Four multimillion-dollar Melbourne apartments hit the market

3603/1 Almeida Cres, South Yarra is one of four lavish apartment listings worth more than $5 million to have hit the market recently.

An almost $8 million South Yarra apartment has joined three other pricey penthouses on Melbourne’s market that have hit Melbourne’s market in recent weeks.

Cashed-up buyers on the hunt for a luxury sky mansion are spoiled for choice, with the four lavish listings ranging from $5.3 million to $9.995 million.

And agents are reporting there’s still plenty of confidence in the city’s top end, despite general market uncertainty due to COVID-19.

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The South Yarra pad has a $7.88 million asking price.

The four-bedroom, three-bathroom apartment at 3603/1 Almeida Cres, South Yarra is the latest up-market apartment offering to hit the market.

The brand-new home occupies half a floor in the recently-completed six-star Capitol Grand, and has a $7.88 million price tag.

Views of the city skyline and Port Phillip Bay are highlights of the pad, as is the kitchen fitted with Gaggenau appliances including three ovens and two dishwashers.

The owners will also have access to the Azure Club facilities, which include an infinity-edge pool and spa, state-of-the-art gym, and dining room with catering facilities.

Kay & Burton South Yarra agent Michael Gibson said the market had remained resilient.

“The month of March, in our office, we have been really surprised in the strength of the marketplace,” he said.

“Although the volume of sales is naturally down given COVID-19 restrictions, (sale) prices have been very strong.”

The penthouse at 39 Gellibrand St, Kew is also on the market.

It has an eye-watering $9.995 million price tag.

The priciest of the four recent listings, a Kew penthouse, is vying to become one of the suburb’s most expensive homes with a $9.995 million asking price.

The sky home spans the top two floors of The Alexandra apartment complex and features a private infinity pool, glass temperature-controlled cellar, gas-log fireplace and marble kitchen.

Marshall White Stonnington director Marcus Chiminello is marketing the property at Penthouse, 39 Gellibrand St.

He previously told the Herald Sun confidence in Melbourne’s high-end real estate was still there.

“There’s still some confidence from sellers and buyers, there just aren’t many of both,” he said at the start of the month.

“(The top end) has a tendency to weather any storm better than other parts of the market.”

The penthouse atop 6 Mathoura Rd, Toorak hit the market recently.

Buyers will need to splash out $8.1-$8.8 million to secure the keys.

A three-bedroom Toorak apartment with an $8.1-$8.8 million price guide also hit the market this month through Mr Chiminello, in conjunction with Kay & Burton’s Andrew Sahhar.

Highlights of the home at 6 Mathoura Rd include city views, a plunge pool, custom dressing room in the lavish main bedroom, 1000-bottle wine cellar and fireplaces.

Also on offer is a beachfront sub-penthouse in Port Melbourne’s Nautica building.

The three-bedroom sky home at 802/65 Beach St is book-ended by the bay and city skyline and has a $5.3-$5.7 million price guide.

802/65 Beach St, Port Melbourne is a $5.3-$5.7 million pad on the market.

The beachfront pad has bay and city skyline views.

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