KM Sales and Marketing sell the most expensive apartment in Australian history.

Nexus Partners clients KM Sales & Marketing have recently confirmed the successful sale of the most expensive apartment on record. Australia 108’s penthouse sold for $25 million surpassing the previous Australian record achieved at Pacific Bondi Beach in November 2014 for a combined apartment sale.

Located in Southbank Melbourne, the 797 square metre apartment will have 4 bedrooms, 4 bathrooms, 5 car parks and will be the highest residence within the southern hemisphere giving the owner breathtaking uninterrupted views of the city.

Australia 108 attracted high interest from both domestic and international buyers with a Chinese based businessman locking down the sale. KM Sales & Marketing Director’s, Tim Keenan and Jayde Pezet have seen an increase in Chinese buyer interest over the past four years with strong demand for new prestige real estate in Australia from China’s ultra-high net worth individuals. This demand has enabled local developers to continue to move forward with large residential projects in Melbourne creating jobs in architecture and construction, and stabilising the price of entry level apartment living.

Words sourced from www.kmsm.com.au