Hall & Campbell sets new apartment record in Bondi Beach
The price per square metre record has been broken in Bondi Beach, where a penthouse on the dress circle Campbell Parade beachfront has fetched over $100,000 per sqm.
The penthouse atop Hall & Campbell at 124-126 Campbell Parade, developed by Allen Linz's Rebel Property and Eduard Litver's Capitel Group and under construction by Trescon, sold for $23 million, representing a price per sqm of $105,000.
The penthouse, designed by architect Scott Carver, features five bedrooms, five bathrooms, and multiple living areas and balconies with views of Bondi Beach.
Located behind the historic Bates Milk Bar façade, the penthouse sits at a prominent corner along Campbell Parade, just metres from the beach.
The penthouse is expected to cost an additional $3 million for fit-out. The penthouse was sold to a "high-flying financier", The Australian reported.
The Hall & Campbell development comprises just seven new apartments with ground-floor retail spaces on the corner of Campbell Parade and Hall Street.
Rebel has another boutique development on the beachfront strip, just six apartments above retail at 14-18 Campbell Parade.
