Exclusive Sydney event for Melbourne property Sapphire By The Gardens

Market Insights
7 years ago
3 minutes

The rare opportunity for Sydney buyers to purchase an exceptional parkside address in Melbourne’s CBD presents itself in Sapphire By The Gardens. With 80 per cent of residences already sold, those remaining are in increasingly high demand.

Sapphire By The Gardens residential tower is part of the dual tower development, comprising modern luxury apartments alongside the new Melbourne Shangri-La Hotel, designed by the award-winning Cox Architecture and Fender Katsalidis Architects.

To discover the project in detail and understand the full opportunity to buy into one of Melbourne’s most prestigious developments, Sydneysiders are invited to attend an exclusive buyers event.

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The event will run from Thursday 21st September until Sunday 24th September and will be hosted, fittingly, at the prestigious Shangri-La Hotel in Sydney.

Of the 20 per cent of residences remaining, the large two bedroom, two bathroom apartments with parking have been of particular interest to NSW buyers, available from only $1,085,000. A limited number of three bedroom residences, sub-penthouses and the penthouse (which is expected to fetch in excess of $29 million) are still available.

The Sydney event will allow buyers to secure their Sapphire By The Gardens apartment with just a 10 per cent deposit now with no further payment required until late 2021, when construction is expected to be completed.

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Tim Storey, Managing Director at Colliers International and lead sales agent from Sapphire By The Gardens, says that demand for well-located, premium apartments in Melbourne continues to grow, particularly among Sydney investors.

“Melbourne’s apartment market is still maturing with a comparatively low number of apartments in the city relative to both Sydney and comparable global cities,” said Mr Storey.

Sapphire By The Gardens is an exemplary development that gives Sydney residents the chance to own an up-market residence that would be close to two and a half times the price in Sydney.

The stunning residential tower is infused with the essence of unrestrained luxury from its 5-star twin, offering residents an unparalleled lifestyle. The suite of world-class amenities includes a range of bars and restaurants, cinema, pool table, health club, swimming pool and 24hr concierge.

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Located in a northern pocket of the CBD, Sapphire By The Gardens is surrounded by a lavish selection of the city’s high-end shops and fine-dining venues – the epitome of sophisticated Melbourne at your door. And with a UNESCO World Heritage Site, The Royal Exhibition Building and its surrounding Carlton Gardens, just moments away, the prestige of the address is further inflated.

CEO of S P Setia Melbourne, Mr Choong Ka Wai, is confident that Sapphire By The Gardens will quickly become an impressive part of Melbourne’s ever-changing skyline.

“Sapphire By The Gardens has been carefully designed to the highest architectural standards and we are excited to watch this development evolve and settle into this iconic location,” said Mr Choong Ka Wai.

For more information or to enquire about Sapphire By The Gardens, click here. To attend the exclusive Sydney buyers event, click here.