$7 million apartment sale in Central Element's Pienza, Neutral Bay

Central Element has secured a $7 million sale in Pienza, its Neutral Bay apartment development.

The $180 million project was launched in December.

The second floor, three-bedroom comes with 212 sq m of internal space and a 27sq m balcony.

It comes with a sunny north east aspect at its location on the corner of Waters Road and Grosvenor Street.

[smartcode_project:default project_id=29544 project_image_fid=188794]

The downsizer buyer had been looking for over a year.

The project's completed is scheduled for late 2023. Central Element's Pienza Neutral Bay Village project on Sydney's Lower North Shore has project financing from MaxCap Group.

The one-bedroom apartments are priced from $1.45m, and two-bedders from $2.45m to $3m.

[smartcode_project:default project_id=29544 project_image_fid=188793]

Its three-bedroom apartments range from $4.5m to $5.3m.

Residents of the village will have access to a rooftop garden, infinity pool and lower ground shopping and dining areas.

Central Element managing director Nathan Chivas noted the $7m sale set a new price record within the popular village precinct of over $33000 per sqm.

Designed by award-winning SJB Architects, the 39 apartments have interiors more synonymous with a grand house than an apartment including butler’s pantry, home office and powder room.

The build of Pienza is being done by Richard Crookes.

[smartcode_project_cta: project_id=29544]