The Penthouse at 18 Malone St, Geelong, has just sold for the first time.
Geelong’s premium apartment market continues to fire with a penthouse at The Mercer selling for $3.2 million.
McGrath, Geelong agent Michael Marmora said the sale of the four-bedroom residence with panoramic bay views set a new benchmark for the high-rise complex.
It was the first time the penthouse apartment, at 18 Malone St, Geelong, had been offered for sale by the developers.
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Almost every room has balcony access.
Mr Marmora said buyers relocating from the coast purchased the property at the end of an expressions of interest campaign.
“It’s definitely exciting for the Geelong marketplace to see that happening,” he said.
“This result signals exciting times ahead, seeing high-end apartments in the $2 million, $3 million and even $4 million range.”
The kitchen features Carrara marble benchtops and an integrated fridge.
There’s three bathroom to choose from.
He said panoramic view of Corio Bay from the 14-storey penthouse were a big drawcard for the new owners, who were looking forward to the ease of an inner city apartment living.
Both the open-plan living area and main bedroom link to large balcony overlooking the water and Geelong’s skyline, while a sweeping second deck provides direct outdoor access from the remaining bedrooms.
Parquetry flooring, Carrara marble kitchen benchtops and floor-to-ceiling marble tiles are among the luxury inclusions.
The main bedroom gets a slice of the view.
“It was the best of the best, you could not get much better,” Mr Marmora said.
“It offered four bedrooms, three bathrooms and a balcony with direct views.”
The apartment also comes with three garage spaces and access to shared gym and sun deck/barbecue area at The Mercer.
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