Coronation Property successfully launched the public sales of 8 Phillip Street. The company fetched $110 million and all units of the luxury tower’s stage 1 were sold in just a matter of hours after the sales opening. Prior to the sales launch, Coronation Property already received 200 expressions of interests and this strong response led to the units for the first stage to be sold out in just a matter of hours.
Coronation Property is expecting to receive a stronger response from the local community of Parramatta after the recent opening of the project gallery and display apartment. Interested buyers may experience the wonderful service that the luxury tower can give virtually. The project gallery features two booths equipped with virtual reality technology, which brings visitors virtually into the finished residential building. They will be taken up to the rooftop bar or “Studio 54” on the 54th floor where a host will greet and walk them down to a table. They will virtually experience amazing services and get to see a stunning view of Parramatta, Sydney’s Central Business District, and the Parramatta River.
The luxury tower offers several other amenities besides this once it is completed. Joseph Nahas, the Managing Director of Coronation Property, said 8 Phillip Street will offer the local community with excellent facilities that would surely give them a one-of-a-kind experience. The residential building will be unrivaled in all aspects including its contemporary design and lifestyle offering. The 8 Philip Street will feature 300 contemporary residences once it is completed by 2020. The residents may choose to reside in a studio, penthouse, or a one, two, and three-bedroom apartment.
Woods Bagot Director Domenic Alvaro was extremely delight because he will be closely working with Joseph Nahas and his team for the development of the project. He said the project’s restrictions inspired them to create a wonderful design, which they submitted at the design competition for the project that was adjudicated by the City of Parramatta. Alvaro was also proud to say that Woods Bagot considered the design, which integrated St Andrew’s Church and St Andrew’s hall into the tower, as a significant milestone for the company. They continue to create designs and integrate heritage buildings as much as they can in different parts of the world like Europe and the United States. Alvaro also added that they made a bold move when they decided to incorporate St. Andrew’s hall and make it as the entrance to the luxury tower. The iconic building also sits on top of the hall, which is the primary feature of its main entrance. Furthermore, the spire of St. Andrew’s Church is featured on the design of the tower. It can be seen in all aspects of 8 Phillip Street. All these were made to encourage the local community to be proud of Parramatta and improve the vibrancy in the area.
8 Phillip Street is also a result of an agreement between Coronation Property and QT Hotels & Resorts. Under the deal, the company is going to open its third hotel in New South Wales. It will be part of the iconic residential building. The mixed-use apartment, which will have a total of 54 floors, will have 14 levels allotted for the five-star hotel. It will be comprised of 205 standard deluxe rooms, 50 executive deluxe rooms, and two QT suites. 8 Phillip Street will also feature amazing amenities like a signature QT bar & grill, several meeting and event halls, a 200-seater ballroom hall, and an alfresco infinity pool.As a final point, Joseph Nahas said that Coronation Property seeks for 8 Phillip Street to transform the city of Parramatta to a completely new level.