
Central Element (CE) and its partners MaxCap Group and Growthbuilt have celebrated a significant milestone in the construction of Ethos Chatswood, a $150 million luxury residential development in the heart of Sydney’s North Shore.
The topping-out ceremony, marking the completion of the building’s structure, brings this highly anticipated project one step closer to welcoming its future residents.
Key project leaders, including Nathan Chivas, Managing Director at CE, and Peter Sukkar, Co-Founder and Director of Growthbuilt, attended the official ceremony, underscoring the importance of this achievement.
The event highlighted the collaborative effort between the development partners and their commitment to delivering a high-quality residential offering.
Designed by acclaimed architecture firm SJB, Ethos Chatswood is setting a new benchmark for refined living in the area.
The development offers a curated collection of ultra-luxury one-, two-, and three-bedroom residences, which have attracted significant buyer interest since its launch in 2022.
A notable highlight was the record $7.2 million sale of a three-bedroom sub-penthouse, demonstrating the project’s appeal to discerning buyers.
Nathan Chivas, Managing Director of Central Element, expressed pride in reaching this milestone, stating: “This achievement not only signifies the strength of our collaboration with MaxCap and Growthbuilt but also underscores our commitment to delivering high-quality residences that will enhance Chatswood’s vibrant urban fabric.”
Peter Sukkar of Growthbuilt echoed this sentiment, stating: “Topping out is a testament to the hard work and expertise of our team, and we remain committed to delivering an exceptional development that will stand as a beacon of modern luxury living in Chatswood.”
Ethos Chatswood is one of five projects Central Element is set to complete across Sydney this year, showcasing the developer’s active role in shaping the city’s residential landscape.
With construction progressing towards final fit-out, the project remains on track for its scheduled completion in mid-2025.
The development continues to generate strong interest from buyers seeking a sophisticated lifestyle in one of Sydney’s most dynamic and well-connected precincts.
As Ethos Chatswood takes shape, it promises to be a standout addition to the area’s skyline and a testament to modern luxury living in Sydney’s North Shore.



