The Urban Developer
AdvertiseEventsWebinars
Urbanity
Awards
Sign In
Membership
Latest
Menu
Location
Sector
Category
Content
Type
Newsletters
Untitled design (8)
25 DAYS UNTIL OUR UNMISSABLE FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
25 DAYS UNTIL OUR FLAGSHIP CONFERENCE 29-31 JULY, GOLD COAST
SECURE YOUR SPOTDETAILS
TheUrbanDeveloper
Follow
About
About Us
Membership
Awards
Events
Webinars
Listings
Resources
Terms & Conditions
Commenting Policy
Privacy Policy
Republishing Guidelines
Editorial Charter
Complaints Handling Policy
Contact
General Enquiries
Advertise
Contribution Enquiry
Project Submission
Membership Enquiry
Newsletter
Stay up to date and with the latest news, projects, deals and features.
Subscribe
ADVERTISEMENT
SHARE
print
Print
OtherStaff WriterMon 31 Oct 16

Melbourne Luxury Pad's Entry Into Market Well Into Millions

Screen-Shot-2016-11-01-at-3

The 86th floor Eureka Penthouse, one of Melbourne’s most expensive apartments, was listed on the market earlier this week, according to the Herald Sun, with a staggering price guide of $22 million.

Set in what is known to be the tallest residence in the southern hemisphere, the 660 square metre property sits almost 300 metres above Southbank at 8601 Riverside Quay, with full 360 degree views of the city and beyond. The views can provide a front-row seat, from the couch, to landmarks including the Yarra River, Flinders St Station, Royal Botanic Gardens and Flemington Racecourse.

The dwelling's interior has been designed to emanate luxury, with high-end inclusions resembling a New York-style Art Deco.

The owners have reportedly spent $9 million over two years on a detailed refurbishment which involved the importation of the carved ceilings, the addition of leather-padded walls, brass door inlays, silk carpets, French oak flooring, Italian marble and a gas fireplace.


The apartment includes four bedrooms, one of which contains an east-facing master suite with his and hers walk-in robes, a private retreat area and ensuite with spa and dual showers. Across the entire floor plan there is a main living and dining zone, a library, home theatre, kitchen with butler’s pantry, lobby and barbecue and entertaining area.

RT Edgar and Sotheby’s International Realty are selling the property through a joint campaign, with prospective buyers able to respond to an expression of interest before Tuesday, December 6.

RT Edgar Associate Director Tim Wilson said to realestate.com.au that the penthouse represents “good value”, and that it would have a much higher price tag if it were for sale in another international city.

“It is probably something you won’t see on the market for many, many years to come. It’s really a one-off opportunity,” he said.

  

Images courtesy  RT Edgar.

ResidentialAustraliaArchitectureReal EstateSector
AUTHOR
Staff Writer
"TheUrbanDeveloper.com is committed to delivering the latest news, reviews, opinions and insights into the best of urban development from Australia and around the world. "
More articles by this author
ADVERTISEMENT
TOP STORIES
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Exclusive

Tapping the Bunnings ‘Halo Effect’

Taryn Paris
5 Min
Exclusive

‘Construction Not a Scale Game’: Hutchinson

Phil Bartsch
9 Min
Nation's build-to-rent project Charlie Parker in Sydney's Parramatta where more projects are being located and built outside the CBD.
Exclusive

Foreign Capital Still Dominates BtR but Things are Changing

Marisa Wikramanayake
7 Min
Exclusive

Fortis Reveals Plans for Coveted Bowen Terrace Site

Taryn Paris
4 Min
View All >
Justin Butterworth will speak on a panel at Urbanity 2025 on the Gold Coast.
Technology

Platforms Pump Up Rental Revolution: Justin Butterworth

Renee McKeown
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
Sherpa South Brisbane DA hero
Development

Sherpa Shifts Gaze from Beaches to Brisbane’s ‘Aria Territory’

Phil Bartsch
The Gold Coast-based developer has put its foot on a South Brisbane site and plans a 28-storey residential play…
LATEST
Justin Butterworth will speak on a panel at Urbanity 2025 on the Gold Coast.
Technology

Platforms Pump Up Rental Revolution: Justin Butterworth

Renee McKeown
4 Min
Molti chief Ben Teague out front of 32 Mercer Road Aramadale (rendering)
Exclusive

Buy to the Sound of Cannons: Molti’s Counter-Cyclical Move to Melbourne

Leon Della Bosca
5 Min
Sherpa South Brisbane DA hero
Development

Sherpa Shifts Gaze from Beaches to Brisbane’s ‘Aria Territory’

Phil Bartsch
3 Min
Finance

HCP: Real Projects, Real People, Real Returns

Partner Content
5 Min
View All >
ADVERTISEMENT
Article originally posted at: https://theurbandeveloper.com/articles/52186-2