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Rare three-storey Penthouse sold at 661 Chapel Street - limited opportunities remain for this exclusive listing.

Market Insights
3 years ago
3 minutes

The exclusive three-storey penthouse at Gamuda Land’s 661 Chapel Street, South Yarra development has been snapped up off-market for $17m. The penthouse was sold as a shell unit to enable the future occupier to freely visualise the space in their own personal way.

With the penthouse now officially off the market, opportunities at 661 Chapel Street are limited. 

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661 Chapel Street - Panoramic View

360° unobstructed view

Selling agent, Taylor Dow of Burtons Estate Agent said, “the unique opportunity to own a 360° view of Melbourne, with the ability to customise the interiors is rare in the Melbourne market and has enhanced the appeal of the penthouse.”

Sitting over 720sqm, the penthouse boasts nine car parks, three full floors including a private rooftop boasting panoramic views to the city, Yarra River, Port Phillip Bay and Dandenong Ranges.

Located in the heart of South Yarra, the penthouse offers the very best of Melbourne on its doorstep. “661 Chapel Street is a luxury residential development offering unrivalled 6-star hotel-like amenities and offering 1, 2 and 3 bedroom apartments, each with unobstructed views,” says Mr. Dow

“While the penthouse is no longer available, those in quest of a luxurious and vibrant lifestyle still have limited opportunities to purchase one of the few remaining apartments,” he continues.

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661 Chapel Street - Ground Floor, Grand Library

Mindful design for community living

Winner of the 2019 Good Design Awards for Architecture, Gamuda Land in collaboration with Bird de la Coeur have created a development that offers exclusivity and privacy.

A soaring grand lobby spanning four levels features an art gallery curated by Mars Gallery and featuring pieces by Damien Hirst, as well as a grand library, music corner, lounge with a fireplace, private boardroom, private porte-cochere and concierge service.

An entire level is mindfully planned to cater for community space such as private function rooms, climate-controlled wine cellar, fully equipped gym, a Richard Serra inspired theatre pod as well as a heated sky pool.

This is in line with Gamuda Land’s development principle of getting the places right to make the development work.

“As a developer, we create places that people will call home, want to be a part of, grow up and grow old in. The planning and architectural design of our developments promote connectivity so that residents can truly get to know their neighbours,” said Ngan Chee Meng, Chief Executive Officer of Gamuda Land.

“To make the development work, we need to get the places right. So we not only think of the home place, we think of the work place, wellness place, gathering place and leisure place. These elements are harmoniously brought together at 661 Chapel St. to meet the needs of the community,” Ngan added.

The architecture and interiors for the building were created by Melbourne architecture firm Bird de le Coeur Architects while renowned Melbourne interior designer, David Hicks, provided tailored interior design concepts and visuals for the penthouse.

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661 Chapel Street - 2 Bedroom Apartment - Kitchen

Limited private viewing still available

Private one-on-one inspections are currently available to view remaining one, two and three bedroom apartments with a price range of $567,000 for one bedroom, $798,000 for two bedroom and $1.84m for three bedroom.

With a proven track record established over two decades, Gamuda Land was able to deliver and complete 661 Chapel St. free of conventional presale requirements.

“The opportunity to secure an unobstructed city view apartment is rare so we urge interested buyers to get in quick,” said Mr Dow.

To take advantage of this exclusive, limited opportunity at 661 Chapel Street, click here.