Lendlease and Mitsubishi Estate Asia's luxury residential tower, One Circular Quay, has exceeded $2 billion in sales as it reaches its highest point in construction at 59-storeys.

Crowning the tower is the three level, five-bedroom penthouse, Sydney's only penthouse positioned directly between its famed icons, the Harbour Bridge and Opera House, and front row to Circular Quay.

With uninterrupted harbour views, this rare vantage point is visible throughout the residence, including from the north-facing infinity edge swimming pool.

The sale of the penthouse is expected to eclipse the sale of Lendlease's One Sydney Harbour Residences One penthouse, which sold for circa $140 million. 

With approximately 90 per cent of residences at One Circular Quay sold, remaining residences include three-bedroom apartments from $12.75 million and full floor apartments selling for upwards of $60 million.

Located in one of Sydney's most prestigious waterfront locations, One Circular Quay sits adjacent to Australia's first Waldorf Astoria, developed in parallel by Lendlease and currently under construction. Together they will elevate Circular Quay as one of the world's most desirable places to live and stay. 

One Circular Quay forms part of Lendlease's growing luxury residential portfolio which includes the award-winning One Sydney Harbour project in Barangaroo, One Darling Point in Sydney's eastern suburbs and 175 Liverpool Street overlooking Sydney's Hyde Park.

Acquired in 2022 by Lendlease and joint venture partner Mitsubishi Estate Asia, One Circular Quay has seen over 1.5 million construction hours to date. It is now entering its final phase of delivery, with construction slated for completion in late 2026.

Quotes attributable to Tom Mackellar, CEO Development, Lendlease

“One Circular Quay is a once-in-a-generation address, there's simply nothing else like it in Australia, and arguably, internationally. 

“We've leveraged our deep expertise in delivering luxury residential projects to create something truly unique to its location and market.

"One quarter of our buyers are also returning customers, which speaks volumes about the trust they place in us to deliver homes of exceptional quality.”

Quotes attributable to Yosuke Matsunaga, Head of Australia, Mitsubishi Estate Asia

“The topping-out of One Circular Quay — a truly one-of-a-kind development in the global real estate market — marks an outstanding milestone for the project and for Sydney's skyline.

“Driven by Lendlease's highly refined expertise, the project has achieved remarkable success in both sales performance and construction progress, setting a new benchmark for luxury in Australia.”