Melbourne-based Gurner Group is set to launch a major $800m residential development in Sydney’s Barangaroo, with apartment prices starting at $5m.
Gurner said the Barangaroo tower in the northern part of the CBD would also offer full-floor sub-penthouses priced from $20m-plus, but the average apartment price would be in the $7m to $9m range.
It is the only residential apartment project to launch this year in the northern part of the Sydney CBD and Barangaroo precinct. It will launch in either the second or third quarter of the year – Gurner is yet to decide.