Sitting atop the tallest tower of Lendlease's One Sydney Harbour development, will be a two-storey penthouse and a sub-penthouse that together recently sold for $140 million.

This transaction has taken the title of the most expensive home sold in Australia.

The deal also smashes the $100,000 per square metre price.

One Sydney Harbour is the final piece in Lendlease’s existing award-winning waterfront residential, commercial, restaurant and retail precinct Barangaroo South.

It was designed by Pritzker Prize winning architect Renzo Piano.

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The penthouse has been specifically designed as a single residence, allowing the additional third floor – which forms part of the overall home – to function as a separate residence.

The entire holding spans the top three floors of the tallest of One Sydney Harbour’s three luxury residential towers. 

The total home includes nine-bedrooms, with more than 1,600 square metres of curated living space with eight-metre-high ceilings.

It features a private roof-top pool, spa and gymnasium, as well as a significant master bedroom that is bigger than most homes.

Lendlease confirms the purchaser is a local buyer planning to call One Sydney Harbour home. 

Kylie Rampa, CEO Property, Lendlease said the One Sydney Harbour development personified luxury.

“We’re delighted to present Sydney with world class living at One Sydney Harbour, in the vibrant Barangaroo South precinct," said Ms Rampa.

"The building’s location and prestigious design does the One Sydney Harbour address justice.
  
“The sale of the penthouse at One Sydney Harbour is a paradigm shift for the Australian property market with an apartment claiming the title of Australia’s most valuable residential property for the first time, a title historically reserved for significant houses.”

Ben Christie, Global Head of Product and Sales, Lendlease said they have been overwhelmed by the interest received.

"Not only have we secured more than $140 million with the penthouse sale, but a further seven whole floor apartments have been sold, proving there is significant depth in the super luxury apartment market in Australia,@ said Mr Christie.

“With such strong interest to date, we are confident that the balance of the building will be highly sought after in the coming weeks. 

“A key differentiator for the One Sydney Harbour towers is that we’ve curated the entire precinct surrounding it, which ensures everything works together, complements each other and is considered holistically.” 

You can register interest in the project here.

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