A prized residence in the CBD's Quay Apartments building has been sold by Richard Sholl and Adam Ross of Knight Frank Prestige Residential Sales after a 23-day campaign.
Featuring views over Circular Quay, The Sydney Harbour Bridge, Farm Cove, and The Royal Botanic Gardens, this Sydney Harbour apartment was sold for $3.2m by Knight Frank Prestige Residential Sales in a campaign lasting only 23 days.
The residence is set within the "Quay Apartments" building with arguably the most showstopping views of all the major icons that make Sydney the world class city that it is.
Apartment 1501 is blessed with open plan living and an intuitive floor plan set over 146 square metres (approx.) on title. Balconies at either end of the apartment allow for both sunrise and sunset to be taken in over the water.
The building itself boasts outstanding amenity, including swimming pool, gymnasium, sauna, squash court and concierge, while it is just a 250 metre walk to Circular Quay railway station, Ferry terminals, Sydney Lightrail and bus stop.
Given the property’s position in a very tightly held building with one of the finest views in the world, there was strong interest, with over 200 new inquiries throughout the campaign.
"Our vendor was delighted that we were able to execute a square metre record deal, pre-auction, using a blend of digital and print media in order to attract local and ex-pat Australians," Sales Executive Richard Sholl told WILLIAMS MEDIA.
"We had many that wanted to see it first however, our strategy to maximise value was to ensure that all parties viewed the property within the campaign for them to compete in the running towards the auction date."
“The CBD market has certainly come to life in the early parts of 2020 after a relatively sluggish tail end to 2019. We have been fortunate to represent some outstanding vendors that were holding striking and iconic assets,” Richard Sholl told WILLIAMS MEDIA.
"This has netted record breaking results with most campaigns not even making it to the on-market portion of the schedule. With these transactions largely off market, the results will only be available for public consumption at settlement. The results will punctuate the market in a big way.”
"We have a large number of clients desperate to pick up CBD assets at the moment, and this has been heightened by our exclusive marketing of Crown Residences at One Barangaroo. It’s an exciting time of demand in the sales cycle for vendors. This demand is primarily built around Sydney based families resonating with the idea of “rightsizing” to the CBD due to its lifestyle of amenity, views and general access."
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