Luxury Brisbane penthouse hit the market for $1.6 million less

A BRISBANE apartment has just hit the market for a whopping $1.6 million less than it contracted for three years ago.

The New York-inspired penthouse on Adelaide Street in the city’s CBD sold for $4.5 million, but the deal fell through due to a contractual issue.

Place New Farm real estate agent Ben White told realestate.com.au the enormous offer came because the buyer had a particular affinity with the building.

This is the view over Anzac Square, in central Brisbane. Source: Supplied

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