Buyers reach for the sky
AUSTRALIA 108 is set to become the new benchmark for residential living at height in Melbourne.
Coming in at 319m, Australia 108 will eclipse the Eureka Tower by 25m.
Unlike Eureka, which houses a restaurant, the SkyDeck and services in the top few floors, Australia 108’s super penthouse apartment will crown the building at level 100.
CBRE managing director for residential projects Andrew Leoncelli said the foyer to the penthouse would open on the 98th floor, with a glass lift or stairs leading up through a three-storey void to the 810sq m home.
Australia 108 officially hits the market in Australia today, but Mr Leoncelli said there had already been strong demand with buyers snapping up 90 of the 165 three-bedroom penthouses and sub-penthouses on levels 72 to 100.
“That’s how popular living in the clouds is,” Mr Leoncelli said.
“We announced about four weeks ago that we’re coming to market and people have been registering and we are in a position to sell ahead of the release because if someone wants to spend $3.6 million, we’re not going to say you must wait four weeks.”
Mr Leoncelli said owneroccupiers largely made up the penthouse clientele.
The super penthouse remains on the market, with a $20-$25 million price tag.
Those on more modest budgets have one and twobedroom apartments on the first habitable floor at level 14 to the 68th floor ranging from $450,000 to $950,000.