Altair apartment sells at $1,452,500

Altair apartment sells at $1,452,500
Altair apartment sells at $1,452,500

The entrepreneurial Double Bay dental innovator David Penn and his wife, Linda, secured $1,452,500 when their Altair, Rushcutters Bay investment apartment sold last month.

Despite the Greg Natale decor styling, it was otherwise empty. 

The only thing in all the cupboards in the 8th floor apartment were some Hut and Manor soy wax candles which LJ Hooker agent Dominic Kunerman lit during his open for inspections.

It was bought in 2012 for $1,025,000 in partnership with their son Joshua who was a no-show at the laboured onsite auction in the Engelen Moore-designed complex.

The 117 sqm Walker Corp apartment first sold in 1999 at $651,000. 

This article was first published in the Saturday Daily Telegraph.

Jonathan Chancellor

Jonathan Chancellor

Jonathan Chancellor is one of our authors. Jonathan has been writing about property since the early 1980s and is editor-at-large of Property Observer.

Tags: 
Property market Residential Sales

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