Billyard Ave completes with over $100 million in settlements as Sydney's elite buyers move in

The completion of Billyard Ave, Elizabeth Bay marks the delivery of one of Sydney’s most exclusive residential developments, with over $100 million in settled transactions being realised and the astute purchasers now moved into the landmark harbourside building.

Comprising just nine grand-scale private residences, Billyard Ave has been conceived as a collection of homes rather than apartments, a philosophy that has resonated strongly with Australia’s most discerning owner-occupiers.

The project has attracted a tightly held group of high-profile buyers from across business, legal and investment circles, reinforcing Billyard Ave’s position at the very top end of Sydney’s residential market.

Confirmed purchasers include Andrew Michael, founder of Apparel Group, who secured a four-bedroom sub-penthouse, Chris Coudounaris, prominent lawyer, who also acquired a sub-penthouse residence, Tina Green, widow of hotelier Maurice Green, who purchased the expansive Garden Manor residence and the reported sale of the $30 million whole-floor penthouse, acquired by a former global banking executive Matt Allen, setting a new benchmark for apartment sales in Sydney’s eastern suburbs.

With the building now complete, focus turns to the final Garden Manor residence and Residence Five, both now officially available and offering beautifully framed views across the harbour.

In recent weeks, Sydney’s elite buyers, family offices and senior buyer representatives have been seen undertaking private inspections of the completed residences. Market sources suggest strong competition and advanced negotiations on these residences, with speculation that a number of transactions are close to being concluded.

Sales are being conducted quietly and by appointment only, consistent with the calibre and discretion of the buyer cohort.

According to Eddie Mansour, managing partner at Ray White Projects, the completion of Billyard Ave confirms its status as a future architectural and cultural landmark for Sydney. “This was always designed as a legacy project, something that could not be recreated under today’s planning controls. Now complete, it will stand as one of Sydney’s most important harbourside residential addresses for generations.”

Jason Boon, of Richardson & Wrench Elizabeth Bay, said the finished building had exceeded even the most optimistic expectations. “Billyard Ave is one of those rare projects where the finished product genuinely surpasses the promise,” Mr Boon said. “The scale, privacy and level of craftsmanship are exceptional. It’s not just a standout for Elizabeth Bay, it will be referenced for years as one of Sydney’s great residential buildings.”

Julian Hasemer, of 1st City, said the project had created a new benchmark for owner-occupier luxury. “There is simply nothing comparable in the market,” Mr Hasemer said. “Billyard Ave offers the space and privacy of a freestanding home, delivered in an irreplaceable harbourside setting. This is the kind of building that becomes an icon over time.”

With planning controls now preventing developments of comparable scale and density in Sydney’s eastern suburbs, Billyard Ave occupies a uniquely protected position in the luxury market offering 4 bedrooms, 4.5 bathrooms, multiple formal and informal living and dining areas as well as three side by side car spaces for each residence.

Expressions of interest for the remaining residences at Billyard Ave, Elizabeth Bay are now open, with inspections available strictly by private appointment.