A local buyer has snapped up the penthouse suite of a new apartment development in St Kilda for $4.8 million.
Pace Development Group sold the penthouse apartment of 181 Fitzroy Street St Kilda, a new 10-level development featuring 160 one, two and three bedroom apartments.
The development is already 40 per cent sold ahead of an official launch in May.
Designed by architects SJB with interiors by Carr Design, 181 Fitzroy Street St Kilda is directly opposite Junction Oval with views across Albert Park Lake parkland down to Port Philip Bay and across to Melbourne’s CBD cityscape.
The top level features an infinity edge pool and a rooftop deck.
Pace Development Group has a portfolio of over 6o completed projects including high-rise residential.