Luxury Buckhurst Point Piper harbourfront block sells out
All luxury apartments in the recently completed Buckhurst block in Point Piper have now been sold.
The ELK development group secured $68 million in sales of the six harbourfront Buckhurst Avenue apartments. The whole-floor units were designed by architect Alex Popov, with interiors by Ruth Levine Designs, following two years of construction. There was a choice of two colour palettes.
The Seven Shillings Beach holding cost $40 million in 2007 when it was bought from Western Australian mining family the Wrights.
The apartments have about 390 square metres of internal space, with an additional 30 square metres of wintergarden balcony terrace (with gas barbecues), which come with fully retractable glass doors. They have four bedrooms and four bathrooms, with the fourth bedroom designed as a home office. The main suites have harbour views. Some come with same-floor parking spaces for four cars.
The shared gardens at the water's edge come with cabana, gym, sauna and barbecue area. They sold through Ken Jacobs of Christie's International and Bill Malouf of LJ Hooker Double Bay, who begun the marketing with hopes of $35,000 per square metre for the units.
Buyers included architect Harold Finger and Graeme Kirk, from the Kirk Group printing company. The final apartment to sell was the garden apartment, which sold at an undisclosed $11 million plus.
