By Andrew Batt:
A
new record for the most expensive Australian apartment ever sold has
been set with the AUD$21 million (THB615 million) purchase of a
two-storey penthouse in Sydney.
The prestigious property at
Pacific Bondi Beach was purchased by Will Vicars, Chief Investment
Officer of Caledonia Investments. He plans to create a single luxury
apartment with unsurpassable ocean views. The apartment will boast an
impressive total size of 975 sqm which features 507 sqm of living space
and a 468 sqm terrace facing the iconic Bondi Beach.
He said: "I
wanted to create a home for my family in Bondi. I love the precinct and
the project offered the ultimate lifestyle experience, including
laidback living, nearby sophisticated dining and shopping, access to
Pacific’s concierge services and the chance to be in the midst of
Bondi’s exciting atmosphere."
A stunning re-development of
Bondi’s Swiss Grand Hotel, Pacific Bondi Beach took the Sydney property
market by storm when it was launched in September 2012. It attracted
record sales of AUD$164 million with 74 of the 76 apartments sold within
hours.
Andrew Batt, International Group Editor of PropertyGuru, wrote this story. To contact him about this or other stories email andrew@allproperty.com.sg
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