803/5 Sovereign Point Court, Doncaster has a sky high price guide.
A LUXURIOUS apartment stands to set a Doncaster record if it reaches its lofty $4.2 million price hopes.
If the penthouse pad at 803/5 Sovereign Point Court passes the $2.495 million achieved by no. 703 of the same building in 2013, it will become the area’s priciest apartment, according to CoreLogic.
The record-challenging four-bedroom penthouse features panoramic views, stretching from the CBD to the Dandenong Ranges, and two outdoor entertainment areas.
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It may look like an ordinary apartment block from the outside …
… But a $4.2 million penthouse takes up the top two floors.
The property’s main living zone.
Ray White Mt Waverley agent Warren Wong said it was one of the best apartments in Melbourne’s east.
“The price, yes it is more than anything else on the market but I believe it is worth it,” Mr Wong said.
“It has spectacular panoramic views, high-end finishes and no one has ever lived in it.
“It’s not just for any Tom, Dick or Harry, we are waiting for the right buyer.”
The pad at 803/5 Sovereign Point Court will likely become Doncaster’s priciest apartment.
Mr Wong said the penthouse’s eighth-level views would be “forever” uninterrupted, with surrounding buildings only allowed to reach three storeys due to council restrictions.
The double-storey penthouse in the eastern suburb, about 14km from the CBD, offers four bedrooms, two with ensuites and a private balcony, plus an open-plan living area.
The marble kitchen features a butler’s pantry so large it is like a “second kitchen”.
Fancy a coming home to a private sauna?
An upstairs rumpus room has a wet bar and connects to a balcony with synthetic turf. There’s even a sauna in the main bedroom’s ensuite.
“There’s nothing to compare to in the market, it’s one of a kind in Doncaster,” Mr Wong said.
“(You can) only compare it with Docklands or Melbourne (CBD) penthouses and some of them are worth $20 million; this one is only $4.2 (million).”
The butler’s pantry is like a “second kitchen”.
Overseas buyers are expected to show a lot of interest, as well as big companies.
Plenty of space for the shoe collection.
Mr Wong said overseas buyers, people searching for a holiday house and big companies looking for short-term accommodation for visiting executives were expected to be interested in the penthouse.
The eye-watering price tag doesn’t quite challenge Doncaster’s residential record of $4.5 million, set in 2015 by an extravagant, 10-bedroom house with a tennis court at 52-56 Rathmullen Quadrant.
But that is also under threat. The record-holding house is again on the market, this time with a planning permit for 12 dwellings and a $5.85 million price tag.
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