Large scale mixed-use five property development for Potts Point underway

Iris Capital’s plans in Potts Point are moving along with the developer finessing the Darlinghurst Road master plan.

The inner-Sydney mixed-use project at 18-32 Darlinghurst Road incorporates a row of five multi-storey buildings across the 0.25ha site. The developer confirmed it had lodged minor amendments that included apartment amalgamations and purchaser amendments.


The buildings will be refurbished and renovated to create 48 apartments and about 60 hotel rooms for a 10,000sq m floor area.

The five include the Lowestoft, built in the 1890s, which will be renamed Sovereign while next door the three-storey Regent and its Bourbon Bar will be restored.

Further down the road, a pair of post-war houses will be adapted into another apartment building, Monarch. The Commodore, built in 1928, will become The Consort.

At the end of the row the building that is the former home of the Carousel Lounge and Palladium nightclubs will become the last apartment building, The Empress.

Architects Tonkin Zulaikha Greer and Panov-Scott have designed the redevelopment plans for the project.

There will be a mix of one, two and three-bedroom apartments and four basement levels.

Two pubs, a medical center, gaming room and end-of-trip facilities will be included in the project as well as with 40 residential car parking spaces.

Two car share spaces, 8 motorcycle parking spaces, 12 hotel parking spaces, 54 bicycle storage spaces, two retail parking spaces and eight medical center parking spaces are also part of the project.

Iris Capital was started in 1995 and has a portfolio with more than 2500 luxury apartments, three vineyards and 60 hotels across the country.

Via The Urban Developer

Get our enews

Design and development news that comes to you


Sun Ranch: A paradigm of luxury and creativity in Byron Bay's Hinterland

In the heart of Byron Bay's hinterland lies a sanctuary of unparalleled luxury and creativity: Sun Ranch. Spread across ...

Permeable wooden cladding merges boutique hotel with nature on a Brazilian island

In a harmonious fusion of luxury and nature, Maria Flor Inn, a boutique hotel nestled on the picturesque ...

Studio Paolo Ferrari transforms Toronto restaurant with cinematic interiors

Toronto's downtown area is now home to a cinematic dining experience unlike any other, courtesy of the innovative ...

21-Storey Tower in Epping closer to reality with revised plans

The skyline of Epping may soon see a new addition as revised plans for a 21-storey tower have ...


Stay connected to the SPEC

Join our reader network by signing up to our weekly newsletter and receive design and development news straight to your inbox

Specifier Source is brought to you by the same company that publishes Home Design, Grand Designs Australia Magazine, Kitchens & Bathrooms Quarterly Magazine, Outdoor Design Source, Build Home, CompleteHome and many more.

© 2022 Universal Media Co. All Rights Reserved. Privacy Policy. Terms of Service. The material on this site may not be reproduced, distributed, transmitted, or otherwise used, except with the prior written permission of Universal Media Co.