Century 21 Armstrong-Smith has secured a record sale price for a residential property in Bondi Junction. The apartment at 2602 & 2603/71 Spring Street was sold in May 2022 for $5,600,000 by Nicholas Armstrong-Smith which sets a new record for the popular eastern suburbs location.
Panoramic 270-degree views over the full sweep of Sydney Harbour and across the iconic city skyline to Manly create a spectacular backdrop to the unique house-like residence.
Reconfigured from two apartments in the exclusive Harbour View building in the heart of Bondi Junction, the five-bedroom residence offers spectacular views from every room and boasts over 278 square metres of indoor/outdoor living space on the title.
"It's a very unique apartment offering and there is nothing comparable that I have seen recently in the Bondi Junction market. The vendors created this residence for their own enjoyment and it has turned out to be very advantageous for them" said Nicholas Armstrong-Smith, Director of Century 21 Armstrong-Smith, located in Bondi Junction.
A similarly proportioned free-standing house in Mill Hill Road sold for 5.35M in March 2022 which shows there is still a great appetite for maintenance free luxury apartment living in the Eastern Suburbs.
"There has been a lot of noise in the last period about the property market softening and slowing down, however we continue to see activity with buyers willing to buy good quality properties at record prices," added Mr Armstrong-Smith.
Matching the right buyer to the title did take some perseverance by Mr Armstrong-Smith. The outcome though is an incredible sale for very happy vendors.
"The rarity of the offering also meant finding and nurturing a very specific buyer profile. We didn't set expectations of a quick sale with the vendors but rather assured them we would work tirelessly to find the right buyer match," concluded Mr Armstrong-Smith.
Century 21 Armstrong-Smith is proud to have secured this record sale price and looks forward to continuing to provide expert real estate services to the Bondi Junction community.
Century 21 Armstrong- Smith celebrated its 10th anniversary early this year. A family-run agency at heart, since opening our doors in 2012 Nicholas and Shona Armstrong-Smith have led the agency's growth from a well-regarded established business into the multi award winning agency it is today.