Cremorne Point apartment sells for $5.4 million: RP Data

A four-bedroom unit in The Allen Interest’s The Point development is this week’s most expensive sale, selling at its November 9 auction for $5.4 million, according to RP Data.

Located in Cremorne Point, the apartment is one of four and occupies an entire 350-square-metre floor.

The interiors include parquetry, Roman blinds, a sauna and gym, three bathrooms and a lift from the garage.

The property last traded in November 2000 for $4.2 million.

Neil Allen of The Allen Interests bought the site at 41 Cremorne Road around 18 years ago and built a luxury apartment complex designed by Peter Mayoh.

Each of the four apartments occupies an entire floor.

The property was sold through Donna Fischer and Richard Corbett of First National North Sydney.

The median apartment price in Cremorne Point is $905,000, a 28.8% change in the past five years, according to RP Data.

Most expensive sales:

3/41 Cremorne Road, Cremorne Point, NSW, 2090, four-bedroom unit, sold at auction on November 9 by First National North Sydney for $5.4 million 

21a Albany Road, Toorak, VIC, 3142, three-bedroom house, sold at auction on November 9 by Kay & Burton South Yarra for $4.55 million

13 Weeroona Avenue, Woollahra, NSW, 2025, four-bedroom house, sold prior to auction on November 6 by 1st City Hasemer & Caldwell.Eyles for $3.7 million

401/20 Alfred Street, Milsons Point, NSW, 2061, three-bedroom unit, sold on November 6 by Milson Executive Milsons Point for $3.65 million

24 Beatty Street, Balgowlah Heights, NSW, 2093, four-bedroom house, sold at auction on November 7 by L J Hooker Seaforth for $3.225 million

43 Middle Harbour Road, Lindfield, NSW, 2070, four-bedroom house, sold prior to auction on November 9 by Belle Property Killara for $3.16 million

3 Rostill Court, Toorak, VIC, 3142, four-bedroom house, sold at auction on November 9 by Kay & Burton South Yarra for $3.02 million

2 Edward Street, Woollahra, NSW, 2025, four-bedroom house, sold prior to auction on November 9 by GoodyerDonnelley Woollahra for $2.9 million

7 Bromley Avenue, Pymble, NSW, 2073, six-bedroom house, sold at auction on November 9 by Ray White Lindfield for $2.9 million

122 Windsor Street, Paddington, NSW, 2021, four-bedroom house, sold at auction on November 9 by Ballard Property for $2.8 million