Luxury Penthouse Sold For $13M In Just 10 Days!

In a resounding triumph for the Sutherland Shire real estate market, Highland has successfully brokered the sale of a luxurious three-storey penthouse in Cronulla for a remarkable $13 million, accomplishing this feat within a mere 10 days. The property, situated at 15/7-9 Tonkin Street, has not only set a new benchmark for the high-end property market in the region but has also underscored the desirability and exclusivity of this extraordinary penthouse.

Boasting an expansive 700m² of internal space and a total area of 1,000m², the penthouse captivated the attention of discerning buyers, ultimately finding its new owner in a local resident. This rapid sale is a testament to the enduring appeal of the Cronulla area and its ability to attract buyers seeking a combination of luxury, location, and lifestyle.

David Highland, CEO of Highland and listing agent, expresses his satisfaction with the swift transaction, emphasizing the allure of Cronulla and its ability to draw discerning buyers. Mitchell Wynn, the selling agent for the listing, attributes the speed of the sale to Highland's robust database of qualified buyers.

"Having an extensive database of qualified buyers is like having a secret weapon in the real estate market," states Mr. Wynn. "When this property came on the market, we immediately tapped into our robust database, identifying potential purchasers who were actively searching for a property just like this."

The penthouse spans three levels, featuring a six-bedroom layout and a self-contained three-bedroom apartment on the lower level. The outdoor entertaining area includes a gas barbecue station, multiple waterfront terraces and balconies, and picturesque views of boats dotting the bay. Additional highlights encompass a heated infinity swimming pool, spa, Swedish sauna, and steam room shower.

Highland's achievement in orchestrating the record-breaking sale of this Cronulla penthouse affirms its position as a leader in the high-end real estate market, showcasing its ability to connect discerning buyers with exceptional properties in coveted locations.

Hannah Matchett