Brisbane’s top sales: Penthouse fetches $7.65m in offmarket deal

A penthouse in this complex at 1 Gray St, New Farm, has sold for $7.65m.

BRISBANE’S prestige property market is still firing, with a riverfront penthouse selling for $7.65m and at least 10 sales over $3m in the past week.

Sarah Hackett of Place Estate Agents negotiated the offmarket sale of the ‘meticulously renovated’ four-bedroom apartment at 601/1 Gray Street, New Farm to empty nesters from the eastern suburbs.

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The penthouses in Freshwater Apartments have both just recently sold.

The house-sized unit in Freshwater Apartments offers a massive 645sqm of living space with never-to-be-built-out views.

The neighbouring penthouse in the complex also recently sold for more than $7m.

The penthouse boasts a huge balcony with uninterrupted city and river views.

It had been owned by Queensland Treasury Corporation boss Philip Noble, who paid only $3.85m for the property in February 2020.

It comes as an acreage estate in Chandler has sold for $4.225m just nine months after selling for more than $1m less.

This property at 492 Boston Rd, Chandler, has sold for $4.225m.

The five-bedroom home on 1.4ha at 492 Boston Road comes with a tennis court, 25m pool, home theatre, and three-car garage.

Records show it only last sold in September last year for $3.175m.

And in the affluent inner suburb of Hamilton, two properties have each changed hands for $4.115m.

This property at 11 Dickson Tce, Hamilton, has sold for $4.115m.

One was a 759sqm block with demolition approval to remove the existing home at 11 Dickson Terrace.

The original house on the site is configured as three flats and boasts panoramic views of the river and city.

This property at 24 Sparkes Ave, Hamilton, has just sold for $4.115m.

And the second was the sale of a five-bedroom, five-bathroom house on 607sqm at 24 Sparkes Avenue, just 200m from Ascot State School.

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