Rose Bay penthouse in 1960s architectural icon sells for about $5 million

Rose Bay penthouse in 1960s architectural icon sells for about $5 million
Jonathan ChancellorDecember 4, 2011

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An architecturally significant Rose Bay duplex apartment has been sold for about $5 million.

It’s atop the landmark 1961 building at the corner of New South Head and Beresford roads.

The-700-square-metre penthouse of Peter Kotzias and wife Kathryn has been sold through McGrath agents Paul Ephron and Steven Chen.

The apartment occupies the two top floors of a building designed by Ken Willoughby for the Auswild car dealer family. Newly updated by Weir Phillips Architects with interiors by Pyke Designs, the four-bedroom, four bathroom-apartment has 370 square metres internal space plus a 328-square-metre terrace opposite the harbour.

At street level it comes with a private lobby with a lift connected directly to both levels of the penthouse. It last sold at $3.63 million in 2007.

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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