1505/116 Bathurst StreetSydney NSW 2000
Property Details for 1505/116 Bathurst St, Sydney
1505/116 Bathurst St, Sydney is a 2 bedroom, 2 bathroom Unit. The property has a land size of 103m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Sydney in the last 12 months.
Last Listing description (February 2023)
The landmark Castle Residences stands tall on Sydney's busy Bathurst and Castlereagh Streets. Hutchies was thrilled to work with United Development Sydney on this flagship luxury mixed use development designed by award-winning architects Candalepas Associates.
Construction of the 37 storey tower began in late 2018 and included the sensitive refurbishment of the 142 year old heritage listed Porter House building next door. The project brings together high-end apartments with five-star luxury hotel services and amenities a distinctive offering in the Australian market.
Sitting above a 6 level basement, Castle Residences is home to 131 stunning apartments. The stand out faade boasts beautifully crafted off form concrete domes on the lower floors which perfectly complement the repetitive moulded sandstone vaneer of Porter House. Beyond level 11 it cantilevers 12m off the side and continue up 27 storeys above suspended gracefully over the Porter House building. The top of the tower offers 5 levels of stunning stepped sky gardens to its residents.
The Porter House Hotel by MGallery offers 121 luxury hotel rooms over 10 levels. The building, formerly known as Dixson & Sons Tobacco Factory, was originally constructed circa 1876 in Victorian Classic Style and has a significant presence on the Castlereagh streetscape even with its relatively sympathetic scale. This development ensures it continues to be an important piece of the urban fabric, especially with its close proximity to the adjacent St George's Free Presbyterian Church.
Both residents and hotel guests enjoy a range of amenities between the two buildings. The hotel services the residences with room service, catering, housekeeping, laundry and maintenance as well as full access to the hotel's facilities (restaurants, bars, gym, pool and business centre), along with 24 hour security, concierge and valet parking.
Hutchies is well known for delivering major heritage restoration work and high rise towers, which involves high quality workmanship, vertical scale and complexity in busy inner-city environments across Australia. In Sydney's CBD alone, Hutchies has been responsible for a number of iconic towers including the nearby The Residence at Hyde Park and Arc by Crown Group tower on Clarence Street.
Property History for 1505/116 Bathurst St, Sydney, NSW 2000
- 10 Apr 2024Sold for $2,350,000
- 20 Feb 2023Listed for Sale $2,510,000
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About Sydney 2000
The size of Sydney is approximately 3 square kilometres. It has 16 parks covering nearly 33.5% of total area. The population of Sydney in 2011 was 14,307 people. By 2016 the population was 17,261 showing a population growth of 20.6% in the area during that time. The predominant age group in Sydney is 20-29 years. Households in Sydney are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sydney work in a professional occupation. In 2011, 33.6% of the homes in Sydney were owner-occupied compared with 29.1% in 2016.
Sydney has 23,938 properties. Over the last 5 years, Houses in Sydney have seen a -71.84% decrease in median value, while Units have seen a 5.01% increase. As at 31 October 2024:
- The median value for Houses in Sydney is $502,395 while the median value for Units is $1,163,718.
- Houses have a median rent of $800 while Units have a median rent of $950.
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