Kirsten Craze
Updated 27 May 2026, 9:15pm
First published 27 May 2026, 1:22pm
An artist’s impression of one of the apartments in Belgravia, with its iconic view.
Inspired by one of London’s most exclusive neighbourhoods, Belgravia is a new luxury project launching this weekend in popular Potts Point.
Bringing a European sensibility to one of the eastern suburbs’ most tightly held pockets, the Victoria St building is a collection of 17 residences crafted by Koichi Takada Architects in collaboration with BVN.
Developed by Ceerose, the boutique project has been modelled on the stately period architecture of the British capital; balancing old-world grandeur with contemporary luxury.
Ceerose, a family-run company that has been producing residential projects in Sydney since 1998, is the name behind other luxury city-fringe buildings such as Eliza on Elizabeth St in the CBD, Ode in Double Bay and Munro House in Elizabeth Bay.
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“Potts Point is a very limited supply,” says Ben Stewart of SRM.
The residences have high ceilings, bronze detailing, rich marble and travertine surfaces, Gaggenau appliances, butler’s pantries and gas fireplaces.
Marketed with Ben Stewart of SRM Residential, Belgravia will officially launch to market this Saturday with apartments priced from $3.8m for two-bedroom and $4.9m for three-bedroom apartments.
There are a handful of three- and four-bedroom half-floor units between 200sq m to 260sq m with postcard backdrops and prices starting at $13m.
A 456sq m four-bedroom penthouse is yet to be publicly launched.
According to Stewart, two-bedroom apartments in Belgravia could earn $2500 to $3000 a week in rent, with the three-bedroom offerings potentially earning $3500 a week and the larger residences fetching between $5000 and $7000 a week.
“Potts Point is a very limited supply,” Stewart says.
“It’s unlike other areas of Sydney as you’re very limited to what can be built there; it’s difficult to get these new buildings approved.”
Last year, the City of Sydney updated its Local Environment Plan to prevent developers buying older, affordable apartment blocks to create fewer new apartments. The original building at 117 Victoria St was formerly home to 45 units.
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Completion is expected in mid-to-late 2028.
The boutique project has been modelled on the stately period architecture of the British capital; balancing old-world grandeur with contemporary luxury.
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“What’s interesting with Belgravia is that it’s among the last of the approvals of this size in the City of Sydney,” Stewart explains.
“There will be fewer and fewer of these boutique builds.”
Every apartment has its own unique outlook across Woolloomooloo Wharf, the Harbour Bridge and the harbour.
Inside, the residences have high ceilings, bronze detailing, rich marble and travertine surfaces, Gaggenau appliances, butler’s pantries, gas fireplaces, large terraces or balconies, and designated study spaces in the larger layouts. Residents of Belgravia will also have access to a private sky garden framed by some of the city’s most iconic landmarks.
The neighbourhood offers a cosmopolitan lifestyle among tree-lined streets, heritage terraces and grand Victorian facades with an abundance of amenities within easy walking distance, including Kings Cross Station only 300m away.
Construction on Belgravia is scheduled to begin in the new financial year with completion expected in mid-to-late 2028.
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