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Past > The Crescent on Bayswater
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Location

33 Bayswater Road, Potts Point

Description

The Hayson Group purchased the existing Crescent Hotel and its car park on Bayswater Rd, Kings Cross in 2001. At the time Potts Point, Kings Cross, Elizabeth Bay and Rushcutters Bay were becoming increasingly desirable with over $800million of new, luxury apartments under construction and council plans ensuring the area would be suitably rejuvenated.

The group renovated and refurbished the furnished 24 studio and 46 one-bedroom apartments, marketing them as an affordable, timely and intelligent investment. The apartments could be rented out for long, short or daily terms, or occupied as an inner city home away from home. Leasing could be self-managed or left in the capable hands of an on-site manager and leasing agent.

The apartments and 226 strata titled car spaces were received very positively by the market and sold out rapidly.


Contact

Crescent Management: 02 9356 5200



Over the past 40 years The Hayson Group of Companies has been at the forefront of property development, identifying new areas of opportunity and innovatively designed projects. The Hayson Group prides itself on its longevity, strong industry reputation and superior product.
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