Absurd $24 million sale price for this Sydney apartment

PHOTO: One affluent Aussie is now the proud owner of a $24 million apartment. (Source: Raine & Horne Double Bay) Bondi Beach, Sydney

This three-bedroom apartment overlooking Sydney’s Bondi Beach has sold for a whopping $24 million – setting a new record.

The sale means the price per square metre is a massive $126,316, breaking the previous record of $118,012 per square metre, also set by a Sydney apartment.

The stunning Bondi Beach penthouse also comes with four garage spaces with level street parking – a much-needed addition in the busy tourist area.

The view of Bondi beach from the penthouse apartment. — **The apartment has sweeping views of Bondi Beach. (Source: Raine & Horne Double Bay)**

The listing described the property as a “once in a lifetime opportunity” to live in “Bondi’s best penthouse” and also came with pre-approval to add ensuites to all three bedrooms, plus a guest powder room.

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“Penthouse living in an iconic location overlooking Sydney’s most famous Beach,” the listing said.

“Top floor penthouse ultimate privacy opening out to a 24m approx. Northerly [sic] ocean frontage.”

An artists impression of the interior of the Bondi apartment. — **It has a wealth of natural light.** **(Source: Raine & Horne Double Bay**)

It is only a stroll to the world-famous Bondi Beach, Icebergs, restaurants, shops and Hunter Sculpture Park directly behind. The apartment is also set in a building that has a concierge service for all residents.

With sweeping views of Bondi Beach and the famous Icebergs, the property is sure to impress guests who can settle in on the large balcony.

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The property was last purchased in 2006 for $9 million – meaning the previous owner made a staggering $15 million from the sale.

Another apartment in the same Notts Avenue triplex – a two-bedroom garden apartment – sold for $10 million in 2021. That apartment was purchased for just $3.93 million in 2015.