Sydney Penthouse sold for $140 Million, Sydney
The sale of multiple floors at the top of Renzo Piano-designed development in Sydney has broken the real estate records in the country. The building became the most expensive residence sold in the history of the country. A local buyer bought the three-floor in an off-market deal for more than A$140 million. The exact price could not be confirmed, and the identity of the buyer has also not been revealed.
The sale consists of a single-floor penthouse in addition to a duplex penthouse in the tallest tower in the One Sydney Harbour project, which is still under construction. The building will be completed by 2023. The One Sydney Harbour project is a collection of three luxury residential buildings in the Barangaroo area of Sydney, which is situated on the northwestern shore of the city. The buildings are designed by world renowned architect who has been bestowed by Pritzker Price.