Essence, Double Bay

Market Insights
8 years ago
2 minutes

To enquire about this development, click here.

A sophisticated and contemporary development is due to compliment the essence of Double Bay’s recent rejuvenation with a $110m village project due to release on March 12.

Two unique and distinct buildings located on New South Head Road, this development, aptly named Essence, is aimed to encapsulate Double Bay’s existing beauty, rather than redefine the area.

Presenting itself as a unique and boutique offering of only 37 residences, Essence provides not only northerly views with a leafy outlook, but also sweeping outlooks over Double Bay.

With a limited number of beautifully appointed 1, 2 & 3 bedroom residences with parking, Essence is just moments from Double Bay’s cosmopolitan village and is only 4 km from Sydney CBD.

Synonymous with iconic restaurants, local and international fashion, this bayside village renaissance is all within a few minutes’ walk to the Double Bay, Edgecliff shopping centre and train station.

“The Village lifestyle provides a convenience to almost all the residents’ daily needs,” said Ben Stewart, Director of CBRE Residential Projects, “as well as the Edgecliff train station, the Double Bay ferry, and is also only a 10 minute drive away from the CBD and the Eastern suburbs beaches.”

Built by Golden Age Development Group, an established Australian property development business known for signature, high-end commercial and residential projects in key capital city locations, has prioritised not only quality in product, but also functionality in design. 

“The architecture within each residence at Essence incorporates natural elements with classic interiors that appeal to a broad market,” said Caroline Fagerlund, Associated Director of CBRE Residential Projects, “as well as the extremely efficient floor plans that maximise space with both indoor and outdoor connectivity.”

Despite Double Bay’s prestigious and affluent preconceptions, Essence allows those who would normally be priced out of the area, a limited chance to buy into one of Sydney’s most desirable suburbs.

“Most interested parties have an association with Double Bay in some form; be it living in a neighbouring suburb, or having family members from the area.”

“We are also seeing interest from investors due to good rental returns driven by lack of new stock coupled with the unique lifestyle of Double Bay that appeals to a broad demographic.”

With a limited availability not only within Essence, but Double Bay as well, this may be one of the few times purchasers will have the chance to acquire real estate in such an aspirational postcode.

To enquire today, to secure a VIP invitation to the launch on March 12 and March 13, click here.