Priciest one bedroom beach house sold for record price

Priciest one bedroom beach house sold for record price
Jonathan ChancellorDecember 5, 2016

Just two days before the selling season turned to summer, Sydney's most expensive one bedroom beach house sold at Palm Beach.

The Modern House agency had a $1.55 million asking price on the highly contemporary offering which was actually built in the late 1990s.

All up it measures a modest 85 square metre internal space, plus there's an additional 80 square metres of external deck and terracing.

It was custom designed for photographer Greg Barrett by Furio Valich at Gordon + Valich Architects, in partnership with Belinda Koopman Architects in its bushland Cynthea Road location.

The house was the winner of the RAIA Merit Award for Housing in 1999 with its Sydney School architectural influences obvious given the use of the site's plentiful sandstone and angophora.

The one bedroom house is made up of a main, open living and dining space on the ground floor and a small upper floor bedroom.

"Belinda and Jim Koopman’s design succeeds on all counts," said the selling agent Marcus Lloyd-Jones at Modern House.

Barrett paid $300,000 in 1990 for the land.

Sydney's highest known one bedroom apartment sale was secured by the fishing guru Rex Hunt who sold his 75 sq m Macquarie Street, Quay Grand apartment for $2.05 million earlier this year.

Architect Domenic Alvaro’s strikingly narrow, five storey Surry Hills house sold for $1.88 million in 2014, ranking still as Sydney's priciest custom built one bedder.

This article first appeared in the Sunday Telegraph.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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