In a matter of hours, eager buyers have snapped up over half the apartments available at the new Milsons Point development, Aqualuna.

Buyers exchanged contracts worth around $84 million, with 35 out of the 63 apartments sold over two days at the launch.

Colliers International Director of Residential Project Marketing, Selda MacDonald said the strong buyer interest reflects the high buyer demand for Milsons Point luxury property.

“There is a shortage of premium, boutique apartments in the market,” Ms MacDonald said.

“Buyers have been attracted to Aqualuna because it is so close to the Sydney CBD and everything that Sydney has to offer, while being tucked away in its own little wonderland oasis.”

The nine-storey Zone Q Investments development will also feature a unique curved design by globally aclaimed Koichi Takada’s Architects.

At 30 Alfred St South, the devleopment has a selection of one, two and three bedroom boutique apartments, and also penthouses.

Prices range from $890,000 for a one-bedroom, through to $2.6 million for three-bedroom apartments, with penthouse prices available on request.

The development will feature a communal residence terracem, and is scheduled to be completed by Christmas next year.

CoreLogic data shows the median Milsons Point unti price of $1.919 million has increased by 110.9 per cent over the past five years.