Two bedroom Circular Quay, Sydney apartment fetches $8.715 million

A two bedroom apartment in one of Sydney’s tightly-held apartment blocks sold for $8.715 million - making it Sydney’s most expensive weekend auction sale.

Located at 2502/2 Philip St, the property has views of Circular Quay, Botanic Gardens and North Head.

It was last sold in 2009 for $7 million and before that in 1998 for $4 million.

It had been partially refurbished with potential for further enhancements with an interior size of 253 sqm.

With a northern perspective there is the possibility of a third bedroom alongside open plan entertainment area.

Other features includes wraparound balcony and double garage.

The property was sold through Morton agents Ettiene West and Laura Lloyd-Cairns.