For buyers downsizing from a large family home into an apartment, a new project in Neutral Bay is offering a smooth transition with grand proportions and handsome finishes.

Bay House by developers Rebel Property Group and Morehuman takes its design cues from the scale and rhythm of the heritage-conservation streetscape five blocks north of Neutral Bay ferry wharf.

Architect Paul Buljevic, director at PBD Architects, says the facade of the five-storey building references the pattern of the structures that previously stood on the site.

“Curved edges to pronounced projecting bays help soften the built form and lead people through the light-filled lobby, which frames the communal landscape beyond,” Buljevic says.

“A brickwork podium provides strength, which is balanced against an elegant pattern of metal facade screening, sandstone cladding and timber highlight hues.”

North shore downsizers are tipped to snap up many of the residences. The architecture and interior design have been crafted to create a sense of space and comfort befitting a family home.

The two and three-bedroom units range from 79 to 206 square metres, with the largest outdoor area a generous 206 square metres.

“The apartments provide the fine-grain detail and internal configurations akin to larger-format living, with house-like proportions catering to well-versed, design-focused occupiers,” Buljevic says.

Katon McGrath’s interiors combine cool-toned finishes with the warmth of wide herringbone oak floors. Neutral colours give an adaptable backdrop for different looks.

Tim Rees, a senior director at CBRE Residential Projects, the agency marketing the project, says the some of the homes offer spectacular harbour and city skyline views. “The garden terraces … are perfect for people downsizing who also want a garden in a quiet, leafy setting”.

The agency is reporting increased demand since the May federal election for high-quality apartments in sought-after locations designed with owner-occupiers in mind.

Bay House is about 10 minutes’ walk from the shopping and cafe scene of Military Road. The inner-city nightlife, including theatre and restaurants, is also easily accessible, with the ferry from Neutral Bay to Circular Quay taking 12 minutes.

Previous projects by Rebel Property Group include the co-development of Pacific Bondi Beach into a luxury mixed-use destination, North at Milsons Point and The Bondi at Bondi Beach.