Lendlease has plans for a luxury residential development after securing a site at 175 Liverpool Street in Sydney, with settlement subject to conditions precedent.
The 3,750 square-meter (40,365-square-foot) site overlooking Hyde Park will be developed as two luxury residential towers with as many as 300 apartments for sale and 2,000 square meters (21,528 square feet) of retail and commercial space, subject to planning consents.
The project, which is expected to have a gross end value of more than A$2.5 billion ($1.6 billion), will be developed alongside joint-venture partners, with a sell down of up to 50 percent of the project expected in the coming weeks.
Located in Sydney’s Central Business District at the south end of Hyde Park, residences at 175 Liverpool Street will offer north-facing views across 16 hectares (40 acres) of green space through to the Opera House and Sydney Harbour. Surrounded by the city’s vibrant culinary scene, the development also wi
