys along Harris Street to six levels facing Bulwara Lane, providing 200 apartments including single-storey and penthouse apartments, as well as two-level terrace apartments at street level.



Inside the New Life, Darling Harbour apartments 

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The Ultimo Hotel, currently operated by Rydges Hotels Limited, has hit the market with sales expectations exceeding $100 million.
The 1,584 square metre property, which includes the 4-star rated boutique hotel, comprising 95 guest rooms, and ten retail tenancies, is being traded through Savills Australia.
Under a hotel management agreement, Rydges will continue to operate the hotel for the next three years unless a termination without cause provision is invoked with an 18-month notice.
Candidates have the option of continuing management with Rydges following the cessation of the five-year agreement.
The site offers one basement level tenancy plus nine high exposure ground level tenancies with current tenants including NAB, 7-Eleven, D1 Karaoke Sydney, No.1 Malatown, Dodee Paidang and Bancho Bar.
The building was converted to the current hotel in 1988 and subsequently renovated in 2016.
An additional 13 storey increase is possible subject to council approval (STCA), in addition to re-leasing the retail tenancies as expiries arise or strata subdivide the retail space and sell off individually
“The chance of one of these island sites coming to market is extremely rare in Sydney, especially in the Southern CBD,” said Savills director Stuart Cox.
Directly opposite Market City, The Ultimo is within close proximity to neighbouring landmarks, including Darling Harbour precinct, Capitol Theatre and the International Convention Centre.
Public transport is readily available in the form of rail, light rail and bus services, approximately 150 metres from the site.
The property is offered for sale via an International Expressions of Interest campaign closing September 24.
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The Ultimo Hotel listed with $100 million plus expectations

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Architectus has been awarded Auswin TWT’s mixed-use development project at 495 Harris Street, Ultimo in Sydney.
It followed a design competition chaired by acclaimed architect Tony Caro. 
The 5,322 square metre site is located next to the Ultimo Community Centre. It was the headquarters of Tabcorp, one of the last substantial development opportunities in the area.
There will be a multi-layered building that steps down from nine-storeys along Harris Street to six levels facing Bulwara Road with a likely total of 213 apartments ranging from studios to three-bedrooms, including two-level terraces with street level access.
There also will be ground floor retail/commercial space and two basement levels for vehicles and bicycles. 
The jury was impressed by Architectus’ contemporary interpretation of the site’s semi-industrial history.
It includes a large courtyard and a purpose-built pedestrian laneway.
It also features an innovative series of vertical masonry ventilation pipes which draw hot air in from the courtyard and expel it naturally, helping the building to ‘breathe’.
The director of urban design and planning with Architectus, Michael Harrison, said his firm had previously been engaged by a group of local residents who had been initially concerned that a new building on such a prominent site could impact their amenity.
“Armed with this knowledge we believe our scheme reflects many of their wishes for a development that doesn’t overpower the neighbourhood nor compromise their privacy, and which minimises the chance of overshadowing their properties,” Harrison said.
The upper levels are designed to ‘float’ above the traditional warehouse base.
The Harris Street site was originally owned by the Harris family who were the dominant landowners in the area for more than a century. Bushells Tea purchased the site in 1938 and built a four-storey warehouse to store its produce.
In 1964, the newly founded Totalizator Agency Board (TAB) acquired the property as its headquarters and nerve centre for its betting business. In 2004, TAB was taken over by the Victorian-based wagering and media company Tabcorp, which 10 years later sold the property to Auswin TWT.
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Architectus to design $300 million Ultimo development

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A development application has been lodged by property group Auswin TWT for a $300-million mixed-use project in Sydney's Ultimo.  
New Life/Ultimo at 495 Harris Street will speed up the gentrification of the often undervalued inner Sydney suburb, according to the developers. Ultimo is on the edge of Darling Harbour, Chinatown and Barangaroo, and well connected to light rail and bus services, yet RP Data research shows that the median price for an apartment is 30 percent less than neighbouring Pyrmont, said a media release.
The multi-layered building steps down from nine-storeys along Harris Street to six levels facing Bulwara Road. It will have 210 apartments ranging from studios to three-bedrooms, including two-level terraces with street-level access. There will be ground floor retail/commercial space and two basement levels for vehicles and bicycles, bringing the gross floor area to around 20,000 sqm.
“Those with vision will appreciate that Ultimo will improve and prosper just like Pyrmont has, lifting property values as it regenerates,” said Ben Stewart of CBRE.
Simon Platt of Kinsale Property Group is another realtor who believes the Auswin TWT development will give Ultimo its biggest boost since 2007 when the Ian Thorpe Aquatic Centre opened.
“Ultimo is somewhat of a forgotten suburb on the doorstep of the CBD, yet it has all the attributes of being a property hot spot,” Platt said.
The design, from Architectus, features an open air courtyard and a purpose-built pedestrian laneway running from Harris Street through to Bulwara Road. Architectus was chosen after a <a href="/news/48922-architectus-to-design-300-million-ultimo-development" target="_blank">design competition</a> chaired by acclaimed architect Tony Caro last year.
“These features were met with approval when we held two information sessions for residents,” said Stephen Fitzpatrick, the general manager of Auswin TWT. 
The 5,322 sqm site was originally owned by the Harris family who were the dominant landowners in the area for more than a century. Bushells Tea purchased the site in 1938 and built a four-storey warehouse to store its produce.
In 1964, the newly founded Totalizator Agency Board (TAB) acquired the property as its headquarters and nerve centre for its betting business. In 2004, TAB was taken over by the Victorian-based wagering and media company Tabcorp, which 10 years later sold the property to Auswin TWT.
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Auswin TWT's $300 million residential project in Sydney's Ultimo 

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The University of Technology Sydney is reportedly in talks with the NSW government to buy the Powerhouse Museum in Sydney's Ultimo as it looks at ways to expand its campus.
UTS and the government have not confirmed if the university has lodged an unsolicited proposal to buy the museum, but the Australian Financial Review cited sources as saying that the two parties were in negotiations.
The lecture theatre at the museum is already being used by the university for  classes as its main campus Building Two undergoes an upgrade. 
The university is keen on the site as it is less than a kilometre from its campus, either for expansion or for student accommodation, university sources told the AFR.
A university spokesman declined comment on the talks but said "the university is deeply involved in advancing the Ultimo precinct, already Sydney's creative digital technology hub". 
The precinct had the highest density of tech start-ups in Australia, he said. 
The NSW government first announced plans to sell off the Ultimo site of the Powerhouse Museum, part of the Museum of Applied Arts and Sciences, in 2105 and use the money to fund a new museum in western Sydney. 
The future use of the site has been met in controversy since the announcement.
Philip Thalis, architecture faculty industry advisory group member at University of Newcastle, had called the decision a mishmash of wedge politics and bad policy.
Earlier this month, NSW arts minister Don Harwin said the Ultimo site could remain a "cultural space" but would not reveal plans for the site. 
This is not the first time the NSW government has entertained unsolicited public proposals for public assets. Macquarie Group's unsolicited bid for the Martin Place redevelopment beat Dexus to the deal. 
A private developer has said a private sale without a public tender would not recover the best value for the state.
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UTS, NSW government in talks for Powerhouse Museum in Sydney's Ultimo

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The New Zealand based sports anchor Craig Norenbergs has offloaded his Ultimo investment apartment for $910,000.
The formerly Chiswick-based Norenbergs paid $358,000 for the two bedroom apartment in 2003.
The 1980s Tivoli Gardens apartment on Bulwara Road was sold Sami Yildiz at the Kho &amp; Lee agency.
After spending time with Al Jazeera in the Middle East, Craig and family are now happily settled in New Zealand, buying in the popular beachside suburb of Kohimarama in Auckland.
The former Sky News sports anchor, who had previously worked for the ABC, BskyB in London, now has a senior role at the NZ Racing Board.
This article was first published in the Saturday Daily Telegraph.
 
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Sports anchor Craig Norenbergs sells Ultimo investment

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<div class="cq-article-content-paras section">
The Harry Café de Wheels owner Michael Hannah and his co-owners are selling the home of Hannah's Pies in Ultimo at March 1 auction.
The <a href="https://www.commercialrealestate.com.au/property/562-576-harris-street-ultimo-nsw-2007-2014137555" target="_blank">Harris Street site</a> is tipped to fetch about $20 million through Colliers.
It is made up of a warehouse and adjoining terraces. 
<div class="related-quotes section">It is adjacent to accommodation provider Urbanest's Darling Square.</div>
Hannah's Pies, which sells pies over the counter at Harris Street, is the sole supplier to Harry Café de Wheels outlets.
The sale of the property comes as the pie cart business launches in China, with up to 300 of its carts to be rolled out across the country over the next 15 years.
</div>
<div class="cq-article-content-media section"><img class="lazy620x0" src="http://www.afr.com/content/dam/images/h/0/m/8/u/v/image.imgtype.afrArticleInline.620x0.png/1516592915083.jpg" alt="The site at 562-576 Harris Street, which is made up of a warehouse and adjoining terraces, has been put up for sale by ..." width="620" data-src="http://www.afr.com/content/dam/images/h/0/m/8/u/v/image.imgtype.afrArticleInline.620x0.png/1516592915083.jpg"></div>
<div class="cq-article-content-media section"> </div>
<div class="cq-article-content-media section">"Its proximity to both the revitalised Darling Harbour and International Convention Centre is going to be a huge drawcard for both local and offshore groups," Colliers International's Miron Solomons said.</div>
<div class="related-quotes section"> </div>
<div class="related-quotes section">He expects interest from student accommodation providers given its proximity within Sydney's university precinct including the University of Technology Sydney and University of Sydney.</div>
<div class="related-quotes section"> </div>
<div class="related-quotes section">The offering is expected mirror the sale of the nearby vacant site at 142-152 Broadway which the University of Notre Dame bought for for $21 million or $40,000 a square metre, Colliers International said.</div>
<div class="related-quotes section"> </div>
<div class="related-quotes section">The pie group has now expanded to more than 10 locations throughout Sydney and more recently into Asia.
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Hannah's Pies premises listed in Ultimo

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The latest update of Pyrmont-Ultimo Cityscope shows an annual total sales figure of $1.335 billion for the year ending January 2018, with 120 sales recorded over that period.
It was a large increase from the previous 12 months ending January 2017, during which 165 sales were recorded with a total value of $216.3 million.
The table below shows sales recorded for the last eight updates of Pyrmont-Ultimo Cityscope.
Click here <a href="https://www.propertyobserver.com.au/images/2018/2/6/pyrmont%201.jpg" target="_blank">to enlarge.</a>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/6/pyrmont%201.jpg" alt="">
There was a significant decrease in total sales value in the most recent quarter, with a total of 27 sales at a value of $43.6 million, compared to 34 sales at a total value of $406.9 million for the quarter ending October 2017.
Recent notable sales include:
<ul>
<li>142-152 Broadway, Chippendale, a one-storey rendered brick commercial building and a parking lot for 7 vehicles, was bought at auction as a development site for $21 million through Colliers International and Ray White Commercial.;</li>
<li>Lot 46, Sydney Wharf at 56 Pirrama Road, Pyrmont, a two-storey commercial suite comprising 11 sqm on level 1 and 103 sqm on level 2 in the berthing building, was bought with a 17 sqm car space plus 8 marina berths and 2 secure basement car spaces with storage (not cover by Pyrmont-Ultimo Cityscope),  for $4.35 million through Knight Frank Sydney and</li>
<li>Lot 14 at 53-55 Glebe Point Road, Glebe, a retail area of 326 sqm on the ground floor, was bought for $3.875 million through Burgess Rawson.</li>
</ul>
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/2/6/pyrmont%202.jpg" alt="">
There are several properties listed as for sale in January including:
<ul>
<li>423-427 Harris Street, Ultimo, three two-storey terrace houses used as student accommodation and 617 Harris Street, Ultimo, a three-storey terrace originally built in 1881 and refurbished in 2013 and used as a medium-term tourist accommodation, are for sale in one line through Karbon Property – Sydney; and</li>
<li>451 Harris Street, Ultimo, a two-storey building built 1880 comprising of a ground floor retail showroom and residential on upper floor, for sale with an asking price of $1,650,000 through McGrath Commercial and Metro Commercial.</li>
</ul>
Cityscope also advised leasing opportunities including:
<ul>
<li>31-35 Bank Street, Ultimo, a one-and-two-storey office and warehouse building with an apron and a loading dock to Bank Street with 13 undercover car park and outdoor parking for 20 vehicles, has office space of 800 to 1,555 sqm for lease through Ray White Commercial; </li>
<li>Ultimo Trade Centre at 28-48 Wattle Street, Ultimo, a five-storey brick Federation-style warehouse building connected to a two-storey brick warehouse building, has warehouse space ranging from 100 to 2,000 sqm for lease through DJ Wear &amp; Associates-Sydney and </li>
<li>80 Bay Street, Ultimo, a four-storey federation warehouse building with four ground floor retail tenancies and offices on the upper levels refurbished in late 2017, has office space ranging from 1,100 to 2,700 sqm for lease through Ray White Commercial.</li>
</ul>
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Pyrmont-Ultimo commercial sales top $1.3 billion over the last year

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The Hannah's Pies site in Ultimo has been sold for about $20 million.
The site, next to the Powerhouse Museum at 562-576 Harris Street, was sold with a leaseback to the pie shop. 
</div>
<div>
It was sold to Caper Property which owns two sites, both in inner-west Sydney. 
They are the Bald Face Stag Hotel and One Camperdown, Fairfax Media has reported.
Caper Property, which is seeking to capitalise in the build-to-rent and co-living sectors, is led by Chrsytan Paul formerly with boutique investment firm Aura Capital.
</div>
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