Edge Visionary Living see penthouse sales flurry across Perth-wide portfolio

The highest sale came from their Scarborough apartment development The Dunes Beachfront Residences, where they secured a $12.5 million buyer for the 809 sqm penthouse
Edge Visionary Living see penthouse sales flurry across Perth-wide portfolio
The Dunes penthouse in Scarborough. Image supplied
Urban EditorialFebruary 29, 2024PENTHOUSE FOCUS

Renowned Perth developer Edge Visionary Living is witnessing an unprecedented surge in penthouse sales across its luxury waterfront apartment portfolio in Western Australia. 

Within the past quarter alone, Edge has seen remarkable traction with the sale of two sub-penthouses and three penthouses, collectively valued at $36 million.

The highest sale came from their Scarborough apartment development The Dunes Beachfront Residences, where they secured a $12.5 million buyer for the 809 sqm penthouse crowning one of the two beachfront buildings, setting a new residential price record in the process.

The Dunes Beachfront Residences was the first of the award-winning company’s oceanfront developments launched last year.

The project is a collection of 223 two and three-bedroom luxury apartments, sub-penthouses, and penthouses. The project will comprise two boutique buildings, each with around 115 residences.

Edge has Tier 1 builder Roberts Co engaged to construct The Dunes, with completion slated for October 2025.

Edge also saw success at Broadway on the Bay in Crawley, where they sold the 337 sqm riverfront penthouse for $8.22 million. Broadway on the Bay, another project which is expected to complete in late 2025, has just 21 apartments across eight levels on a prime 1,413 sqm block at 168 Broadway.

Not to be left out of the penthouse surge, their Mindarie beachfront project Claytons also saw a record breaking sale. The 274 sqm penthouse sold for $3.052 million.

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