This article is from the Australian Property Journal archive
RENOWNED businessman Trevor C. Rowe, AO has been revealed as a purchaser at Crown Residences at One Barangaroo, the residential component of Crown Sydney.
The 82 residences comprise the uppermost floors of Crown Sydney, due to open in December this year, and residents are scheduled to move in from March 2021.
Crown Residences at One Barangaroo start at $9.5 million for a large two bedroom, two bathroom residence with a study.
“We announced earlier this year that Crown Residences at One Barangaroo has achieved a record $650 million in sales including an unprecedented 12 transactions over $20 million to date,” Erin van Tuil, Knight Frank partner and lead marketer of Crown Residences at One Barangaroo, said.
Sydney’s super-prime residential market has shrugged off the COVID-19 pandemic, posting a 33% jump in transaction values, as ultra-wealthy buyers view prestige property as a safe haven for the long-term during times of uncertainty. According to Knight Frank, Sydney was the stand out performer of 12 global markets analysed.
Rowe’s career includes 40 years in investment banking as well as high profile public and private positions, including chairman of United Group, Chancellor of Bond University and places on the board of the Australian government’s Future Fund and . He is currently senior advisor, Rothschild & Co Australia after stepping out of the executive chairman role in 2015.
Rowe was named an Officer of the Order of Australia in 2011 for his service to the finance sector, as well as the Centenary Medal in 2001.
He and his wife bought a three bedroom residence on the upper floors. The Duplex Penthouse boasts panoramic views of Sydney Harbour, 6.5 metre double height ceilings, a media room and a wine room.
All residences are unique in size and layout and feature dual or triple aspect views of Sydney Harbour Bridge and Sydney Opera House.
Residents have access to all services from the hotel at Crown Sydney, from having bed linen changed to hiring a private chef or wine sommelier. Residents will also have access to all amenities at Crown Sydney, including the resident’s pool, luxury gym, the Crown Spa and high end restaurants and bars below their homes.
On residents’ doorstep will be the world-renowned Nobu, which will include a 12 seater Omakase restaurant from famous sushi master Yoshii, a’Mare by Italian chef Alessandro Pavoni, Woodcut by Australian duo Ross and Sunny Lusted, as well sustainable local options from Clare Smyth.
