Grand penthouse in Richmond's Jaques development has sold

Grand penthouse in Richmond's Jaques development has sold
Grand penthouse in Richmond's Jaques development has sold

The grand penthouse in Richmond's Jaques development has sold for $4.8 million to a Glen Iris couple.

The suburb's previous apartment price record was $3 million.

Grand penthouse in Richmond's Jaques development has sold

Kristine Lee from Developer Riverlee Group said the development has proved to be a hit with the downsizer market seeking large apartments, resulting in over 20 buyers combining apartments to create more spacious residences.

Grand penthouse in Richmond's Jaques development has sold

The $290 million Jaques precinct features 377 apartments and townhouses across five buildings on the former Jaques Bros Foundry site.

Grand penthouse in Richmond's Jaques development has sold

The south-western entrance to the site features factory’s original red brick tower with original drawings and blueprints for the manufacturing of the rock crushing machinery shown across three of the buildings.

Grand penthouse in Richmond's Jaques development has sold

Tags: 
Richmond Penthouses

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