Siriusly expensive property
THE contentious Sirius building is officially on the market — and it can be yours for a cool $100 million.
The brutalist building next to the Harbour Bridge — which has been used for social housing for more than 30 years — is being sold to developers who are expected to replace it with hundreds of private apartments, despite fierce opposition from community groups desperate to save it.
“It’s up for sale today — we’re looking for expressions of interest,” Minister for Social Housing Pru Goward told ABC Radio yesterday.
She said the proceeds would be used to build new social housing around NSW. The Sirius sell-off is part of the state government’s plan to sell 300 state-owned properties in prime locations across Sydney to raise up to $500 million.
In October the Sirius building, which was completed in 1980, was added to the World Monuments Fund’s 2018 watch list.
The Sirius building.