The champagne may have been flowing in CEO Sonya Smart's office after VMCH concluded a $5.1 million sale for one of the eight penthouses (artist's render pictured above) at its $250 million St Clare retirement village under construction in Kew, 5km east of Melbourne's CBD.
It's a great price as VMCH listed the prices for the 104 premium apartments from $1.3 million to $4.95 million earlier this month when construction started.
The north-facing apartment has three-bedrooms plus a study and 2.5 bathrooms, with an internal area of 269sqm, plus a terrace of 118sqm (total area is 387sqm). Ceilings are 3000mm high.
The largest sale in Australia remains the $10M+ price rumoured to be paid in 2016 for the penthouse at Mark Moran Vaucluse retirement facility, in what is regarded as the second wealthiest suburb in Australia.
“The penthouse figure at Vaucluse hasn’t been superseded as it is still owned by the same purchaser from 2016 (we have other figures close to that however with apartments regularly exceeding the $5 million mark),” Mark told The SOURCE in August.
Browse VMCH's retirement living and aged care services on villages.com.au
