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Third.i & PPI Secure Landmark $15.1M Sale at Elevate Hume Place Resetting the Benchmark for Sydney's Lower North Shore

Third.i Group

Elevate Hume Place, Sydney’s most connected residential address, has achieved a landmark $15.1 million sale, rewriting the record books and setting a new benchmark for luxury living in Crows Nest.

 

The transaction involved a spectacular 5-bedroom, 5-bathroom triplex Skyhome with secure parking, crafted from the amalgamation of a penthouse and sub-penthouse. The result is a sprawling multi-level residence featuring a private rooftop pool, expansive terrace, and panoramic views of Sydney Harbour and skyline.

 

The buyer, a local Australian, was drawn to Elevate’s unrivalled connectivity, situated directly above the newly opened Crows Nest Metro Station, and the vibrant lifestyle precinct that surrounds it. With seamless access to the CBD in just seven minutes and Chatswood in four, Elevate offers a rare fusion of convenience and luxury.

 

Designed by internationally acclaimed architects Woods Bagot, Elevate draws inspiration from the ancient blue gum forests native to the area. The building is a Net Zero development, created in consultation with Indigenous communities and exceeding sustainability benchmarks. Interiors feature chevron-engineered timber flooring, natural stone benchtops, and premium Sub-Zero Wolf appliances, delivering timeless elegance and next-level comfort.

 

The exchange of the $15.1 million apartment, follows a recent $5 million sale, and over $30 million currently in Expressions of Interests. Interest in Elevate’s penthouse stock has surged, reflecting a strong appetite for ultra-luxury residences that combine design excellence with unmatched connectivity.

 

“We’re seeing a significant uptick in interest from local and international buyers who are prioritising connectivity, sustainability, and lifestyle,” said Callum Billinghurst, Head of Sales at Third.i Group.

 

“These recent sales are a testament to the vision behind Elevate. It’s not just about luxury finishes or panoramic views, it’s about creating homes that are deeply connected to the city and the community. Buyers are responding to that. They want to live somewhere that offers more than just a postcode, they want culture, convenience, and long-term value. Elevate delivers all of that, and more.”

 

As part of the Hume Place precinct, Elevate is transforming Crows Nest into Sydney’s most dynamic urban village. Elevate’s unique position directly above the metro, combined with its curated amenity offering, has made it a magnet for buyers seeking a future-proof investment and a vibrant urban lifestyle.

 

More exciting news is expected later this year, with the next release at Elevate set to further redefine luxury living in Sydney.

 

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About Third.i

Third.i is one of Australia’s leading property development and investment firms with an enviable track record in successfully delivering large-scale residential projects in Sydney and Newcastle. With a current development pipeline exceeding $4 billion, Third.i’s experience and drive to deliver architecturally inspired spaces are key reasons for their ongoing success.

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Media contact:

Richard Lenarduzzi

Premier Communications Group

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