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Australian luxury jewellery company Paspaley has opened a new boutique along Castlereagh Street in Sydney CBD.

The 115 square metre store was designed in collaboration with French architecture firm Carbondale and sells a curated selection of Australian South Sea Pearls jewellery.

It is the third site for Paspaley in Sydney CBD, adding to its flagship around the corner at Martin Place, and another in Barangaroo.

The interior includes cream and gold colourways, alongside mother-of-pearl, white moon marble and white onyx. A key feature of the store interior is the Pinctada Maxima shell chandelier.

The exterior facade design includes slabs of white moon marble.

“Nature evolves and grows, and so too does the business of pearls,” group executive director James Paspaley said. “We are in a season of change, expansion and growth with new boutique offerings, in both Sydney and Brisbane, and a wider vision for the brand in the lead-up to the reimagining of our historic Martin Place Flagship boutique.

“We are excited to unveil these innovative boutiques as they welcome a new era for Paspaley by providing our clients with renowned craftsmanship and quality in a style they expect from us.”

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