Crown pockets $1.1bn in sales at Barangaroo; historic Bowral beauty hits market

Gaming giant Crown has trousered more than $1bn worth of apartment sales in its $2.2bn Crown Residences.

Crown has sold around 80 per cent of the apartments in the 82 unit tower at Barangaroo.

Gaming giant Crown has trousered more than $1bn worth of apartment sales in its $2.2bn Crown Residences, but one of its most high profile apartment purchasers, multi-billionaire James Packer, is yet to settle the acquisition of his $60m apartment.

Crown has sold around 80 per cent of the apartments in the 82 unit tower with settlements commencing since April. According to CoreLogic data around 57 of the 82 available apartments in its Barangaroo tower in Sydney have settled with the latest purchaser Australian and New Zealand based investor Ian Campbell, the owner of a clearing house for superannuation, SuperChoice forking out $13.4m for a three bedroom and four bathroom apartment. Mr Campbell’s partner Marylyn Woods CEO of integrated professional services firm, Ash St, said “we bought the apartment because of its amenities, quality and views. The views are stunning.” Another apartment has just been snapped up for $12.85m with the buyer a company known as Clanricarde Investments. Meanwhile, Crown reignited its marketing campaign to sell the two-level, $100m-plus penthouse atop its Barangaroo Sydney tower in July. It is where Russell Crowe has been filming psychological thriller Poker Face but was this week forced to shut down the set due to a Covid outbreak. With more than 800sq m of space, The Penthouse has 360-degree views of Sydney Harbour, the Blue Mountains and Pacific Ocean and is the most expensive apartment in the tower. It has several entertaining areas with 6m floor-to-ceiling windows and more than 50sq m of open air space.

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Principal downsizing

The retiring headmaster of Brisbane Boys’ College Paul Brown and his wife Karen, are selling their Hunters Hill estate in Sydney with a guide price of $3.75m. The Browns are heading back to Sydney from the Sunshine State but have decided the renovated 1921 Californian bungalow which sports five bedrooms, is too big for them.

“We love the house and love our suburb, however with our children now successful adults and living elsewhere, we have very reluctantly decided to downsize and allow another family to make this house their home,’’ Paul Brown said. The house has been standing in its current position for 100 years and has been enhanced over the years. Positioned in the Hunters Hill conservation zone, features including the ornately patterned ceilings, exquisite timber fretwork and stucco facade will be preserved. The 23 Martin St home is listed with Belle Property Hunters Hill Principal, Simon Harrison. Mr Harrison recently sold nearby Treetops at 10 North Pde, Hunters Hill, for $6.46m, two doors up from Cate Blanchett’s former home. The Brown’s house will be auctioned on September 25.

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Historic offering in Bowral

Deep in the bucolic NSW Southern Highlands Thomas and Jennifer Carroll are expecting $4.2m to $4.5m for their 27 Gladstone Rd, Bowral, property. The pair paid $700,000 for the 133-year-old heritage house which occupies a 7700sq m block in the foothills of Mt Gibraltar back in 2000. Tom is a retired pilot and Jennifer worked in IT.

27 Gladstone Rd, Bowral.

“We moved here 20 years ago and since then have lovingly developed the house and garden. We feel it is now time for us to downsize, and would like to do that while we still have the energy to develop another home,’’ Jennifer said. The Agency’s Cameron McKillop and Ben Olofsen are marketing the property which includes stone walls and a natural watercourse leading to a spring fed dam. The kitchen features a farmhouse sink, Falcon gas cooker, a timber bench and cabinet from the 1930s, as well as a butler’s pantry. Three ground floor bedrooms share a bathroom with a pedestal sink, clawfoot bath and oversized shower while upstairs there’s a master suite with vaulted ceilings, leafy views and a large ensuite.