Sydney-based developer Fortis has officially broken ground on its ambitious Double Bay commercial office project, marking a significant milestone in the revitalization of this iconic suburb. The luxury strata office block, known as Ruby House, has been introduced to the market through Stewart Properties, promising a new era of sophistication in Double Bay’s real estate landscape.
This visionary project is a collaboration of industry leaders, featuring Lawton Hurley as the lead architects and interiors meticulously designed by Woods Bagot. The development funding has been secured through Pallas Capital, underlining the strength of the project.
Construction work has commenced on the elegant four-storey building located at 2-10 Bay St. It will offer a range of office spaces, ranging from 70 square meters to 550 square meters, with an average selling price of approximately $3 million. The expected completion date for Ruby House is set for early 2025.
Ruby House boasts a total gross floor area of 5,151 square meters, spread across five storeys. The ground floor will feature retail spaces facing Bay Street and New South Head Road, promising to breathe new life into the area’s commercial and retail offerings. The office spaces within the building are designed with flexibility in mind, offering large floor plates that can be easily divided into various tenancy sizes.
Notably, the project also addresses the critical issue of parking, providing over 90 car parking spaces in the basement. Moreover, it includes luxurious end-of-trip (EOT) facilities, open terraces that complement the office floors, and a spacious rooftop terrace affording breathtaking views of the bay.
Charles Mellick, Director of Fortis, expressed the company’s vision for Double Bay, stating,
“Our vision for Double Bay is to bring life back into this once-great suburb, in turn creating a vibrant precinct that is seen as the most sought-after neighbourhood in Sydney, if not all of Australia.”
Positioned in the heart of Double Bay village, the Ruby House site offers convenient access to an array of amenities and transportation options. Residents and tenants will enjoy easy access to the Double Bay ferry wharf and a short 10-minute walk to Edgecliff train station, making commuting and exploring the city seamless.
Fortis’ investment in this Double Bay project is poised to usher in a new era of elegance and vitality for the suburb, setting the stage for a highly sought-after neighbourhood that combines modern luxury with timeless charm.
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