Buyers snapped up two penthouses for $5 million for ultimate luxury

first_imgGallery House in Hamilton is experiencing strong demand for high end product as the apartment market shifts towards luxury abodes.PRESTIGE residences are continuing to strengthen in the apartment market with one couple paying $5 million for two penthouses, to make the ultimate luxury home.More than a touch of luxury…Video Player is loading.Play VideoPlayNext playlist itemMuteCurrent Time 0:00/Duration 0:41Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:41 Playback Rate1xChaptersChaptersDescriptionsdescriptions off, selectedCaptionscaptions settings, opens captions settings dialogcaptions off, selectedQuality Levels720p720pHD540p540p360p360p270p270pAutoA, selectedAudio Trackdefault, selectedFullscreenThis is a modal window.Beginning of dialog window. Escape will cancel and close the window.TextColorWhiteBlackRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentBackgroundColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyOpaqueSemi-TransparentTransparentWindowColorBlackWhiteRedGreenBlueYellowMagentaCyanTransparencyTransparentSemi-TransparentOpaqueFont Size50%75%100%125%150%175%200%300%400%Text Edge StyleNoneRaisedDepressedUniformDropshadowFont FamilyProportional Sans-SerifMonospace Sans-SerifProportional SerifMonospace SerifCasualScriptSmall CapsReset restore all settings to the default valuesDoneClose Modal DialogEnd of dialog window.This is a modal window. This modal can be closed by pressing the Escape key or activating the close button.PlayMuteCurrent Time 0:00/Duration 0:00Loaded: 0%Stream Type LIVESeek to live, currently playing liveLIVERemaining Time -0:00 Playback Rate1xFullscreenClose Modal DialogThis is a modal window. This modal can be closed by pressing the Escape key or activating the close button.check out developments virtually!00:41 Related videos 00:41check out developments virtually!01:60Sneak peak inside Hawksburn Place Residences02:02Sneak peak: FV building03:05The Converted: Boot Factory01:30Dream Home: North Sydney00:45Dream Architecture: Mandalay HouseTotal Property group director Adrian Parsons said the penthouses’ $5 million price tag made the sale one of Brisbane’s highest in recent years.The buyers, who asked to remain anonymous, are downsizing from their family home and have purchased the two penthouses off-the-plan in Gallery House’s riverfront project in Hamilton.Mr Parsons said the top end of the market was strengthening and riverside addresses were in high demand.Gallery House, Hamilton.The project has now sold $30 million worth of penthouses and three-bedroom apartments, leaving just two penthouses on the market, and $88 million of stock in total.“The higher end of the Brisbane apartment market is gaining momentum, particularly in projects where the residences have been designed with owner occupiers in mind,” he said.More from newsMould, age, not enough to stop 17 bidders fighting for this home3 hours agoBuyers ‘crazy’ not to take govt freebies, says 28-yr-old investor3 hours ago“Buyers are looking for projects with closer attention to detail that give them the ability to choose from a range of upgrades to personalise their apartments.“We have seen strong interest in three bedroom apartments, penthouses and ‘Sky Homes’ at Gallery House as buyers move to take advantage of the lifestyle and value on offer in these premium waterfront residences.”The buyers will be combining the two penthouses to form a bespoke 694sq m residence on the upper level of the riverfront residential tower featuring 360 degree views and 265sq m of landscaped terraces and balconies.With a master suite larger than many one-bedroom apartments and a 31sq m walk-in-robe and dressing room, the owners will be living in the lap of luxury.Gallery House architects Cottee Parker, worked closely with the buyers and their interior designer to customise the buy.Gallery House, Hamilton.“The layout was tailored to deliver open plan entertainment areas, both formal and informal, with vast kitchens — including a separate butler’s pantry and temperature-controlled wine room with glass walls,” Ms Browne said.“The extensive perimeter glazing has allowed opportunities to locate several living areas that have a choice of orientation and view corridors, with spaces that take advantage of winter sun and summer shade.”Cottee Parker director Sandra Browne said the residence the double penthouse still retained the key design elements founds in all three-bedroom apartments and penthouses in the project.“In all our ‘Sky Collection’ apartments, the master suite is located in its own wing, separate from the other bedroom cluster to ensure privacy and exclusivity,” she said.Brookfield Residential Properties’ general manager Lee Butterworth said Gallery House had established a strong reputation with high-end buyers and was the companies most luxurious development in Queensland.last_img

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