A businessman based in China has become the owner of the most expensive apartment sold in Australia.
At more than $33,000 per square metre the 750sq m penthouse in one of Australia’s tallest residential buildings the Fender Katsalidis-designed Australia 108 building in Southbank, Melbourne, is spread across the entire 100th floor of the building.
The 319-metre structure is being built by Singaporean conglomerate Aspial.
Australia 108 is Aspial’s first Melbourne project, the ambitious developer is said to also be planning a seven-tower 1250-apartment project in Cairns, Queensland as well as two further projects in Brisbane.
