$1.55 million asking price for Sydney's priciest one bedroom beach house

Sydney architect Domenic Alvaro’s strikingly small, five storey Surry Hills house sold for $1.88 million in 2014, to rank as Sydney's priciest custom built one bedder.

Now Sydney's most expensive one bedroom beach house was listed last week for sale at Palm Beach. The Modern House agency has a $1.55 million asking price on the highly contemporary, yet 1998-built offering.

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 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.

All up just a modest 85 square metre internal space, there's an additional 81 square metres of external deck and terrace space.

"Belinda and Jim Koopman’s design succeeds on all counts," said the listing 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 hooked recently by the fishing guru Rex Hunt who sold his Quay Grand apartment on Macquarie Street for $2.05 million.

It was back in 1999 when Hunt paid $690,000 to buy into the Mirvac developed complex.

Ettiene West at Morton Sydney secured the off market sale of the 75 sqm one bedroom.

This article was first published in the Sunday Telegraph.