New Embassy Tower in St Leonards proves a speedy sell.
The Sydney residential market has proven itself this past weekend to be robust and competitive,
with the highly anticipated Loftex development,
‘Embassy Tower’ selling 145 of their 205 apartments in just a matter of hours this past Saturday 27th August.
Embassy Tower has been developed by Loftex, and designed by Nettleton Tribe architects.
It will have 205 apartments with pricing started for 41sqm studios at $601,000,
2 bedrooms $1.2 million and three-bedroom apartments starting at $1.695 million.
The ultra-modern apartments feature crisp design and spacious interiors,
with exceptional views out to the Sydney Harbour Bridge and beyond.
Loftex was also behind the Sugarmill warehouse conversion in Camperdown,
and earmarked this site more than six years ago due to its prime setting near the train station.
In addition to Embassy Tower, Loftex will contribute funds towards the construction of a proposed public plaza over the railway line.
With a gross value of $285 million, Embassy Tower offers one of the most enviable locations in St Leonards.
On a quiet tree-lined residential street, it will also benefit from the proposed new public plaza to be built over the railway,
which will provide new direct access to the station.