Penthouse sells for a North Shore record

402/147 Kurraba Rd, Kurraba Point sold for $28.5m, a new northside record for an apartment.

Kurraba Point penthouse has sold for $28.25m in a new northside record for an apartment, it’s a top price, however the developers must be kicking themselves that a reported offer of $41m didn’t materialise.

The Kurraba is a brand new two-storey penthouse with iconic Sydney Harbour views and 420sqm of internal accommodation.

Late last year an international trophy property hunter offered $41m for the four-bedroom property with its heated infinity-edge pool, private terrace and gardens.

However, the China-based businessman got cold feet when Trump became President, fearful of the financial impact of trading with the US, and the deal fell through.

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Iconic Sydney Harbour views.

420sqm of internal accommodation.

Impressive at night.

Then earlier this year the luxury home on Kurraba Rd was relaunched with $35m expectations and again didn’t sell.

More recently the hotel-style penthouse was handed to Ray White Lower North Shore and Geoff Smith and Geoff Allan were able to secure a buyer in two and a half weeks.

The penthouse sits atop the 24-apartment development Kurraba Residences built by respected Mosman builder Richard Crookes Constructions.

The hotel-style penthouse sold via Ray White Lower North Shore.

It has four bedrooms, four bathrooms and a four-car garage.

The development won a swag of awards including best condo development in the Asia Property Awards in 2020 and development of the year in medium density at The Urban Developer Awards.

The sale is the highest price paid for an apartment north of the Harbour Bridge and eclipses the sale of the top floor of The Ritz building in 2022 in which Tesla chair Robyn Denholm paid $27.5m.

Not a bad spot to work from home!

Even the gym has iconic views.

Her Cremorne Point pad has seven bedrooms and garaging for six cars while The Kurraba has four bedrooms and garaging for four cars.

The Kurraba has marble kitchens and bathrooms, a humidity and climate-controlled wine cellar, a media room, gym, steam room and study and home automation from lighting to blinds to security.

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