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New eco Sydney development plan...

New eco Sydney development planned

A new development in Sydney is set to appeal to those looking for luxury green living.

A new development in Sydney is set to appeal to those looking for luxury green living.

The Herald Sun reports the Skye by Crown development at 211-223 Pacific Highway will offer three top-quality penthouses with specially-built rooftop gardens covering 246 square meters.

In total, the 20-storey project will consist of 242 apartments and will focus on offering buyers a strong indoor/outdoor experience.

Crown Group chief executive Iwan Sunito explained the $150 million development will include a number of key features, such as mature trees to offer privacy and screening.

"North Sydney has had a ­longstanding reputation as a secondary business district," Mr Sunito said.

"To bring greenery and gardens to that destination is ­unexpected but in the most exciting way possible."

Prices are expected to start at around $705,000 and construction will be completed by next year.

Sydney is one of the most popular area of Australia and house prices reflect this. Last week, a property overlooking the famous Sydney Harbour was put on the market for $100 million.

Posted by Ravin Chatlani.

All information provided is of a general nature only and does not take into account your personal financial circumstances or objectives. Before making a decision on the basis of this material, you need to consider, with or without the assistance of a financial adviser, whether the material is appropriate in light of your individual needs and circumstances. This information does not constitute a recommendation to invest in or take out any of the products or services provided by SMATS Services (Australia) Pty Ltd or Australasian Taxation Services Pty Ltd.

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