Luxury Real Estate

By Michael Marquette
From his blog: Australia’s most expensive apartment SOLD in Potts Point

Potts Point in Sydney has achieved Australia’s record apartment price with a $20 million penthouse sale.

An undisclosed “prominent Sydney businessman” bought the apartment off-the-plan after the Sydney City Council approved the development on Monday.



The two-level penthouse, with views across Woolloomooloo Bay towards the central business district, Sydney Harbour and the Opera House, will have 530 square metres of internal space and 115 square metres of balcony.

The Wylde Street sale trumps an $18.2 million off-the-plan penthouse sale in East Melbourne and the $16.8 million Sydney record sale in Macquarie Street’s Bennelong block earlier this year.

The Ashington Group, chaired by mortgage broker Mark Bouris, bought the development site for $15.5 million last year, indicating it viewed Potts Point as one of the true urban villages of Sydney.

“The sale was a sign that buyers will act quickly for distinctive apartment product,” Ashington’s director, Craig Minahan, said yesterday.

The design by architects Tzannes Associates echoes the curved glazing and copper roofing in the neighbouring 1930s heritage-listed Wyldefel Gardens residential complex.

The nine apartments included in the development with the penthouse will have interiors by fashion designer Alex Perry.

Interestingly, the Australian newspaper incorrectly quoted the apartment as being in Point Piper, not Potts Point.


Editor’s Note:
Michael Marquette is the co-Founder and Director of Marquette Turner Luxury Homes, a member of Luxury Real Estate in East Sydney, New South Wales, Australia. Founded on Australia Day 2007 by Marquette and Simon Turner, Marquette Turner is a property consultancy company covering the Australian states of New South Wales and Victoria. Marquette has a background in medicine and a large retail and wholesale business. Marquette and Turner just can’t stop providing excellent content like this for the Luxury Real Estate Blog. People are still interested in purchasing luxury properties for the right price. Keep looking for good news and you’re sure to find it.

By Robert Lockard

On Friday, June 13, 2008, Ewing & Clark, Inc. closed on the sale of a Lake Washington waterfront home in Seattle for $13,300,000, marking the second-highest Seattle real-estate sale in the past eight years. John Brian Losh, Betsy Terry and Jane Powers were the listing agents of the property. This home includes 6,000 square feet of living space, a tennis court and boathouse on a 20,000-square-foot lot with 146 feet of shoreline.

In February, they closed on a home at 1620 Washington Blvd. on Lake Washington for $15,800,000. These are the second- and third-highest sales in Seattle history and the two highest sales in Seattle in eight years. Congratulations!


Editor’s Note:
Robert Lockard is the Public Relations & Media Specialist with LuxuryRealEstate.com. I am Robert. I create all of Luxury Real Estate’s newsletters, write the editorials in LuxuryRealEstate.com Magazine and much more. Ewing & Clark is a member of the Board of Regents.

By Brian Langhorst

Tom Smyth of St. Barth Properties Sotheby’s International Realty a member of Who’s Who in Luxury Real Estate, recently closed the highest-priced private residential sale in the history of St. Barth! This notable listing was closed at €25,000,000 ($39,000,000).

We are very proud to have Tom Smyth and his team of professionals in our network. Congratulations!


Editor’s Note:
Brian Langhorst is LuxuryRealEstate.com’s Membership Manager. He meets members’ unique needs through the dynamic services LuxuryRealEstate.com provides. This is wonderful news! What a beautiful property. Good job, Tom!

By Meghan Barry

Ewing & Clark, Inc. is pleased to announce the recent closing of 1620 Lake Washington Boulevard in Seattle, Washington for $15,800,000. This is the highest residential sale in King County in the past two years.

The 9,000-square-foot Santa Barbara-style residence sits on 120 feet of Lake Washington waterfront in the heart of Seattle’s renowned Denny Blaine neighborhood. The home was originally designed by William Blaine. The reconstruction was designed by Stuart Silk and built by Reed Construction, and the interiors were designed by Michael McQuiston Designs. Betsy Q. Terry brokered both the purchase and resale of the property, also serving as a consultant on the rebuild.

View the property here: www.luxuryrealestate.com/748661.


Editor’s Note:
Meghan Barry is the Executive Vice President of LuxuryRealEstate.com. She works closely with CEO John Brian Losh to organize a variety of Luxury Real Estate programs, events and services. Mr. Losh is also the owner and broker of Ewing & Clark, which is Seattle’s oldest brokerage. This is wonderful news, and I hope that you also have great news to share.

By Charlene Meenan

Great success should always inspire people to achieve more in their lives and professional careers. At Chase International, success is praised and shared with the entire company. It does not matter if it is your first sale, just a sale or a company best. I think that lays the groundwork to make you want to be your best and to understand that there are no limits on what you can achieve unless you put them there.
 

When you see your fellow agents achieve what you are just dreaming of it wakes up the dream inside you and makes you say, “I can do that.” The best part is that Chase International believes in each of their agents and knows that through hard work, dedication and focus the sky is the limit for each of us. As for me, I am inspired by success. I want to be around successful people who give back to society and are thankful for their abundance. Successful people attract success therefore I know that even greater success is coming to me today and every day.

I firmly believe there is lots of room at the top if you just go for it!