Deicorp's Marquet &amp; Mary, the prolific developer's first apartment development in <a href="/developments/rhodes-nsw-2138">Rhodes</a>, has got off to a flying start.

They've just secured a record two-bedroom apartment sale for the suburb, with an 87 sqm apartment on the 30-th level of the 32-level tower selling for $1.72 million.

The price was driven both by the track record that Deicorp is bringing to Rhodes, and the sweeping views the apartment will offer.

[smartcode_project:default project_id=141515 project_image_fid=287870]

Interest in the project has been high since the unveiling of its display suite at suite 803/5 Rider Boulevard, Rhodes, less than 300 metres from the site of the development at 1-9 Marquet Street.

<a href="/new-apartments/marquet-mary-rhodes-1-9-marquet-street-rhodes-nsw-2138">Marquet &amp; Mary</a> offers a total of 212 apartments in a building designed by popular architect&nbsp;<a href="/architects/fk-australia">Fender Katsalidis</a>&nbsp;who were appointed after winning a design excellence competition last year.

[smartcode_project:default project_id=141515 project_image_fid=287857]

The tower's apartments range from one to three bedrooms, with views either towards the Sydney skyline to the east or the Blue Mountains to the west.&nbsp;

The apartments will sit above a four-level podium that will include commercial and retail space.&nbsp;Residents will also have access to a rooftop terrace and garden, as well as another courtyard garden.

[smartcode_project:default project_id=141515 project_image_fid=287863]

<a href="/developers/deicorp">Deicorp</a>&nbsp;has had overwhelming success at the first stage of its <a href="/news/nsw/melrose-central-apartments-fly-off-the-shelves-at-weekend-launch">other recently launched apartment development</a>, Melrose Central.

CBRE took 50 contracts over the first weekend of its launch.&nbsp;<a href="/new-apartments/melrose-central-melrose-park-33-hope-street-melrose-park-nsw-2114">Melrose Central</a>&nbsp;will deliver a new community in the heart of the new Melrose Park Town Centre, on the edge of the Parramatta River. It will comprise around 500 apartments set above 30,000 sqm of retail and commercial space.

[smartcode_project_cta:default project_id=141515]

Marquet & Mary offers a total of 212 apartments in a building designed by popular architect Fender Katsalidis

Joel Robinson

Deicorp set new Rhodes apartment record with Marquet & Mary sale

Design-led developer Orchard Piper’s latest mixed-use, super-premium offering in Melbourne’s most affluent enclave, Toorak Village, has solidified its status as the city’s most exclusive address - achieving the sales of both sub-penthouses for record rates.

The level four residences located at the corner of Mathoura Road and Toorak Road, Toorak, each sold for north of $11.5 million, exceeding $38,000 per square metre.

These sales mark the project as over 70 per cent sold and bring the building’s average sales price per apartment to $8 million, with an average per square metre rate exceeding $32,000 – the highest of any building ever in <a href="/new-apartments/melbourne-vic">Melbourne</a>, according to Chris Pulvirenti, Director of Savills Melbourne.&nbsp;

<a href="/developers/orchard-piper">Orchard Piper</a>&nbsp;Director Luke McKie says the recent sales, combined with the overall strong reception to the project, have been encouraging in what is a two-speed market.&nbsp;

[smartcode_project:default project_id=134093 project_image_fid=275649]

“The market has responded with confidence to this extremely rare opportunity within the Village as it goes about a period of significant renewal and transformation," McKie says.

"These sales demonstrate the deep local demand for high-quality, tasteful architectural development. It marks the reception of a new &nbsp;design standard for Melbourne – a theme we continuously aim to exceed across our portfolio.”&nbsp;

Read more:&nbsp;<a href="/news/vic/creating-luxury-apartments-in-luxury-suburbs-five-minutes-with-orchard-pipers-luke-mckie">Creating luxury apartments in luxury suburbs: Five minutes with Orchard Piper's Luke McKie</a>

With the project designed by internationally renowned <a href="/architects/kerry-hill-architects">Kerry Hill Architects</a>, the two sub-penthouses boast impressive house-like proportions - each around 330 sqm in size and with three bedrooms, three bathrooms, multiple living zones and three car spaces.&nbsp;

The sub-penthouse sales further complement the earlier sale of the project’s 400 sqm penthouse, &nbsp;which was achieved last year for $12.5 million.

[smartcode_project:default project_id=134093 project_image_fid=275654]

Orchard Piper Director, Rick Gronow, says all three residences - the penthouse and sub-penthouses &nbsp;- were sold to existing Toorak locals through the developer’s own networks. &nbsp;

“They are all downsizers—Toorak residents not wanting to leave the community they know, but wanting a step up in quality, amenity and an increase in security at a more manageable scale,” said Gronow.&nbsp;

“They also recognise the change happening in Toorak Village, as new retail, restaurants and &nbsp;occupants continue to fill the old spaces of the Village - reinvigorating it and bringing new energy.” &nbsp;

[smartcode_project:default project_id=134093 project_image_fid=275651]

Fronting 109 Mathoura Road, the residential building encompasses nine spacious apartments, each with a minimum of three bedrooms and three on-grade, side-by-side car spaces. Offering a level of privacy for residents not typically provided, each residence comes with its own private lobby, with a maximum of two properties per floor. &nbsp;

The project will also have three floors of premium offices, with a covered retail colonnade activating the street level. Four of the five full-floor and half-floor premium-grade strata office stock, ranging from 210 sqm to 930 sqm, have been sold, achieving an average sales rate exceeding $18,500 per square metre.&nbsp;

[smartcode_project:default project_id=134093 project_image_fid=275648] 
&nbsp; 
<a href="/new-apartments/toorak-village-toorak-109-mathoura-road-toorak">Toorak Village</a> marks the first of three exclusive projects in the Orchard Piper and Kerry Hill Architects alignment, which will see KHA’s designs brought to Melbourne for the first time. This includes a $400 &nbsp;million super-premium mixed-use project located at the previous, well-known Mercedes Benz Toorak site at 7–11A and 17–19 Carters Avenue, as well as a $300 million, 17-storey 5-star hotel and developer-branded residences situated at the heart of Melbourne's sporting, entertainment and arts precinct, at 448 St Kilda Road.&nbsp;

Construction for Orchard Piper’s Toorak Village project is well underway, and due for completion in the second half of 2025. Orchard Piper’s Albert Street Melbourne project is due for completion in early 2025 as well.&nbsp;

[smartcode_project_cta:default project_id=134093]

Orchard Piper Director, Rick Gronow, says the penthouse and sub-penthouses were sold to existing Toorak locals through the developer’s own networks

Staff Writer

Orchard Piper achieves record sales rates at Toorak Village

The price per square metre record has been broken in Bondi Beach, where a penthouse on the dress circle Campbell Parade beachfront has fetched over $100,000 per sqm.

The penthouse atop Hall &amp; Campbell at 124-126 Campbell Parade, developed by Allen Linz's Rebel Property and Eduard Litver's Capitel Group and under construction by Trescon, sold for $23 million, representing a price per sqm of $105,000.

<img alt="Hall &amp; Campbell set new price record in Bondi Beach - interior" data-entity-type="file" data-entity-uuid="e9be3065-a032-4ddc-aa5d-7c35c9500a2a" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hall%20%26%20Campbell%20interior.jpg?VersionId=Z2RSXgcGcWPBf_ZmB7_L_0pavloyp6aV" />

The penthouse, designed by architect <a href="/interior-designers/scott-carver">Scott Carver</a>, features five bedrooms, five bathrooms, and multiple living areas and balconies with views of <a href="/new-townhouses/bondi-beach-nsw-2026">Bondi Beach</a>.&nbsp;

Located behind the historic Bates Milk Bar façade, the penthouse sits at a prominent corner along Campbell Parade, just metres from the beach.

<img alt="Hall &amp; Campbell set new price record in Bondi Beach - balcony" data-entity-type="file" data-entity-uuid="623f62dd-d76b-45ba-9c89-9fa575d26044" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Hall%20%26%20Campbell%20balcony.jpg?VersionId=0Czsdi7oTyM8YjHuPc5vH.Db1ad9Pn6D" />

The penthouse is expected to cost an additional $3 million for fit-out. The penthouse was sold to a "high-flying financier", The Australian reported.

The Hall &amp; Campbell development comprises just seven new apartments with ground-floor retail spaces on the corner of Campbell Parade and Hall Street.

Rebel has another boutique development on the beachfront strip, just six apartments above retail at 14-18 Campbell Parade.

The Hall & Campbell development includes new residences and penthouses with ground-floor retail spaces, all overlooking Bondi Beach

mikah.m@urban.com.au

Hall & Campbell sets new apartment record in Bondi Beach

Luxury developer&nbsp;Central Element has broken all of Coogee's real estate records with the sale of the penthouse at their heritage restoration project, Ballamac House.

The three-bedroom penthouse sold for $20 million, the highest price paid for anything in Coogee.

The 241 sqm penthouse sold for just under $83,000 per sqm internally, and close to $90,000 per sqm when incorporating the 77 sqm of external space.

&nbsp;

The sale trumps the previous suburb record which was $13.1m for a four-bedroom house located on Wolseley Road, just a short distance from Wylie’s Baths ocean pool with views across Coogee beach to Wedding Cake Island.

The record for an apartment was previously held by the recent sale of $8.8m for a 286 sqm four-bedroom penthouse on Carr Street, with panoramic north-facing views across Coogee Beach to <a href="/new-apartments/clovelly-nsw-2031">Clovelly</a>, by former NSW premier Bob Carr.

It also beats the record in neighbouring South Coogee, which is $18.5m for the three-level five-bedroom clifftop residence at 1A Seaside Parade that was achieved earlier this year. Before that, the $16.85m for the Bunya Parade ‘Coogee Castle’ held the record, which was purchased by Fred Schebesta, the co-founder and CEO of the comparison website, Finder, in 2021.

CE’s <a href="/new-apartments/ballamac-house-39-arcadia-street-coogee">Ballamac House</a> has a long and colourful history – established by Charles Moore in 1860, the coveted estate has lived many lives over the years, as a private residence, hotel and infirmary, with many prominent figures passing through its doors.

CE will transform the site into eight prestigious three-bedroom oceanfront residences across two buildings.

The heritage Victorian house itself will undergo a meticulous restoration to reinstate it to its original grandeur as it is converted into two exquisite residences, with the further six dwellings sitting in a new building to the east with awe-inspiring ocean views. The project will launch to market later in the year.

The $20 million sale was to a local owner-occupier who fell in love with the history of the site and the uninterrupted views out to Wedding Cake Island that will be enjoyed from the building's elevated position on Coogee’s north headland.

Cameron Porter, Head of Sales at <a href="/developers/central-element">Central Element</a>, says Coogee is growing as a sought-after destination.

“We’re seeing a lot more buyers in that ultra-luxury downsizer market who would have traditionally been looking in Bondi and Bronte now turn to Coogee, with the suburbs elevated lifestyle offering," Porter says.

"The flurry of hot new restaurants Coogee’s seen appear in recent years, such as Yana and Louie, and of course Coogee Pavillion’s mimi’s, means locals have world-class dining as well as everything else the idyllic coastal suburb has to offer right on their doorstep."

Porter says they knew there was demand for premium apartments in the area following their success of their&nbsp;award-winning Anden Coogee project around the corner.

"With Ballamac House’s enviable location on Coogee’s north headland just up the road from mimi’s, combined with the quality of product that buyers know Central Element can deliver, we’re expecting this project to be snapped up as it launches to market later this year.”

[smartcode_project_cta:default project_id=141700]

Cameron Porter, Head of Sales at Central Element, says Coogee is growing as a sought-after destination

Central Element smash Coogee apartment record with $20 million Ballamac House penthouse sale

Brisbane's price per square metre record has been broken at the two-level penthouse atop Kangaroo Point's newest luxury apartment development, Sorano House.

The $14 million sale, to a local, represents an internal price per sqm of over $45,000, bettering the former record at&nbsp;<a href="/new-apartments/moray-house-65-moray-street-new-farm">Moray House</a>&nbsp;by&nbsp;<a href="/developers/spyre-group">Spyre Group</a>&nbsp;in <a href="/new-apartments/new-farm-qld-4005">New Farm</a>, which set the record at $35,000 per sqm late last year.

The two-level penthouse, with 311 sqm of internal living space, a 39 sqm balcony and a 333 sqm rooftop, is one of just seven apartments in the Hamilton Street development by&nbsp;<a href="/developers/trezetto-developments">Trezetto Development</a>.

<img alt="Sorana House" data-entity-type="file" data-entity-uuid="db8ce2d3-d295-443d-aed0-c6c23915d33b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-10%20at%202.04.36%20pm.png?VersionId=5LtUU6wja5zAqqHBFqkw.S8PneJY.6t7" />

Boasting 180-degree views of the Brisbane River and city skyline, the penthouse features four bedrooms, 5.5 bathrooms, multiple living areas, four-car accommodations and boasts approximately 70 metres of lineal frontage over two levels.

The penthouse’s private rooftop terrace occupies the top floor of the development and homes a private pool, spa, sauna, outdoor dining and firepit.&nbsp;

<img alt="Sorano House" data-entity-type="file" data-entity-uuid="18545e81-92bb-4745-ac4a-38f4265d64fd" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Screen%20Shot%202024-04-10%20at%202.04.40%20pm.png?VersionId=crbTdKNK1339akHFdYwmthIr2ytcAuvi" />

Other features include a grand 5.5-metre kitchen island bench, a suite of Wolf, Sub Zero, and V-Zug appliances, and a travertine-clad lift lobby.&nbsp;

Trezetto Developments Managing Director, Sam Sgroi, said the unprecedented sale represented a “new age” of Brisbane’s luxury property market.&nbsp;

“The sale of the Sorano House Penthouse is a testament to the maturity of the prestige market in Brisbane and the value buyers are seeing in A-Grade locations which will never be repeated,"&nbsp;Sgroi says.

[smartcode_project:default project_id=6206 project_image_fid=231551]

<a href="/project-marketer/ypm-group">YPM Group</a>’s Project Sales Director, Phillip Rand - who sold the penthouse - said the purchaser had been looking to secure something unique, private and irreplaceable along the riverfront and had been searching for almost two years for the right property.&nbsp;

“The <a href="/new-apartments/sorano-house-kangaroo-point-12-hamilton-street-kangaroo-point">Sorano House</a>&nbsp;penthouse sale sets a new benchmark for new development in Brisbane,” Rand said.

“This record internal sales rate has not been seen before in the <a href="/new-apartments/brisbane-qld">Brisbane</a> market and is the kind of value akin to some of Sydney's premier and established waterfront suburbs.&nbsp;

"This sale will pave the way as a new benchmark for Brisbane's ultra-luxury market.”&nbsp;

[smartcode_project:default project_id=6206 project_image_fid=227100]

Sorano House occupies one of the last remaining riverfront addresses in the coveted and tightly held <a href="/developments/kangaroo-point-qld-4169">Kangaroo Point</a> peninsula.

The project officially went to market in October 2023 with great success, announcing four of the six whole-floor residences had sold, with an average price of $8.6 million, in the first 10 weeks of the campaign.

YPM Group Director, Bryce O’Connor said the successful sales campaign and record penthouse sale at Sorano House demonstrates that a shortage of quality product in premium locations will continue to drive Brisbane’s luxury market - and that construction security continues to be of utmost importance to purchasers.”&nbsp;

“We are excited to see Kangaroo Point progress as one of Brisbane’s most premium residential suburbs, setting record-breaking results usually reserved for projects in New Farm or <a href="/new-apartments/teneriffe-qld-4005">Teneriffe</a>," O'Connor said.

&nbsp;

Construction is well underway on site at Sorano House, with expected completion in early 2025. Sorano House is now 70% sold, with just two apartments remaining from $7.75 million.

[smartcode_project_cta:default project_id=6206]

Construction is well underway on site at Sorano House, with expected completion in early 2025

Sorano House, Kangaroo Point penthouse breaks Brisbane record

A record-breaking sale in Queenstown has seen the two top floors of Lakeview Te Taumata’s Roto Collection sell for over $33 million.

In a major milestone since releasing the Roto Collection, the transaction sees the penthouse on level 12 alongside complementary sub-penthouse apartments on level 11, all purchased by one buyer.

<img alt="94 Feet's $33 Million Penthouse Sale - Living" data-entity-type="file" data-entity-uuid="bb15b9f6-1a1a-4a37-9f36-3a59fd72449b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/GabrielSaunders_Lakeview_22_Building8B_Unit1301.jpg?VersionId=f5Y1vidAYZZi_RinFPa_MLPoaCC7y4EH" />

Exclusive agents New Zealand Sotheby’s International Realty say this unique purchase heralds a strong sign of demand generated by Lakeview Te Taumata.

“In a region where price tags for some of the most opulent luxury homes reach the $20 - $25 million mark, this sale sets a new benchmark for the apartment market in Queenstown,” says Myles Green, Projects and Development Manager.

“While buyers within this price range have traditionally gone for residences set within lifestyle acreage, there is a clear demand for the unmatched potential of amenity and location that Lakeview Te Taumata offers.”

Selling agent Dave Fea says the purchaser, who resides between North America and Queenstown, had been waiting for an opportunity like this for some time.

“Of particular appeal was the exceptional quality of architecture, the central location and world-class views the project provides, along with the vast array of amenities on hand," Fea said.

<img alt="94 Feet's $33 Million Penthouse Sale - Kitchen" data-entity-type="file" data-entity-uuid="845f6911-0d6b-400a-a40c-7c90f17321f6" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/GabrielSaunders_Lakeview_15_Building-8B_U1201_DiningWithView%20-%20P.jpg?VersionId=HtyYW1mqXqr0G2SBiVO3KsmxQwaJQxAd" />

By securing both the penthouse and the floor below the purchaser has obtained an incredible expansive sanctuary in the heart of Queenstown.

The pinnacle of luxury, the penthouse alone offers panoramic mountain, city and lake views, with 475 square metres of living space including a generous 37 square metre balcony. The five bedrooms and 5.5 bathrooms are complemented by a private wine cellar, gym/wellness centre and the option of a sauna.

Buyer demand has been strong for the world-class Lakeview Te Taumata development, with almost $100 million in sales in the first stage of the $2+ billion master-planned precinct set to transform the cityscape of Queenstown.

<img alt="94 Feet's $33 Million Penthouse Sale - Bathroom" data-entity-type="file" data-entity-uuid="34f5f215-ef7a-4b8f-9b3e-0d8e92885271" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/GabrielSaunders_Lakeview_33_Level12_Bathroom.jpg?VersionId=WE4jXSofoNd6s1Ds.sVhZxxx1DPFMn97" />

Lakeview Te Taumata is being undertaken in a joint venture between ASX-listed Centuria Capital and <a href="/developments/melbourne-vic">Melbourne</a>-based 94 Feet, to be delivered in multiple stages over the next decade.

When completed, it will comprise an extensive range of luxurious residences, four hotels, including a premier six-star offering and a lifestyle and wellness hotel, as well as ground-floor retail, restaurants, bars, an art gallery, a public plaza and a hot-pools attraction.

Construction for the Roto Collection is set to start in late 2024.

Top two floors of Queenstown’s Lakeview Te Taumata apartments sell for $33 million

Melbourne developer 94 Feet secures $33 million Queenstown's record apartment sale

A local downsizing couple has spent a record $13 million on the penthouse in Podia's new Neutral Bay apartment development, Wirra.

The size of the apartment, at 200 sqm, and the location of&nbsp;<a href="/new-apartments/wirra-neutral-bay">Wirra</a>, on Ben Boyd Road next to <a href="/developments/neutral-bay-nsw-2089">Neutral Bay</a> Village, were the two contributing factors for the couple.

The apartment has three bedrooms, four bathrooms, and parking for three cars. The buyer hadn't initially been searching in Neutral Bay.

[smartcode_project:default project_id=112750 project_image_fid=232634]

All the penthouse levels have now been snapped up, with 30 per cent of the 20 apartments already sold.

The sale was facilitated by Michelle Dong from Australian Property Group in partnership with Atlas. Dong said the sale underscored the growing demand for high-end living spaces with iconic panoramic city and harbour views in the suburb.&nbsp;

“This sale firmly positions Wirra, Neutral Bay alongside similarly luxurious projects in Sydney’s CBD and Eastern Suburbs,” Dong says.

[smartcode_project:default project_id=112750 project_image_fid=232640]

Wirra joins Podia’s portfolio of growing projects including the new luxury hotel-apartment development <a href="/new-apartments/the-bonobo-by-raes-byron-bay">The Bonobo by Raes</a>&nbsp;in <a href="/new-apartments/byron-bay-nsw-2481">Byron Bay</a>, in partnership with hotel and hospitality brand, Raes. The project sits&nbsp;opposite Merivale’s hospitality redevelopment of the former Cheeky Monkey’s.

The Bonobo by Raes, under construction and 75 per cent sold, comprises 41 two, three and four-bedroom hotel apartments which are due for completion in the next 12 months.&nbsp;

Podia has also recently purchased a 16,000 sqm mixed-use site in Salt Village, <a href="/new-apartments/kingscliff-nsw-2487">Kingscliff</a> that they are redeveloping into a community-focused precinct which will offer a diverse variety of housing and accommodation options.&nbsp;

[smartcode_project:default project_id=112750 project_image_fid=232669]

Wirra Neutral Bay, a collaboration between Podia and Centennial, has been designed by&nbsp;<a href="/builders/mhn-design-union">MHNDU</a> with interiors by <a href="/interior-designers/richards-stanisich">Richards Stanisich</a>.&nbsp;

Ultra Building Co will build Wirra, which is slated for completion in late 2025.

[smartcode_project_cta:default project_id=112750]

$13 million Wirra penthouse sets Neutral Bay off the plan apartment record

Melbourne-based lifestyle developer PB&amp;Co. has secured a new off the plan sales record for a three-bedroom apartment in Toorak at its Clendon Residences development on Clendon Road.

The apartment, in the boutique block of five at 79 Clendon Road, fetched&nbsp;$31,591 per square metre. &nbsp;

PB&amp;Co. launched the project earlier this year on the street which has&nbsp;high-profile neighbours including Allen Myer, Paul Little, and David Smorgan.&nbsp;

The recent sale for $6.95 million to a local from Hawthorn purchasing a second home broke the previous price per square metre record of $29,101 for a three-bedroom apartment, with the buyer keen for an opportunity to invest in a residence in a street where prime real estate almost never comes to market. &nbsp;

<img alt="Clendon Master bedroom" data-entity-type="file" data-entity-uuid="d502a0c0-c9ce-472a-b741-806c5d85a6e4" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/FON_79%20Clendon_Final%20Render_Masterbed.jpg?VersionId=oCPyX8wun1lYzg65iv21t3dNItdU.HDC" />

Clendon Road is renowned as one of Toorak’s top four street addresses alongside Albany Road, Irving Road and St Georges Road, where a new house price record was recently set for Melbourne by Crypto casino co-founder Ed Craven, who paid $80 million for a dilapidated mansion in August last year.&nbsp;

With architecture by renowned New York-based Gregory Tuck, Clendon Residences has been crafted to respectfully contribute to the classic Georgian architecture that is prominent throughout the Clendon Road enclave, where some of the existing homes are said to be worth up to $100m. &nbsp;

Each residence is a testament to opulence and refinement – from hand-selected marble stone, oak timber floors, and the state-of-the-art Gaggenau appliances to the lush Christian Jenkins-designed landscaping that envelops the development, the meticulous attention to detail at the Clendon Residences epitomises luxury living, offering a unique blend of opulence and contemporary design.&nbsp;

<img alt="Clendon Kitchen" data-entity-type="file" data-entity-uuid="60885dd9-4f32-49d2-b114-8ba30e16e058" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/FON_79%20Clendon_Final%20Render_Kitchen_Option%2002.jpg?VersionId=Ve1zMUTht4lDNXXzIOidgcZDhw9WkAXh" />

PB&amp;Co. President Michael Pesochinsky said the recent off the plan sale further solidifies Clendon Road's status as a prime location for luxury real estate.&nbsp;

“Clendon Road is the pinnacle in luxury living, and our development at this coveted location provides astute buyers a unique and incredibly rare opportunity to reside amongst some of &nbsp;Australia’s wealthiest neighbours,"&nbsp;Pesochinsky says.

“Clendon Road is lined with multi-million-dollar mansions that nearly never come to market; Clendon Residences is an incredibly rare opportunity to acquire a Clendon Road address and the only apartment offering in this prestigious street. &nbsp;

“Its no surprise that buyers are seeing the value in our bespoke residences concept which strives to challenge the confines of traditional real estate and open the doors to a new way of living. &nbsp;

“Our homes offer residents unrivalled lifestyle experiences, underpinned by timeless aesthetics and international influences to create something truly extraordinary for &nbsp;Melbourne’s discerning elite.&nbsp;

“With our highly acclaimed design partners, we have created a new benchmark for luxurious living. The Clendon Residences offer the only apartment concept of its kind at such an exclusive address and so it’s no surprise there is keen appetite for the prospect to invest in &nbsp;the sought-after location with the bespoke residence concept being such a unique &nbsp;opportunity.”&nbsp;

The remaining Clendon Residences are priced from $6 million and are set to reach completion in early 2025. &nbsp;

PB&Co. President Michael Pesochinsky said the recent off the plan sale further solidifies Clendon Road's status as a prime location for luxury real estate

PB&Co secure price per square metre record for three-bed apartment on one of Toorak's best streets

<a href="/developers/time-place">Time &amp; Place</a> has broken the off the plan apartment record for Boroondara three times at its luxury <a href="/developments/camberwell-vic-3124">Camberwell apartment development</a>, <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">Victoria Hill</a>.

The three penthouses sold for a combined $30 million. One of the penthouses was bought by&nbsp;Vin Sammartino, the director at business development at Hacer Group who are the appointed builders of <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">the Victoria Road project</a>.

The&nbsp;Boroondara record had been around $6.5 million, secured in Kew for the penthouse atop Rondure House.

There are 25 apartments in <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">Victoria Hill</a>, located on one of Camberwell's highest points at <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">166 Victoria Road</a>. The project has been designed by&nbsp;Cera Stribley and has interiors curated by interior design studio Hecker Guthrie.

There are two and three-bedroom apartments on offer, starting from 130 sqm and priced just under $2 million.

The amenities at <a href="/new-apartments/victoria-hill-camberwell-166-victoria-road-camberwell">Victoria Hill</a> include a boardroom, gym, digital concierge, private lock up garages, bike storage, parcel delivery and dog wash facilities.

[smartcode_project:default project_id=138722 project_image_fid=290200]

Time &amp; Place Sales Director James Herbert believes the recent record sales of Victoria Hill underpin the unique nature of the offering, coupled with the suburb's reputation as one of Melbourne's most in demand pockets.

"Until now, however, there hasn't been a collection of residences offered to the market that con match the premium lifestyle experience that the downsizer market of this particular locale expects," Herbert says.

"We have worked hard with Victoria Hill to create residences that are uncompromising in their dedication to size, quality, and materiality, that capture the essence of Camberwell through the uninterrupted city and leafy-green views."

Herbert says&nbsp;Camberwell is arguably the most premier and coveted suburb within Boroondara.

"You only have to look to the exceptional private schools, stately mansions and 150-year-old tree-lined boulevards to see its appeal.&nbsp;

"Our buyers have expressed that they have been waiting patiently for the right opportunity to present itself that encapsulates their lifestyle needs; our purchasers have resonated with the grand proportions of the residences, the life-aligned amenity offerings and digital concierge, alongside the added security of the lockable garages and private lift-access entry."

When&nbsp;conceptualising Victoria Hill, Herbert says the team sought to address the gap in the luxury residential market for those Boroondara locals wanting to downsize and stay within the community they've spent so much of their lives shaping.

"The elevated nature of the site together with the falling topography to the west allows for unprecedented views of the city which has enabled us to offer a buliding comprising primarily of family sized high quality residences.

"The topping out of Victoria Hill, held last month, provides certainty in the project. With an extensive list of potential buyers attending, it's clear that there is increasing demand for developments of this calibre within the downsizer and right-sizer market. Now that we have reached this milestone, we can confirm August 2024 as the date that the first purchases can move in.

"It's for all of these reasons and more that we've been able to achieve these record prices, purely because the value of the offering is unparalleled."

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Time &amp; Place Founder and Director Tim Price, a longtime local in&nbsp;Boroondara, says he has witnessed first-hand the absence of developments that compare to the lifestyle that a traditional Camberwell family home affords.

"Residents in Baroondara are hesitant to leave the neighbourhood that holds so many memories for their family, but the reality is the large format homes and gardens become more time intensive to look after and maintain as they become empty nesters.

"Victoria Hill was crafted with these residents in mind, offering all the benefits of a significant family home, with large format terraces, breathtaking views, impeccable architectural and interior design quality and of course, privacy.

"Our aim is to create an address that will stand the test of time not only for Camberwell but across Melbourne's east and south east as a beacon of exceptional living."

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Cera Stribley Co-founder and Managing Principal Dom Cerantonio says the&nbsp;residences are designed with longevity in mind, inviting high-end personalisation of the classic architectural form to allow each dwelling to reflect the lives and legacy of its occupiers.&nbsp;

"We wanted to create a multi-residential typology that would give residents a living experience that feels more akin to a stand-alone dwelling than that of traditional apartments.

"The offering is truly unique, with contemporary designed spaces responsive to the target market. The resident amenities are thoughtfully curated to enhance the experience of home, while the luxurious apartments evoke a sense of connected tranquility, where residents can entertain or retreat at their leisure."

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Time & Place Sales Director James Herbert believes the recent record sales of Victoria Hill underpin the unique nature of the offering

Time & Place breaks apartment records at Victoria Hill in Camberwell

Haitchin Group have broken the Hills District apartment record at their Norwest Infinity Park development.&nbsp;

They've sold a four-bedroom, sub-penthouse on level 22 in one of the two towers for $3.7 million. It topped the former record, believed to be $3.4 million.

The north-facing apartment spans 199 sqm of internal living space and a further 124 sqm of balconies. It has four bedrooms, three bathrooms, and three car spaces.

PRD Norwest Director David Inkster said the sale reflected the strong demand for premium, generous-sized apartments as well as the distinct lack of supply for luxury apartments in the area.

“A degree of fear of missing out or FOMO is setting in in the Norwest as local downsizers, looking for lifestyle and sophisticated amenities are eager to secure their next home, as there’s only a small amount of supply coming online in future years,” Inkster says.

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A recent market report for July prepared by My Housing Market Chief Economist and property commentator, Dr Andrew Wilson found Norwest was the best performing market in Sydney’s Hills District and one of the best performing markets in the city, seeing a 9.5 per cent uplift in property prices since the start of the year.&nbsp;

“The Sydney housing market has maintained its strong revival through the first half of 2023 with the north west reporting the strongest regional price growth over the past year,” Wilson said.

“With Sydney home values still just below the peak results recorded over March last year, buyers will continue to take advantage of the value opportunities that remain in the local market – particularly in high demand areas to the north west of the city.”&nbsp;

Overlooking the Castle Hill Country Club, Infinity Park will comprise 287 apartments across three residential buildings. The project consists of a 25-storey tower, Marque, along with two five-storey low rise buildings, marketed as Alpha and Omega, comprising the most premium two and three bedroom apartments in the precinct.

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A seven-storey commercial tower, Infinity Commercial, is situated opposite the residential buildings and comprises 95 strata commercial suites including a 193 sqm rooftop fine-dining restaurant by acclaimed hatted chef, Joshua Mason.&nbsp;

“Infinity Park is certainly one of the most premium mixed-use communities in Norwest. The project has received strong interest already with local downsizers who want to stay in the area,” Mason said.

The buildings are centred around&nbsp;a resort-inspired, tropical lagoon-style swimming pool, the largest in Norwest.

Haitchin Group’s General Manager, Robert Tasevski, said one of Infinity Park’s greatest selling points is the enviable lifestyle it will offer, positioned within walking distance to the picturesque Castle Hill Country Club, with meticulously designed, generously-sized apartments and balconies, designed with downsizers in mind and those looking for more space than the average apartment in Sydney.

“The larger style two and three bedroom apartments will cater to local downsizers looking for a stunning new home, close to all amenities including the Castle Hill Country Club as well as the Norwest Metro station, Norwest Shopping Centre and local schools,"&nbsp;Tasevski said.

The residential component of Infinity Park is due for completion in mid-2025, with the commercial building completing earlier in April 2024.

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PRD Norwest Director David Inkster said the sale reflected the strong demand for premium, generous-sized apartments as well as the distinct lack of supply for luxury apartments in the area

Record Sale

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