Stanton Hillier Parker is proud to present an exceptional opportunity to participate in Altum, a landmark Mixed-Use Development designed by award-winning architect FJC Studio. Under Stage 2 DA Assessment with the City of Sydney Council, Altum is set to redefine the CBD with its 50-storey tower featuring Built-to-Rent (BtR) residences, a hotel, a commercial/innovation hub, and retail spaces. Greaton, the project owner, invites expressions of interest from development and capital partners to elevate this groundbreaking vision by participating in the different asset classes.
Significant government and private investments have been dedicated to the Central Precinct, illustrated by the recently completed Metro station at Central, the light rail extension to UNSW, the ongoing George Street South Pedestrian Boulevard project, and the upcoming revitalisation of Haymarket and Chinatown. The Tech Central precinct, in particular, is thriving, with tech companies like Afterpay, Canva, Rokt, and SafetyCulture establishing a strong presence, alongside major developments by Atlassian, Dexus, and Frasers.
With an array of nearby amenities, including Market City, Darling Square, Darling Harbour, Central Park, and the retail corridor along George Street to Pitt Street Mall, Altum is strategically positioned to create a distinctive hybrid community environment in Sydney's CBD, meeting the rising demand from residents, businesses, and visitors alike.
Key Investment Highlights
Prime Sydney CBD location within the high-growth Education and Tech Central precinct
Flexible partnership opportunities across residential BtR, hotel, commercial, and retail sectors
Stage 2 DA lodged with the City of Sydney Council
Ideal demographics for BtR apartments with a high concentration of young renters and high-income households
Gross Floor Area of 47,706 sqm, including:
- 22,885 sqm of residential BtR housing across 24 storeys
- 12,317 sqm of hotel accommodations across 10 storeys
- 12,204 sqm for high technology industries and office spaces
- 300 sqm of retail on the upper and lower ground floors
Vacant possession available by the end of 2025, ready for redevelopment
Altum is poised to be a flagship mixed-use community in Sydney, harmoniously blending residential, commercial, and retail spaces to foster a unique sense of place and social interaction. Upon completion, Altum will stand as a vibrant, integrated vertical village, capitalising on Tech Central's growth and the area's transformative potential for tech-focused businesses, educational institutions, and urban living.
The property is for sale via Expressions of Interest (EOI), closing 4:00pm (AEDT) on Tuesday, 3rd December 2024.
For more information, please contact the exclusive selling agents of Stanton Hillier Parker:
Eric Yao
+61 425 530 889
eric.yao@stantonhp.com
Michael Stokes
+61 418 251 579
michael.stokes@hillierparker.com
Bill Kalimnios
+61 402 596 488
bill.kalimnios@stantonhp.com
Richard Butler
+61 407 409 310
richard.butler@hillierparker.com
*All figures are approximate.
