Up on the northern beaches, developer CABE is tapping into the over-55s luxury housing market with a swish offering at Bayview, on the doorstep of Pittwater’s yachting and boating playground. The boutique project of five residences is also close to Mona Vale and Newport beaches and has walking tracks nearby, including to Church Point.
Prices in the eco-friendly building, designed by Lesiuk Architects, start from a cool $2.5 million.
Meanwhile in the southwest of the city, construction has begun on The Paper Mill in Liverpool, whose developers are promising to spark a new era of waterfront living for the area.
Coronation Property has a vision of residents strolling and cycling along the Georges River boardwalk in what it says will become a “food, local produce and beverage” hub with community facilities and cultural pursuits.
The first sod at the former industrial site was turned this month after a second wave of apartments was released for sale.
Another centre undergoing gentrification is the city of Newcastle, which has had an overhaul of its waterfront areas in the last decade. Sydney developer Thirdi has launched its third development in the city, a two-tower apartment block just to the west of the CBD known as WestEnd.
Future residents might spot former Australian cricket captain popping in the Newcastle CBD for holiday supplies – Clarke has recently snapped up a weekender in the Johnson Property Group’s Trinity Point development at Lake Macquarie, about 50 kilometres south of the former steel city.
Watersedge, 2079 Pittwater Rd, Bayview
Three-beds 279-313 square metres $2.5 million+
Penthouse 457 square metres $3.5 million
Strata levies From $2204.33 a quarter
Due for completion December 2016
Agent CABE, (02) 8818 3600; cabe.com.au