In the world of real estate, there are few things more captivating than a record-breaking property sale. The recently sold penthouse at 1305/161 Grey Street, South Brisbane, Queensland has certainly caught the attention of both investors and luxury home enthusiasts alike.
Priced at around $4 million, this stunning residence has set a new benchmark with its impressive features and amenities. One aspect that stands out is its massive 20-meter wide balcony, making it the largest in Brisbane. The allure of such a spacious outdoor area, combined with the penthouse’s elegant interiors and breathtaking views, has undoubtedly contributed to its significant market response.
But what other features make this property so remarkable? And what does its sale mean for the future of the apartment market in Brisbane? These questions, and more, will be explored in this discussion.
Key Takeaways
- Brisbane’s biggest balcony penthouse sold for around $4m
- The penthouse has six bedrooms and four bathrooms
- The property received a great response from buyers, with a lot of interest shown
- The penthouse’s 20-metre wide balcony, offering stunning views, is a special and highly desirable feature
Property Details
The record-breaking penthouse sale in Brisbane at 1305/161 Grey Street, South Brisbane, Qld 4101, has garnered attention due to its impressive property details. This penthouse, which sold for around $4 million, boasts six bedrooms and four bathrooms. The interiors are elegant and the resort-style facilities add to its allure.
Situated in a prime location, the penthouse offers stunning views of South Bank Parklands, Brisbane River, and the city skyline. Such features have attracted a great response from buyers, with the campaign receiving a surprising amount of interest. Factors like the penthouse having the biggest balcony in Brisbane and the upcoming Olympics have contributed to the heightened interest.
The owners are pleased with the sale at a good price, and the outlook for the 2024 apartment market looks promising.
Market Response
The response from buyers to the record-breaking penthouse sale in Brisbane has been overwhelmingly positive, with a notable increase in interest and a busy campaign that reflects the growing appeal of the property market in the city.
The news of Brisbane’s biggest balcony penthouse, along with the upcoming Olympics, has generated a heightened level of interest among potential buyers. The campaign for the property was surprisingly busy, with numerous inquiries and showings.
The owners of the penthouse were delighted with the sale, which was achieved at a good price. Looking ahead, the market outlook for the 2024 apartment market in Brisbane appears promising, with great options for buying properties in desirable locations. It is recommended to seek independent advice before making any decisions in this thriving market.
Balcony Features
Featuring an expansive 20-meter wide balcony, the penthouse in Brisbane offers breathtaking views of South Bank Parklands, Brisbane River, and the city skyline. The size of the balcony is considered very unusual and a special feature, adding to the luxurious appeal of the property.
With such a spacious balcony, residents can enjoy ample space for outdoor entertaining, relaxation, and taking in the stunning surroundings. The view from the balcony is highly desirable, offering a perfect vantage point to admire the beauty of the parklands, river and Cityscape.
Whether it’s sipping a morning coffee or hosting a dinner party, the balcony provides an extraordinary setting to enjoy the outdoors while being surrounded by the vibrant energy of Brisbane.
Bedroom and Bathroom Features
The penthouse in Brisbane offers a luxurious retreat with six bedrooms and four bathrooms. The master bedroom is adorned with plush carpeting and features a balcony, providing a private and serene space. The master bedroom also boasts a walk-through mirrored robe, adding to its opulence.
The ensuite bathroom is equally exquisite, with floor-to-ceiling tiling and dual vanities, creating a spa-like atmosphere. The penthouse also includes five additional bedrooms, each equipped with built-in robes, ensuring ample storage space.
With its elegant and well-appointed bedrooms and bathrooms, the penthouse provides a sanctuary for relaxation and comfort. This attention to detail and luxurious design truly sets this property apart.
Market Outlook
With the penthouse’s luxurious amenities and prime location, it is evident that the market outlook for this property and the overall apartment market in Brisbane is highly promising. The record-breaking sale of Brisbane’s biggest balcony penthouse for around $4 million indicates a strong demand for high-end properties in the area.
The property received a great response from buyers, with a lot of interest shown during the campaign. Factors such as the penthouse’s unique feature of having a 20-meter wide balcony and the upcoming Olympics have contributed to the increased interest. Additionally, living in the inner city is becoming more popular, offering great options for buying a good property in a prime location.
The market is expected to continue surging, providing opportunities for better value compared to a home. However, it is recommended to seek independent advice before making any decisions in this competitive market.
Conclusion
In conclusion, the recently sold record-breaking penthouse in Brisbane has attracted significant market interest due to its impressive features, such as its large balcony and luxurious interiors. The property’s favorable sale price and the promising outlook for the 2024 apartment market in Brisbane indicate a strong demand for inner-city living. Potential buyers should consider seeking independent advice from a kowledgable real estate agent such as Chris Woodford before making any decisions in this thriving market.
