The recently appointed builder, Dilcara, is also completing Third.i\u2019s Muse development in nearby Potts Point over the coming months.<\/p>\n
Known as The Rushcutters, the project was designed by Woods Bagot and aims to blend modern architecture with references to the area\u2019s Art Deco heritage, reflecting the character of its harbourside setting while delivering a contemporary, high-end living experience, according to Third.i.<\/p>\n
\u201cThe Rushcutters is a meticulously crafted project and an important part of Third.i\u2019s boutique portfolio, and selecting the right builder was critical,\u201d said Luke Berry, co-founder of Third.i in a statement.<\/p>\n
Set between Rushcutters Bay Park and Potts Point, the development offers residents immediate access to Sydney Harbour, established dining and lifestyle precincts, and good transport connections.<\/p>\n
The purchase price for the penthouse, which comes replete with a butler\u2019s pantry, laundry and guest bathroom, was not divulged.<\/p>\n
With demolition now underway, construction of the The Rushcutters project, which was first mooted back in 2024 when Mr Packer became involved, is set to begin mid this year.<\/p>\n
Apart from The Rushcutters, Mr Packer, a former casino mogul, is backing several luxury apartment projects in Sydney and Melbourne, often with another developer such as Time & Place or Orchard Place in tow.<\/p>\n
His projects stretch from Sydney\u2019s gritty Surry Hills and coastal Manly to the upmarket Melbourne suburbs of Toorak and Kew. <\/p>\n
The project is being marketed by Hume Residential in partnership with TRG Projects. <\/p>\n
Read related topics:James Packer<\/a> Lisa Allen is an Associate Editor of The Australian, and is Editor of The Weekend Australian’s property magazine, Mansion Australia. Lisa has been a senior reporter in business and property with the paper since 2012. She was previously Queensland Bureau Chief for The Australian Financial Review and has written for the BRW Rich List.<\/p>\n","protected":false},"excerpt":{"rendered":"Two apartments and potentially a whole-floor penthouse have sold in a James Packer-backed apartment development in the wealthy…\n","protected":false},"author":2,"featured_media":1379,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[2250,2251,23,133,2253,2242,2260,2239,2255,2259,2235,2249,2258,2241,2238,2252,2254,2257,2234,2247,2246,260,355,120,2245,2069,2248,2243,2236,2040,247,2233,2240,2256,2237,2244,68,2232],"class_list":["post-1378","post","type-post","status-publish","format-standard","has-post-thumbnail","category-sydney","tag-apartment-development","tag-apartment-projects","tag-australia","tag-australia-and-new-zealand","tag-billionaire-mogul","tag-boutique-portfolio","tag-casino-mogul","tag-coast-apartment-projects","tag-construction-starts","tag-due-diligence-period","tag-end-buyers","tag-harbourside-setting","tag-high-end-living-experience","tag-lifestyle-precincts","tag-lisa-allen","tag-luke-berry","tag-lux-homes","tag-luxe-apartment-projects","tag-luxury-apartment","tag-luxury-residential","tag-luxury-units","tag-melbourne","tag-new-south-wales","tag-oceania","tag-penthouse-buyer","tag-potts-point","tag-projects-stretch","tag-purchase-price","tag-rooftop-pool","tag-surry-hills","tag-sydney","tag-third-i-group","tag-time-amp-place","tag-time-ampampamp-place","tag-toorak","tag-transport-connections","tag-victoria","tag-whole-floor-penthouse"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/1378","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/comments?post=1378"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/posts\/1378\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media\/1379"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/media?parent=1378"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/categories?post=1378"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/australia\/wp-json\/wp\/v2\/tags?post=1378"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}![\"Lisa](\"https:\/\/www.europesays.com\/australia\/wp-content\/uploads\/2026\/04\/lisa_allen.png\")
<\/a>Lisa Allen<\/a>Associate Editor & Editor, Mansion Australia<\/p>\n