Rizna Mutmainah
Real Estate

Luxury penthouse could set records with eye-watering price tag

A new luxury penthouse could set a record as Melbourne’s most expensive apartment with its eye-watering price tag.

The apartment is set atop the Sapphire by the Gardens tower that’s located on La Trobe St in the Melbourne CBD.

While it’s still under construction, the 1200 sqm residence has a stunning asking price of $39 million, which could still break records in just weeks.

The penthouse can also be customised according to the buyer’s desires once it is officially sold.

The penthouse is under offer and the agent in charge, Nancy Monitto, has remained tight-lipped on who the buyer is, although she said they were locals.

“We’re keeping our cards close to our chest,” she told 7News.

Renders have shared their vision of what the penthouse could look like with sky-high ceilings, a curved marble staircase and a huge open plan bathroom adjoining the master bedroom.

There are a few two and three-bedroom apartments that are still for sale in the first tower with a starting price of around $1.2 million.

The second tower will house a five-star Shangri-La hotel, and the two buildings will be connected through a sky-bridge, which has the hotel bar in it.

The highlight of the skybridge will be the see-through floors supported by four layers of glass which reveal a heart-stopping 100-metre drop.

95 per cent of the 325 apartments below the penthouse have already been sold.

Images: 7News

Tags:
Property, Real Estate, Penthouse, Melbourne