The exclusive sky-high sub-penthouse at the iconic and most coveted building in Melbourne, Sapphire by the Gardens.

The sub-penthouse in one of Australia’s most iconic and sought-after buildings, Sapphire by the Gardens, developed by SP Setia, has just been brought to market by Colliers Nancy Monitto, in conjunction with The Agency’s Steven Chen with price expectations in excess of $12 million.

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The 330sqm (approx.) home is located on level 55, two floors below the record breaking sale of the $39million penthouse that sold last month.

It truly is a one-of-a-kind home with panoramic views of the never-to-be-built UNESCO World Heritage listed Carlton Gardens and Royal Exhibition Building in the north eastern corner of Melbourne CBD.

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The highly anticipated Sapphire by The Garden’s residential tower interlinks to the upcoming 5-star flagship Shangri-La hotel through a striking sky bridge on level 46 and also comes with a range of shared amenities including gym, pool and entertainment areas.

After almost a decade in the making, this residence has been collaboratively created by elite and award-winning architects and designers Fender Katsalidis and Cox Architecture.

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Nancy Monitto, Director for Colliers Residential Victoria, said, “Interest for the Sapphire by the Gardens apartments has been incredible from the start and with the record-breaking $39 million sale of the penthouse last month, there are only a handful of homes available to the market.”

The high-quality sub-penthouse provides the ultimate luxury city living experience. From its private lobby entry on level 55, the residence displays an immense sense of space and spectacular views from every room.

“There are three separate living zones, a private dining room, extensive open-plan living and two full kitchens. Three double bedrooms, with the master incorporating a separate full custom luxe walk-in robe room with dual access and bespoke ensuite. Unique to the residence is a dual entry access for staff, caterers or the owner’s convenience, perfect for entertaining, plus six car parks,” Ms Monitto added.

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The Agency’s Co-Founder Steven Chen noted, ”This is without doubt one of the finest offerings in Australia."

"It will be highly contested not just from a local audience but interstate and internationally."

"With a true world class level of living coupled with an array of ammenity and the service offering of the Shang-ri la hotel. It will be an enviable lifestyle whether it be full time living or a secondary residence whilst in Melbourne."

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Chen adds this is a trophy hold for an Australian high net worth or expat, "There will be solid interest in this asset as the luxury market in this segment is solid and property of this calibre and offering are rare and don’t come around often." 

"We have transacted many trophy assets of this calibre with our clients across the eastern seaboard of Australia with no mortages."

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Completed in October 2022, the majority of residents have settled and have moved in and are enjoying the lifestyle that they will soon be truly accustomed to including the infinity-edged swimming pool, resident lounges and business hub, private dining, chef’s kitchen, cinema and karaoke room fully equipped gymnasium and dedicated spa and sauna.

The sub-penthouse on 63 La Trobe Street, Melbourne, is being offered for sale via an Expressions of Interest campaign closing Wednesday, 28th June 2023, at 5pm (AEST), viewing by private appointment.

To view listing and for more information click here.​​​​​​​

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To arrange a private inspection or for more information phone or email Nancy Monitto of Colliers or Steven Chen of The Agency Projects via the contact form below.

See more luxury Melbourne real estate:

Sushi Sushi founder’s Toorak mansion for sale - Marshall White

Bates Smart designed Collins House sub-penthouse for sale - Kay & Burton

c1879 40 acre Holm Park Estate on two titles for sale - Peake​​​​​​​