Record $4.1 million Dee Why apartment sale

A three-bedroom apartment in Dee Why’s Ala Moana building has set a suburb record
Record $4.1 million Dee Why apartment sale
Jonathan ChancellorApril 5, 2021

A $4.1 million sale in Dee Why’s refurbised 1970s Ala Moana apartment building has set a suburb record.

The 16-17/89 Dee Why Parade apartment created from the amalgamation of two apartments went to auction with a guide of $3.5 million.

It was sold through Peter Mosedale and Phil Feseha, of Upstate.

The sixth floor northeast corner apartment comes with views over the Dee Why Beach, Long Reef Headland and the ocean.

It includes three-car garaging.

One of the apartments had been bought for $285,000 in 1993, with the second costing $1 million in 2006.

CoreLogic suggest the highest previous sale was $2,975,000 in a 2018-built Meriton complex at 15 Howard Avenue.

There was a $2.85 million sale in Oceania, the 2001-built complex on The Strand in 2019, which first sold at $1 million.

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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