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aderfp633 · Inscrit le: 27 Sep 2011 Messages: 7915 Localisation: England

{$17 million pad to be uni student house}
Buy Rent Share Find an agent Sold Reports Auction Results You are here: Home Domain News Article $17 million pad to be uni student house Date August 27, 2013 - 10:35PM (0) Read later Stephen Nicholls National Domain Editor View more articles from Stephen Nicholls Follow Stephen on Twitter Email Stephen Chinese investor snaps up trophy penthouse for his children who are studying in Sydney. Tweet Pin It submit to reddit Email article Print Reprints & permissions The interior of The Sulman penthouse. After five years on the market, one of the penthouses at the Hyde Park exclusive block,[url=http://www.michael-korshandbags-outlet.org]Michael Kors Outlet[/url], The Residence, has sold to an offshore Chinese investor who has paid $17 million. There had originally been hopes of more than $20 million for the penthouse - complete with rooftop pool - which now looks set to be student accommodation. Selling agents CBRE refused to confirm the sale but industry sources say the deal was stitched up late on Friday night. The view looking north over Hyde Park. “I believe the buyer’s kids are at university here and they’re going to live there,[url=http://www.michael-korshandbags-outlet.org]Michael Kors Handbags Outlet[/url]," the source said. Advertisement CBRE's sub-agent, Savills,[url=http://www.michael-korshandbags-outlet.org]Michael Kors Handbags[/url], on Tuesday night confirmed the penthouse had sold. "This was an extraordinary sale and clearly demonstrates that the top end of the luxury housing market is gaining momentum," said Savills divisional director, residential projects for NSW, Nigel Napoli. Most of the apartments in the College Street project - formerly the police headquarters - sold quickly when released off the plan in late 2008. The AMP, Cbus Property and Galileo Group redevelopment was particularly popular with downsizers who loved the parkside location and city and harbour views. The rooftop pool. But this penthouse, known as The Sulman,[url=http://www.michael-korshandbags-outlet.org]michael kors canada[/url], was slow to move. It even had $1 million worth of extra upgrades last year. But now it’s three bedrooms with marble ensuites and outdoor entertainment areas with 270-degree city and harbour views are likely to be enjoyed by university students. The other penthouse at The Residence is still available for about $15 million. CBRE sold Sydney's most expensive apartment earlier this year when two off-the-plan penthouses at The Pacific Bondi sold for $21 million to a buyer who is combining them into one super apartment.
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