Get in quick: there are only five left, they’re nearly in the same stratosphere as James Packer’s bachelor pad, and they eclipsed a Rich Lister garbo.
Hedge fund trader Toby Allen buys $16.1 million Woollahra house.The pinnacle of Sydney’s luxury apartment market has scored a new sale to rank among the most expensive of them all, bumping former garbo-turned-billionaireLendlease’s One Circular Quay tower on the CBD harbourside has notched up a flurry of off-the-plan sales in recent weeks, one of which is a sub-penthouse for $61.7 million.
It is one of five apartments to sell in the yet-to-be-built tower since mid-September, totalling $157 million worth of sales by Apex Investments agency. What was once Gold Fields House was demolished in 2017 by Chinese developer Dalian Wanda. Then a crackdown on offshore development by the Chinese government saw ownership pass to the Yugu Group of exiled billionaire and Chinese political donorThe 58-level, $3 billion building project by Lendlease in partnership with Mitsubishi Estate Asia has six sub-penthouses, so there’s more to go around, and a three-level penthouse that is expected to sell for more than $140 million.
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