Sydney's Penthouse

Market Insights
9 years ago
2 minutes

Don’t be surprised if an international jet-setter who appreciates the value of living in a private oasis overlooking beautiful Hyde Park ends up paying the $15-Million asking price for Sydney’s finest penthouse.

The three-level Eliza penthouse in Elizabeth Street has just been completed – some three years after developer Ceerose started work on the site, which is next to the ‘Sheraton on the Park’. 

All 18 apartments on the lower 13 levels have sold, with Ceerose restricting inspections of its ‘crowning glory’ until it could be styled, furnished and photographed.     

Real estate groups Savills and McGrath have been jointly entrusted to find a buyer, so as well as affluent locals they have already started to target expats and international high-flyers.

“Several of our full-floor apartments were bought by people from overseas who know that Eliza offers a rare chance to live in one of the best neighbourhoods in one of the world’s great cities,” said Edward Doueihi, the founder of Ceerose.

“These purchasers are tending to use their apartment as they would a luxury hotel, staying here when on business trips and when on vacation.  

“We have no doubt it’s these type of international jet-setters who will be interested in inspecting our unique penthouse.”

The 499sqm penthouse perches atop the 17-storey Eliza apartment building at 141-143 Elizabeth Street, next door to the five-star ‘Sheraton on the Park’, gaining outstanding views over Hyde Park’s emerald green tree canopy to Sydney Harbour.

It has four bedrooms, six bathrooms, a private lobby and an internal passenger lift bedecked in limestone, onyx and timber. 

The six ensuites and bathrooms boast such sumptuous materials as honed travertine, bluestone, coloured glass mosaics, and fittings and fixtures from Gessi Rettangolo and Villeroy and Boch.

The penthouse comes with additional basement storage space and three secure car parking spots, accessed through a discrete private driveway. . .  perfect for those wanting to keep a low profile.