Construction scion pays $30m buying apartment in Lendlease’s One Circular Quay

Mary Salteri, the cashed-up daughter of the late construction magnate Carlo Salteri, has forked out $30m for an off-the-plan apartment in Sydney’s One Circular Quay.

One Circular Quay, where infrastructure heiress Mary Salteri has purchased a three-bedroom apartment.

Mary Salteri, the cashed-up daughter of the late construction magnate Carlo Salteri, has forked out $30m buying an off the plan apartment in Lendlease’s One Circular Quay unit tower.

Up to 80 per cent of luxury units in the sumptuous 58-level block on the former Goldfields House site have sold, including reportedly a $65m unit. All up, about $1.5bn worth of units have sold in the tower with completion expected within the next 18 to 24 months.

For her money, Mary Salteri has purchased a three-bedroom apartment.

She follows her brother Robert Salteri into Sydney’s Circular Quay precinct.

Along with his ownership of an apartment on a private cruise ship which circumnavigates the globe each year, as well as extensive rural property around Jamberoo on the NSW South Coast, Robert Salteri also bought into the nearby Opera Quays development back in 2017.

He paid $27m, which at that stage was the highest price for an apartment at East Circular Quay.

The siblings’ father, Carlo, was the co-founder of infrastructure giant Transfield along with Franco Belgiorno, with the company focusing on major projects such as hydro-electric, coal power stations and oil rigs.

Around 80 per cent of apartments at One Circular Quay have sold in the project, a joint venture between Lendlease and Mitsubishi.

Andrew and Nicola Forrest bought the hotel within the complex, which will be branded a Waldorf Astoria.

The two, three and four-bedroom apartments are being marketed by CBRE which is selling most of the prestige apartments in the city at present.

One Circular Quay’s interiors were designed by German trained interior designer Daniel Goldberg.

To date, the majority of buyers have been local Sydneysiders.

The 58-level apartment tower overlooks Circular Quay, the Sydney Opera House, the Sydney Harbour Bridge and out to Sydney Heads is much less about luxury and more about understated elegance, and uses natural materials, says Goldberg, who has also worked on The Residences in London’s The Shard Tower.

Every apartment has a winter garden, effectively a sheltered balcony, and they will all feature Wolf and Sub Zero kitchen appliances, which are considered the best on the market at present. Buyers are offered three different colour schemes, ranging from earth to sky tones.

The site of One Circular Quay was once controlled by the now exiled Chinese political donor and billionaire Huang Xiangmo via his Yuhu operation.

He exited as another Chinese developer, AWH Investment Group, took over in 2019.

Mr Huang is now banned from entering Australia.

See more prestige property news in the November issue of Mansion Magazine, out on Friday, November 29.