This residence has been collaboratively created by elite architects and designers. Image: Colliers
  • A sub-penthouse in one of Australia's most iconic buildings has been brought to market
  • The sub-penthouse stands as a stunning example of luxury city living
  • Expression of Interest Campaign closes June 28 2023

The sub-penthouse in one of Australia’s most sought-after buildings, Sapphire by the Gardens, has just been brought to the market by Director for Colliers Residential Victoria Nancy Monitto, in conjunction with The Agency’s Co-Founder Steven Chen, with price expectations exceeding $12 million.

Monitto says, “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.”

Providing the ultimate luxury city living experience, the residence, collaboratively created by award-winning architects and designers Fender Katsalidis and Cox Architecture, showcases a tremendous sense of space and stunning views.

The building’s features also include the infinity-edged swimming pool, resident lounges and business hub, private dining, chef’s kitchen, cinema, karaoke room, fully equipped gymnasium, and dedicated spa and sauna.

Speaking on the sub-penthouse itself, Monitto says, “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.”

The 330 square metre sub-penthouse on level 55 has panoramic views of the UNESCO World-Heritage listed Carlton Gardens, Royal Exhibition Building, and the Melbourne CBD. The 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.

The Agency’s Co-Founder Steven Chen noted this property 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 amenity 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,” he said.

Chen added this property will be a prized possession for an Australian high net worth individual 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.

“We have transacted many trophy assets of this calibre with our clients across the eastern seaboard of Australia with no mortgages.”

The sub-penthouse on 63 La Trobe Street, Melbourne, is being offered for sale via an Expressions of Interest campaign closing Wednesday 28th June.


All images supplied.

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