Melbourne penthouse apartment sells for $10 million off-the-plan!

In one of the strongest prices ever paid for an Australian apartment, a Melbourne family has paid a staggering $10 million dollars for an off-the-plan penthouse in Port Melbourne. Located at 103 Beach Street, the sale stands as one of the highest priced transactions ever recorded for a property of its kind in Victoria. It’s certainly a mind-boggling figure when you consider that the property isn’t even built yet!

A render of the kitchen and living area

Perched across from the iconic Station Pier, the home promises an uninterrupted view of Port Phillip Bay and an unparalleled panorama of the city skyline and bay. Developed by the renowned Sydney-based developed Luxcon, the waterfront property was designed by the architectural firm Carr Design and features meticulously crafted gardens by Acre.

A render of the dining area

“Opportunities to own property in such a coveted location are genuinely once-in-a-generation. Not only are you getting unmatched views of the bay and the city, but you’re able to enjoy those views in the comfort of an incredibly spacious, light-filled and well-designed home,” says Marshall White Director Leonard Teplin who made the sale.

The apartment has excellent indoor/outdoor flow to its generous balcony
Penthouse bathroom
Bathroom render

Beyond the magnificent views, the penthouse boasts an array of luxe features including three metre ceilings, oak floors, premium Swiss appliances and Sub-Zero wine storage making it an ideal space for entertaining family and friends.

103 Beach St

Part of a building that boasts just 17 residences in total, residents will have a tram stop right at their doorstop (so convenient!) while the Bay St shopping precinct is just 800 metres away. 

For more


Leave a Comment

Your email address will not be published.