A remarkable new icon is taking shape in the heart of Sydney’s bustling Central Business District—Sydney House, an ambitious $800 million development. Situated at 196-204 Pitt Street, this 50-storey mixed-use tower promises to redefine luxury living with a blend of high-end residences and a premium hotel strategically located near the city’s most famous attractions. Set to debut as a unique addition to Sydney’s skyline, Sydney House combines cutting-edge modern architecture with a careful restoration of the historic City Tattersalls Club site, capturing a mix of legacy and innovation.

A Vision of Luxury by First Sponsor Group and ICD Property

Sydney House is a collaborative venture between First Sponsor Group Limited, a prominent Singapore-listed real estate company, and ICD Property, a leading developer from Melbourne. Both firms bring expertise in crafting high-quality urban developments, making this project a milestone for Sydney’s residential and hospitality markets. In a joint statement, First Sponsor Group’s CEO, Neo Teck Pheng, and ICD Property CEO, Matthew Khoo, emphasized their commitment to creating Sydney’s premier destination for those seeking an elevated CBD lifestyle.

“As Sydney’s newest luxury address, Sydney House will offer sophisticated living with sweeping views of the city’s most beloved landmarks, from the Sydney Harbour Bridge to Hyde Park,” said Mr Khoo. “It’s the ultimate convergence of elegance and convenience, giving residents access to world-class amenities with the warmth of personalized service.”

Design Excellence from BVN Architecture and FJC Studio

The architectural vision behind Sydney House comes from BVN Architecture, renowned for its innovative, human-centred designs. The tower’s structure and interiors are responsible for its structure. FJC Studio will artfully reimagine the historic elements of the heritage podium, preserving the essence of the City Tattersalls Club while infusing it with modern luxury—this blend of old and new offers a unique atmosphere where the past meets the present.

The development will include 241 luxury residences perched above a 136-room hotel. With spacious layouts, panoramic windows, and high-quality finishes, each residence is designed to provide a sanctuary of sophistication in the heart of Sydney. The project is set to market in 2025, offering an unparalleled opportunity for discerning buyers looking for a prestigious CBD address.

A Luxury Lifestyle with Unmatched Amenities

For residents, Sydney House will provide an unmatched urban lifestyle experience. From the convenience of a 24-hour concierge service to premium hotel amenities at their fingertips, living at Sydney House represents the epitome of luxury city life. The hotel amenities will extend beyond the ordinary with wellness facilities, fine dining, and an exclusive residents-only lounge that offers breathtaking views of the Sydney skyline.

Timeless Heritage Meets Contemporary Glamour

A significant aspect of the Sydney House development is the restoration of the City Tattersalls Club. This historic venue has been part of Sydney’s cultural fabric for over a century. The heritage podium will feature an elegantly designed bar and restaurant, drawing inspiration from its storied past while providing a modern culinary experience. Neo Teck Pheng of First Sponsor Group shared that the revitalized podium will honour the building’s legacy, offering spaces that echo its original grandeur while catering to today’s modern lifestyles.

“Sydney House is more than a residence; it’s a celebration of Sydney’s legacy,” Mr. Pheng remarked. “We are restoring a historical landmark in a way that allows future generations to appreciate its history while enjoying a luxurious lifestyle in Sydney’s heart.”

Prime Location on Sydney’s Most Exclusive Street

Located on Pitt Street, one of Sydney’s most exclusive and vibrant streets, Sydney House will provide residents with seamless access to the city’s cultural and recreational highlights. Just steps away from Pitt Street Mall, Sydney Opera House, Hyde Park, and Darling Harbour, this prime location connects residents to the best of Sydney’s dining, shopping, and entertainment venues.

Tim Rees, Senior Director at CBRE Residential Projects, emphasized that the project’s location makes it highly desirable for urban dwellers seeking convenience without compromise.

“Pitt Street is more than a location; it’s a gateway to everything Sydney offers,” Mr Rees stated. “From high-end boutiques like Prada, Dior, and Chanel to upscale dining and entertainment options, Sydney House residents will have the city’s finest offerings at their doorstep. The breathtaking views of Hyde Park and the Harbour only add to the allure.”

Sydney’s New “Trophy Home” for Discerning Buyers

The rise of Sydney House aligns with a growing trend in major cities worldwide—luxury city apartment living with access to premium hotel services. Wealthy downsizers, empty nesters, and urban professionals are increasingly seeking homes that provide the excitement of city life alongside the convenience of five-star amenities. Sydney House is an ideal solution for these buyers, offering a prestigious address and access to elite services.

Unmatched Connectivity with the Sydney Metro

Another significant advantage of Sydney House is its proximity to the newly opened Sydney Metro Pitt Street Station, just a block away. This station provides rapid connectivity to key business and leisure districts such as Martin Place, Barangaroo, and North Sydney. With trains running every four minutes during peak times, the Sydney Metro ensures effortless commuting across the city and beyond, making Sydney House a strategic choice for those who value luxury and convenience.

Construction Progress and Expected Completion

Under the meticulous guidance of Richard Crookes Constructions, a premier construction company known for delivering iconic projects, Sydney House began in early 2023 and is expected to reach completion in 2027. Richard Crookes Constructions, lauded for its work on projects like the Sirius building in The Rocks, brings an unwavering commitment to quality and precision, promising a landmark addition to Sydney’s skyline.

Sydney House presents a unique opportunity for those interested in a life of unrivalled elegance and convenience in Sydney’s most prestigious location. Prospective buyers and investors can register their interest and find additional details on the official website: sydneyhouseresidences.com.au.

This development promises to be more than a residence; it will be a lifestyle, a legacy, and an icon in Sydney’s ever-evolving cityscape.

 

 

 

Written by: Christine Nguyen

 

 

 

 

 

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