Domain Feature Property: Capitol

Aug 26, 2013

Feature property: Capitol, 253 Oxford Street, Bondi Junction
Price guide: $495,000-$3.9 million

The first major new development at Bondi Junction in about 20 years, the 20-storey, 93-apartment Capitol has shown just how popular the area is to new-home buyers.

Designed by architectural firm Dickson Rothschild, it will offer sweeping views over the harbour and of the city skyline. The building’s facade is of curved glass, with sandstone at its base and a timber-slatted awning over the base-level retail area.

”This really is a great site, just 150 metres to the train station, 100 metres away from the bus station, Bondi Beach five minutes away and Centennial Park just a nice bike ride away,” says Mark Maryska, project director from developer Legacy Property. ”And many of the apartments will have beautiful views.

”Bondi Junction underwent a lot of change in the 1990s with a lot of Meriton redevelopment and it’s looking a bit tired. But now there’s a lot more change happening with quality apartments, plans to upgrade areas around Oxford Street and revitalisation with other developments possibly going ahead.”

Capitol, Maryska believes, will provide a benchmark for the future, however. With interiors designed by BKH, there will be Carrara marble in the bathrooms and kitchens, Miele appliances, custom-made carpet and details such as timber-veneer shelves. One-bedders started at $495,000; two-bedders at $950,000.

Only three apartments remain for sale: a three-bedder (112 square metres) at $1.85 million, and two penthouses (187-198 square metres) from $3.75 million.