Sydney Harbour-side hectare goes for $180 million

By |
Developer Aqualand Australia has paid $180 million for almost one hectare of prime harbour-side property in the Sydney suburb of Pyrmont. 

The Australian arm of the Chinese developer last week purchased the waterfront REVY site at Darling Island, which includes 8 Darling Island Rd, 6 Darling Island Rd and 34-38 Pirrama Road, which is currently occupied by Channel Seven.  

The sale means there could soon be almost 80 new luxury apartments on Darling Island, with the eight-level, federation heritage building at 8 Darling Island Road having development approval for conversion to 46 luxury apartments, while 6 Darling Island Road has a current approval for an eight-storey building featuring 32 luxury residential apartments.

The property at 34-38 Pirrama Road incorporates two heritage buildings and a smaller gatehouse building all subject to Channel Seven’s tenancy. 

Aqualand General Manager Wayne Xiong said the developer considered the land to be one of the most exciting locations in Sydney. 

“Darling Island is one of the most exciting pieces of land in Sydney and this development by Aqualand will create an opportunity for those looking to enjoy a luxury lifestyle on the prestigious Sydney Harbour foreshore,” Xiong said

“Over the next four years, this will become one of the most sophisticated and attractive residential areas in Australia.”


Do you have more than $200k in your super fund? You could use your super to buy property - Find out how

Top Suburbs : coburg north , hebersham , dulwich hill , tiwi , narara

go back

Get help with your investment property

Do you need help finding the right loan for your investment?

When investing in property, it is important to make sure that you not only have the lowest available rate that you can get, but also have the correct loan features for your needs.

Just fill in a few details below and we'll then arrange for a local Aussie Mortgage Broker to contact you and work out what features or types of loans are right for your needs. We'll even help with the paperwork. Plus and appointment is free.

How soon would you like a mortgage?
What is your Annual Household Income i $
Do you currently own any Investment Properties?
Do you own your own residence?
How much equity do you have in all your current properties?
First Name
Last Name
Where do you live?
What number can we reach you on?
E-mail address
We value your privacy and treat all your information seriously - you can check out our privacy policy here