Central Element completes Ethos Chatswood: prestige living on the North Shore

Central Element and builder Growthbuilt have completed Ethos Chatswood, a $175 million residential and mixed-use development at 15 Ellis Street that marks the first new prestige apartment development in Chatswood in more than four years. 

The 49-residence development, designed by SJB, has already achieved strong market success with 60 per cent of residences sold at release, following an 8-week pre launch, including a suburb record $7.2 million sale. 

Final selection of two and three-bedroom residences now available to market.

With limited residences per floor the building offers a rare boutique scale, prioritising privacy, natural light, cross ventilation and expansive district views stretching from the CBD to the Northern Beaches and the Blue Mountains.

Nathan Chivas, managing director at Central Element, said the completion marks an important milestone for the company and for Chatswood.

“Ethos Chatswood represents everything we stand for at Central Element – exceptional design, quality and delivering projects that genuinely enrich the communities they belong in," said Nathan.

"We recognised a clear gap in the market for premium owner-occupier residences in Chatswood, and Ethos responds to that demand with generously proportioned homes, wellness-focused amenity and enduring architectural quality.

“We are proud to deliver this project alongside Growthbuilt and SJB, and cannot wait to see its first residents move in and begin their next chapter in their remarkable new homes.”

Following completion, the final release of a limited selection of two and three-bedroom residences has now been made available to market, including the exclusive penthouse apartment, offering a final opportunity to secure a home within Chatswood’s most prestigious new address. 

The Chatswood market is characterised by a lack of newly completed apartment stock which makes Ethos a standout in this location.

Ethos’ architecture is defined by a sculptural carved stone façade inspired by the North Shore ridgelines, creating a timeless and distinctive identity within the Chatswood skyline. 

Internally, residences feature refined finishes, premium fixtures, generous layouts and calm, light-filled interiors designed to emulate an elevated sanctuary within the city.

Resident amenity includes a dedicated Wellness Studio for yoga, meditation and exercise, as well as a Sky Lounge and terrace providing spaces for entertaining, working and social connection. 

Ethos has also achieved a 4 Star Green Star rating, incorporating passive design principles, efficient systems and durable materials to support long-term sustainability.

Ethos Chatswood forms part of Central Element’s continued growth across Sydney, following a significant period of project completions including Pienza Neutral Bay, 25hours Hotel The Olympia Paddington and Ballamac House Coogee, with Bianca Drummoyne also nearing completion.

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