This article is from the Australian Property Journal archive
HIGH-end Sydney real estate agency, Highland Double Bay Malouf, has transacted more than $70 million worth of sales in a single week, following the merger venture of Bill and David Malouf with David Highland.
The $70.1 million in sales were executed by the agency’s David Malouf, William Manning, Paul Ephron and Bill Malouf across Sydney’s prestige residential market.
“It’s a remarkable outcome for Highland Double Bay Malouf and these sales are a testament to the calibre of properties our clients are entrusting to us, and the results we are able to deliver for them,” said David Malouf.
Of the residents sold the most substantial sales included a four-bedroom luxury apartment in Point Piper, two residences in the prestigious Bellevue Hill, one of which was sold at auction and a top floor three-bedroom apartment with views of Bronte Beach and the Pacific Ocean.
“Demand for high-end properties is showing no signs of slowing down any time soon, and these sales are just another example of the underlying strength of the prestige market which continues to remain extremely strong,” said David Highland, CEO of Highland Property Group.
Other sales throughout the frenzied week comprised a residence in Elizabeth Bay, a family home in Dover Heights and two deluxe properties in Randwick.
“We are witnessing properties that are well presented in prime locations being highly sought after and attracting premium prices, underpinning the unprecedented show of market confidence among Sydney’s prestige property sector,” concluded Highland.
Earlier in the month, Highland Double Bay Malouf facilitated the purchase of an uber-luxe apartment within Hannas and Golden Age’s $350 million The Harrington Collection in Sydney’s The Rocks for $19 million.
