Co-op 17 Wylde Street, Potts Point penthouse fetches $4.4 million

Co-op 17 Wylde Street, Potts Point penthouse fetches $4.4 million
Jonathan ChancellorDecember 7, 2020

A co-op Potts Point penthouse traded for the first time in almost seven decades fetched $4.4 million at auction last night.

The penthouse that sits atop the 1948 Aaron M. Bolot-designed 17 Wylde Street had been owned by its developer John Davis since its completion in 1951.

Family have remained in occupancy since his death in 2008.

It spans 165 sqm and has 270 degree harbour views from its ninth floor position where inspectees on several opens had to walk up with the lift out of order.

Co-op 17 Wylde Street, Potts Point penthouse fetches $4.4 million

The apartment has three bedrooms and two bathrooms.

Jane and Sam Schumann at Di Jones has the offering.

Regarded as one of Bolot’s best pieces of work, 17 Wylde Street's creative curvilinear design was produced in response to the site’s unusual triangular shape, forming a prominent curve.

The internal floorplans for all apartments were designed to maximise aspect and spaciousness, with kitchens and bathrooms grouped on the southern side while living rooms and bedrooms faced the north side, almost entirely glazed to maximise the breathtaking 270 degree Harbour View.

17 Wylde Street was one of the few apartment blocks developed by the Urban Cooperative Multi-Home Units building society and the building was awarded the 2017 NSW Enduring Architecture Award by the Australian Institute of Architects NSW Chapter.

 

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.

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