Construction of Winim Developments’ Otto Apartments in Cremorne has started and will feature eight boutique two and three-bedroom apartments over four levels as well as basement parking.
Located in the heart of Cremorne Shopping Village at 53-55 Gerard Street, the $20 million project will feature eight spacious, home-like apartments generously spread over four storeys on a 762 square metre site.
Designed by award-winning architects, Rothelowman, and targeted at the discerning buyer, Otto, Cremorne will include one two-bedroom apartment and seven three-bedroom apartments priced from from $2.215 million to $2.715 million.
Winim Developments recently awarded Pindan the contract to design and construct the luxury project .
Pindan Business Development Manager, James Allingame, said the group’s Sydney-based construction team was already at work on the project.
Pindan and Winim have previously worked together on East Lane in North Sydney, a $37 million mixed-use development featuring 36 apartments, as well as retail and commercial space, which was completed in 2018.
“We are thrilled to again be working with Winim Developments and excited to be delivering this new high-end apartment project on Gerard St in Cremorne,” said Mr Allingame.
Construction is due for completion by early 2021.