One Circular Quay: Sydney’s Billion-Dollar Skyscraper Gains Momentum

Jun 04, 2025

Sydney’s famous skyline is on the verge of a new highlight with One Circular Quay, which is fast becoming a standout luxury building in Australia. One Circular Quay, with its great architecture, sky-high apartment prices and great waterfront spot, is leading the way in bringing high-class urban living to Sydney.

A Landmark in the Making

Between the world-famous Sydney Opera House and Harbour Bridge, the One Circular Quay development will change the look of the harbour area. Development of this exclusive residential tower is being handled by Lendlease along with Mitsubishi Estate, and it will be finished with 58 floors and 190 luxury residences once complete.

The Billion-Dollar Investment

At A$1 billion and more, the project is one of the largest and most expensive residential projects in the Southern Hemisphere. The project is taking shape on some of the most valuable land in the country, which makes it an excellent example of a generational project.

Several apartments at One Circular Quay have caught attention, selling for A$20 million and more, and their record-breaking penthouses have set a high standard for luxury property in Sydney.

Construction Progress and Timeline

Construction is now moving forward after many years of planning and getting the site ready. Key parts of the building have been built, and recent updates say that it is still expected to be finished in 2026.

Key milestones:

2022: Work to expand the railway started.
2023–2024: Work begins on the building’s frame, and the facade starts to go up.
2025: Interiors, amenities, and vital infrastructure will be finished.
2026: The last things get done, residents move in, and the grand launch happens.

Unrivalled Luxury Living

One Circular Quay offers many amazing features and is designed like a five-star hotel. Highlights include:

Apartments by the harbour that have glass windows that go from floor to ceiling.
Personal pools, gym areas and spa areas.
Valet and concierge services are offered to the guests as additional amenities.
Expensive shops and luxurious restaurants are found on the street level.
A luxury hotel by Hilton, Waldorf Astoria Sydney, opens along with the tower.

Global Appeal and Investor Interest

Many overseas buyers, investors and wealthy people from Asia and the Middle East are drawn to One Circular Quay. The attraction of the building’s prestige, its location and the amazing architecture have put it among the most wanted addresses worldwide.

The project demonstrates why Sydney is fast becoming a top destination for luxury real estate. Due to its good economy and stable government, Sydney keeps drawing international capital for long-term investments.

What It Means for the Real Estate Market

One Circular Quay is not only a famous building; it also shows how the luxury segment of Sydney property has grown. Due to the increasing demand for exclusive properties in top areas, One Circular Quay’s success may lead to more high-end developments in Sydney and elsewhere. It strengthens the idea that expensive properties in prestigious cities are still popular, despite difficulties in the economy.

Final Thoughts

As construction picks up and more luxury buyers are interested, One Circular Quay is now a clear example of how 21st-century cities should be. The achievement boosts the Sydney skyline and expresses the city’s goal to be a world-class place in architecture, lifestyle and luxury. For individuals interested in real estate, One Circular Quay could be an investment or an exciting place to own.