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DEVELOPER Ceerose has unveiled a sprawling residential project in Willoughby, hard on the heels of its luxury apartment block Eliza.
The Mint comprises 104 apartments across five levels, at the junction of Mowbray Road, Willoughby Road and Penshurst Street.
Similar to Eliza on Elizabeth Street, the development will feature a bespoke design of 58 different layouts with no two floors the same.
Savills head of residential projects Ged Rockliff says The Mint is expected to attract plenty of interest, as Willoughby is a suburb where demand outstrips supply.
According to Savills research, the median unit price increased by 12.15 per cent with 55 apartment sales during the past year.
"Willoughby offers the coveted lower north shore lifestyle but has never had the style or quality of apartment that Ceerose will deliver," Rockliff says.
"Owner occupiers and investors alike will be able to purchase here with the confidence of knowing their investment will set a benchmark in the region.
"This development should appeal to a range of buyers from professionals and business people who want the convenience of being so close to the business centres of Chatswood, Crows Nest, North Sydney and the CBD, to families and empty nesters who want the traditional lower north shore values and lifestyle."
Mayoh Architects has designed the development to facilitate a "neighbourhood spirit", with shared spaces, landscaped terraces and scenic walkways.
Mayoh general manager Peter Hinteregger says the natural surrounds will be integrated into the concept.
"Residents will enter their apartments via open galleries with glass balustrades, enabling visual connections between levels," Hinteregger says.
"The juxtaposition of nature and urban environment is a key to making The Mint, Willoughby a successful, sustainable development and generating a sense of place for residents."
The Mint has studio, one, two and three-bedroom apartments available, with prices starting from $625,000. Construction is expected to commence later this year.
Ceerose is also approaching completion of Harbour Mill at Pyrmont, refurbishing the remnant façade of a flour mill built in 1896.
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