Sydney’s iconic Sirius building is officially on the market with a price tag of around $100 million, the NSW government has confirmed.
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 on Thursday.
She said the proceeds will be used to build new social housing around the state.
The Sirius building sell-off is part of the state government’s plan to sell 300 state-owned properties in prime locations across Sydney, including 240 properties in nearby Millers Point, 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.
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