This article is from the Australian Property Journal archive
SYDNEY property developer Central Element has lodged plans for its “ultra-premium” boutique residential project on its $51 million Bondi Beach site.
The development application, lodged to Waverly Council, reveals Central Element’s plans for the seven residences on the 2,050sqm site at 20-22 Sandridge Street and 21 Wilga Street, acquired in September 2023, with an estimated end value of $150 million.
“After experiencing the appetite for high-end, unique sites on Sydney’s Eastern Suburbs coastline with our Coogee projects, we saw the opportunity to unlock the full potential of this exceptional site,” said Nathan Chivas, managing director at Central Element.
Designed by MHNDU architects, the residences will be joined by nearly 500sqm of communal space with landscaping by Dangar Barin Smith.
The project will boast direct access to the Bondi and Coogee coastal walk, with the apartments facing the coastline with access via Wilga Street.
The two semi-detached houses will span two storeys with a basement car park accessed through a shared driveway with turntable parking.
While the four-storey apartment building will house five three-bedroom apartments, with basement parking.
The ground level will have two apartments, each with a private pool on its rear facing terrace, with the next three levels will boast whole-floor apartments with an extra study and expansive terraces with a spa.
“The Bondi Beach market is one of the most exciting in Australia, and with this ultra-premium boutique project we will be curating residences that will stand apart from all the rest,” added Chivas.
“The location of this unique parcel of land, on the headland between Bondi and Tamarama with unparalleled vistas, further adds to its elevated level of luxury.”
Just last month, Central Element and Develotek have kicked off construction at the first waterfront project to be released in Drummoyne in four years.
