New luxury apartments unveiled in Darling Harbour’s $15bn revitalised precinct

Mirvac has announced its next release at Harbourside Residences

A new release of prestige apartments at Mirvac’s Harbourside Residences has been announced, unlocking the upper levels of the coming 48-storey tower.

The project sits within the revitalised $15bn Darling Harbour precinct, comprising 260 apartments, including three penthouses and six sub penthouses.

The first stage release of apartments in November last year achieved over $700 million in pre-sales in a single sell-out weekend and more than $800 million total presales to date.

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Harbourside apartments designed by architects Snohetta and Hassell with interiors by BatesSmart

The three- and four-bedroom apartments have sweeping views west to the Anzac Bridge and Blue Mountains, north to the harbour and northeast views of the Sydney CBD.

Mirvac CEO of development Stuart Penklis said since launching Harbourside they learned a water view is no longer enough to satisfy luxury buyers. These buyers also needed to feel immersed in city life, he said.

“It’s only from this vantage point on the western harbour looking east that you get those exceptional city views that are spectacular by day but magical by night,” he said.

“More than 95 per cent of buyers in the first release were locals, Sydneysiders who love their city and also have a nostalgic attachment to Darling Harbour. There’s history here and they want to own a piece of it.”

The apartments boast water views …

… as well as the CBD skyline

The next release comes as new data shows annual growth in the prestige segment is outpacing the broader market. Prices for top tier apartments in Australia have grown 40 per cent over the past decade. And luxe listing volumes are almost 20 per cent below pre-pandemic levels.

“Harbourside is the pinnacle of Darling Harbour’s $15bn renewal,” Mr Penklis said.

“Residents will move in to a completely transformed Darling Harbour precinct that sets a new standard for how we experience life on Sydney Harbour.

“What was once a place for locals and tourists to visit on a day out will be a place where people also work and live.”

Harbourside Residences bedroom

Services include 24-hour concierge and resident access to a lagoon pool with cabanas and wellness facilities of a gymnasium, yoga/pilates studio, indoor lap pool, spa, steam room, ice bath and sauna.

There will also be club-like social spaces such as residents’ lounge, catering kitchen, cinema and golf simulator rooms.

Recent buyer Emma Goodwin’s first experience of Darling Harbour was as a tourist 20 years ago, visiting from London with husband Jason.

“I have always loved Darling Harbour and I love what everyone is doing with it,” she said.

“We bought an apartment in Harbourside Residences because of the location – I like this side of the water.

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Harbour Residences buyer Emma Goodwin

Mirvac is delivering the Harbourside project under a joint venture with Mitsubishi Estate Co. Ltd (MEC).

Due for completion from 2027, Mirvac’s wider $2bn Harbourside precinct revitalisation will deliver more than 10,000 square metres of public open space, a new waterfront promenade and new 3,500 square metre waterfront garden, pedestrian connections to Pyrmont and the waterfront and $7 million in public art and activation.

The precinct is targeting diverse retail offerings, including an international food market, restaurants, national and international retailers, integrating with the public spaces

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