A new development in Sydney, Australia, Billyard Ave has shown that moving out of a palatial home into an apartment does not have to mean compromise when it comes to both space and luxury. Located in the exclusive harbour-side suburb of Elizabeth Bay, the development will offer nine oversized residences, ranging from 360 to 400 square meters, with the option of two garden manors featuring an impressive 220 square meters of outdoor living space.
P-3 LIVING, who is leading the development for Billyard Ave, has partnered with premium estate agency, Fine & Country South East London, to market the development to an international London based market. Director at Fine & Country South East London, Gareth Mozley, says: “The development presents a unique opportunity for buyers looking to ‘downsize’ from their large family homes, while still having ample space and all the luxury aspects they have become accustomed to. The Billyard Ave residences offer a classic lock-up-and-leave option as their wealthy owners travel the world, providing enough space for children and grandchildren to visit and stay without putting pressure on the home.”
He notes that the development nods to the glamour of the rich and famous, from the location and views to the architecture and finishes. However, it’s the grand scale of apartments that truly sets it apart in the current market, especially in the sought-after suburb of Elizabeth Bay. Market data reveals that over the past five years the largest ground floor apartment in Potts Point/Elizabeth Bay was over 100 square metres smaller than Billyard Ave, with gardens around 80 square metres smaller. Buyers wanting an apartment of this magnitude in the region would have traditionally had to amalgamate smaller apartments.
Designed by award-winning architects SJB, Billyard Ave is captivatingly reminiscent of grand European architecture and exudes a coveted, delightful sense of Art Deco. The interiors of each of the four-bedroom, four-bathroom, North facing apartments feature oak parquetry and custom marble mosaic floors, fluted glass and marble finishes, and timber veneer joinery. Interior designer Victoria Judge, senior associate at SJB, has created exceptionally well-appointed dwellings with formal and informal living rooms, plus a separate multipurpose living space that can be used as a rumpus room, media room, or home gym.
According to Philippe Remond, Founder of P-3 LIVING, the outdoor living space is bound to be another drawcard with investors. He adds that the generous gardens are the work of landscapers Dangar Barin Smith, who have used layering to create spaces that are beautiful, functional, and easy to maintain. “Positioned three metres above street level, the gardens offer privacy and views of the harbour. They will include water features and an outdoor dining space with a built-in Wolf barbecue. Beautiful big pots will help to break up the space and create distinct thoroughfares, while substantial street trees and high walls provide additional solitude. In each of the garden apartments, every room opens out to garden, courtyard, or balcony space, creating a wonderful connection to the outdoors,” he adds. “One of the aspects people miss most when downsizing is having a garden, especially if they have a pet or love to entertain family and friends. The gardens at Billyard Ave would provide that outdoor space and wouldn’t make them feel as if they have moved onto something smaller.”
Mozley believes that the Sydney property market, being a safe haven and offering generous zero inheritance tax rules for Australian citizens, is an excellent investment opportunity for UHNW international buyers looking to move from various troubled areas of the world.
Fine & Country South East London invites discerning buyers to consider the Billyard Ave residences, which offer all the size of a house, plenty of garden space, parking, and lock-up-and-leave convenience, with the added benefit of single-level living and luxurious finishes in one of Australia’s most sought-after locations.
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