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A ‘Peak Penthouse’ in Point Piper, Australia

On the market for the first time in nearly 40 years, this Sydney apartment has scenic views and sophisticated design

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Listing of the Day

Location: Sydney, Australia

Price: A$7.5 million (US$5.5 million)

Situated at the highest point of Point Piper, Australia’s most expensive suburb, Peak Penthouse overlooks Sydney’s scenic harbor and iconic Harbour Bridge. Owned by the same family since 1979, the residence hasn’t been on the market for decades.

But the residence remains in "excellent condition," said Michael Pallier, managing director of Sydney Sotheby’s International Realty. In fact, Mr. Pallier noted, "one of Australia’s leading and internationally known interior designers, Frank Grill, was commissioned to decorate the apartment on several occasions."

More:Aussie Real Estate Tycoon Unloads Sydney Apartment

Today, the residence’s interior is decidedly modern with white-walls and expansive windows throughout that offer views of Sydney’s scenic skyline from every room. Subtle design features, such as a chevron patterned wood floor, white marble countertops and eye-catching lighting fixtures, warm the contemporary home.

Considering the home’s cleanly contemporary design and striking vantage point, Mr. Pallier called the residence "a canvas upon which to fashion a luxurious lifestyle quite beyond anything else that [Sydney] has to offer."

Outside, the residence opens to a pool and two decks, granting homeowners a "grandstand position" to "one of the southern hemisphere’s truly iconic spectacles," Mr. Pallier said.  

It’s called the Peak Penthouse, Mr. Pallier said, because it is "without equal....[located] at the highest point in Australia’s most exclusive suburb, with unmatched aspects over the most celebrated harbor in the Southern Hemisphere."

More:Market Weakness Opens Opportunity in Prestigious Australian Markets

Stats

The nearly 2,000-square-foot residence has three bedrooms and two full bathrooms.

Amenities

In addition to the aforementioned pool, the residence includes a three-car garage, secure entryway, elevator access and an eat-in kitchen with modern appliances.

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Neighborhood Notes

The home is located in Point Piper, Australia’s most expensive suburb. The neighborhood is not only conveniently located near Sydney’s harbor, but also some of the city’s finest private schools, restaurants and shopping areas. The nearby Royal Sydney Golf Club offers members access to an 18-hole Championship Course, tennis courts and a fitness center, among other amenities.

Agent: Michael Pallier, Sydney Sotheby’s International Realty

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