Record $60 million paid for Sydney CBD penthouse

The penthouse sold after being on the market for 1170 days with a $66 million asking price

Record $60 million paid for Sydney CBD penthouse
The penthouse atop the ANZ building

Ian Malouf, the skip bin waste management entrepreneur, turned luxury yacht broker, has paid the highest amount ever for a completed penthouse in Australia.

The Castlereagh St penthouse offering,  sold by property developer John Boyd and his wife Marly, fetched $60 million.

It sits atop the ANZ Tower penthouse in the Sydney CBD.

The four bedroom apartment was designed by Richard Francis-Jones.

Record  million paid for Sydney CBD penthouse

It spans 2400sq m space, with interiors by Blainey North, who worked for two years on the fit-out.

It spans three levels from the 43rd floor.

It has its own private car park with express lift.

It was listed with $66 million hopes by the selling agents, Christie’s International agent Ken Jacobs in conjunction with LJ Hooker Double Bay agent Bill Malouf.

There have been two higher off the plan sales that have yet to settle in the Barangaroo precinct, including the $60 million whole floor apartment sale by Crown to tycoon James Packer in the One Barangaroo casino tower.

There has also been an $140 million sale to an undisclosed buyer in One Sydney Harbour, which was sold by Lendlease in 2019.

The long-held established apartment record was $16.8 million set when the Moran family bought atop the Bennelong building at Circular Quay from car dealer Ray Lintott in 2008.

Jonathan Chancellor

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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