Artist's impression of the Sirius building redevelopment. Source: BVN.

Luxury Penthouse in the Controversial Sirius Building Sells for $35m

Three years after the last social housing tenants were removed from the iconic Sirius building, one of the penthouses has sold for $35 million.

Domain reported the sale was to a buyer from Point Piper, coming after the recent sale of a $19 million penthouse in the building to a buyer from Coogee.

CBRE is set to launch a VIP offering on Saturday ahead of the projects scheduled completion date next year.

The sales come after the controversial development was sold privately by the state government for $150 million in 2019, having avoided calls from the Heritage Council of NSW to heritage list the building and passionate community opposition.

Sirius was built in the 1970s in a brutalist style and provided social housing, with the last resident, 93-year old Myra Demetriou, forced out of her home in January 2018 to make way for the soon to be luxury apartments, with the building sitting empty ever since.

Developer JDH Capital commissioned the Australian firm BVN to retain and restore the brutalist facade into 76 boutique residences with the development, now referred to as Sirius Sydney Harbour, comprising of one-bedroom units starting from $1.7 million with penthouses starting from $12 million.

A four-page glossy liftout advertisement in the Australian Financial Review in May resurfaced old tensions, as the advertisement was widely criticised on social media, with those who fought to keep the building as social housing reminiscing on what was lost.

At the time, Save Our Sirius spokesperson told the Guardian Australia that “in 40 years we have gone from a society that provides quality housing for low-income people to luxury housing for the most wealthy”.

On the website for the development, the project promises “the opportunity of a lifetime” and that the renovated building “does not diminish Sirius’ uniqueness – it elevates it” while creating residences “for those who truly understand and value design”.

Kelly Hoppen, a London-based interior designer, has been hired to design the common areas and the penthouses while 360 Degrees Landscape Architects will design the exterior gardens.

The Sirius building on December 30 2017, a month before the last social housing tenant was removed

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