All the penthouses sell in Gurner South Melbourne project
Jonathan ChancellorDecember 7, 2020
Melbourne developer Tim Gurner secured strong sales in his pre-launch of his South Melbourne project.
Architects Elenberg Fraser, interior designer David Hicks and landscaper Jack Merlo have collaborated on the nine-level building of 71 apartments set 200 metres from Albert Park Lake.
The 74 Eastern Road, South Melbourne pricing was set at $435,000 to $3.95 million through 360 Property Group.
All six penthouses were first to go bought by five buyers, with Gurner banking a total of $10.75 million.
One buyer bought two penthouses, outlaying $3.5 million to amalgamate the pair.
Gurner invested $1 million on the display suite.
Jonathan Chancellor
Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.