Family snaps up five 79th floor apartments in Australia 108
Off the plan sales are underway in Australia 108, the 100 storey residential highrise at 70 Southbank Boulevard in Melbourne.
There has already been one family buying five apartments with intentions of combining them, on the 79th level costing over $9 million through Andrew Leoncelli, Melbourne director of the selling agents, CBRE.
It was not an entire floor, as Property Observer gleans the 79th floor has eight apartments.
The big launch is February 14.
The tower was originally designed to be 388 metres high but has been scaled back due to concerns over civil aviation flight controls.
It has also been changed from a hotel plus apartments to apartments only.
The tower is being developed by Singaporean company World Class Land, a subsidiary of Aspial Corporation headed by billionaire businessman Koh Wee Seng.
Completion is scheduled for early 2019.
Australia 108 will have one-bedroom apartments (42-50 square metres) from $517,500.
One bedroom plus study apartments (57 square metres) will be price from $630,500; and two bedroom apartments (58-72 square metres) from $642,500 all on the first 67 levels, called "Sky Rise".
The levels above will be the "Cloud Rise" section, with three-bedrooms (120-151 square metres) from $1.64 million and three bedroom, three bathroom penthouses (172-211 square metres) from $3,014,700.