Who cares about credit cresis? At least not for an “undisclosed Sydney business” who set the national record at $20 million for buying a penthouse in Potts Point Sydney off the plan.
An undisclosed “prominent Sydney businessman” bought the apartment off-the-plan after City of Sydney Council approved the development on Monday. With views across Woolloomooloo Bay towards the CBD, Harbour and Opera House, the two-level penthouse will have 530 square metres of internal space and 115 square metres of balcony space.
The Wylde Street sale trumps an $18.2 million off-the-plan penthouse sale in East Melbourne and the $16.8 million Sydney record sale in Macquarie Street’s Bennelong block earlier this year.
20 million?! I don’t mind blogging about the opning ceremony if they invite me when it’s built. I can probably write a nice article and post some photos so they can get the maximum amount of exposure. 
[...] Now, let’s see if I can justify why a penthouse on Potts Point cost 20 million by looking at this street view of Potts Point. Hmmm… nothing special about the street here. [...]