Adelaide’s Most Opulent Apartment
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Adelaide’s Most Opulent Apartment

The stunning full-floor penthouse comes with a $10m price tag — and represents the newfound allure of the SA capital.

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Mon, Nov 8, 2021 5:07pmGrey Clock 2 min

Adelaide is fast shirking its ‘small city’ reputation with a luxurious new penthouse set atop the new 37-storey Market Square tower set for the city’s CBD.

The impressive $10 million Skyline penthouse (designed by the internationally renowned Woods Bagot) delivers 935sqm across four bedrooms, three bathrooms and nearly 300sqm of outdoor living space — served with panoramic views of Adelaide’s CBD, Hills and across the beaches and water.

The offering presents a rare opportunity to live in the cultural and historic heart of Adelaide’s vibrant CBD – with further heritage value and appeal attached to the 150-year history of the Central Market location.

While the penthouse takes centre stage in this once-in-a-generation build, the sub-penthouses also step onto this prized podium as two level 36 offerings comprising 3-bedroom and which start from $5.2 million.

Further to the amenities presented by these properties, Market Square itself will deliver exclusive access to a residents’ lobby bar, health and wellbeing zone, library, cinema, outdoor kitchen and private dining room, car wash, EV charging stations, cool room and parcel storage, dog wash as well as an on-site childcare centre.

The elevated appeal of the property aligns to that of Adelaide itself — a city on the ascent with heightened liveability credentials and a priority market that boasts a 19.1 per cent rise in prices in the 12 months to September.

Such rising popularity pushes a fast deadline in regards to securing a piece of one of Market Square, with more than 80 per cent of the 212 apartments – set to occupy levels 16-37 – already sold.

A 251-room hotel will operate across lower levels of the development while an 11,000sqm retail centre and a further 15,000sqm of office space is also allocated.

The Market Square project redevelops a central area that is bordered by Gouger and Grote Streets, the Samuel Way courts complex and Hilton Hotel on one side the historic market – the latter established in 1869 and which still operates and is not part of the new development.

Headed by developers ICD — think Aspire Melbourne and City Tattersalls Sydney, among others — construction will commence in 2022 and is scheduled to complete in three and a half years.

marketsquareadelaide.com.au



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The home in the village of Sagaponack has plenty of balconies to take in the surrounding water views

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A waterfront home in the Hamptons village of Sagaponack, New York, is on the market for the very first time.

Asking $25.95 million, the gray shingle-style home was built in 2008 by the seller and has since been available as a summer rental, but it’s never been up for sale.

Designed by architect Faruk Yorgancioglu, the “waterfront home offers privacy and panoramic beauty that cannot be duplicated under today’s zoning laws,” said co-listing agent Marilyn Clark of Sotheby’s International Realty – Bridgehampton Brokerage.

Jaime Lopez for Sotheby’s International Realty

The seller bought the property, which at the time had two small structures, at auction in 2005 for approximately $2 million, according to co-listing agent Deborah Pirro of Daniel Gale Sotheby’s International Realty. Mansion Global could not contact the seller.

The home hit the market Thursday, and in addition to Clark and Pirro, it is co-listed by Raquel Lopez of Sotheby’s International Realty – Bridgehampton Brokerage and Diane Anderson of Daniel Gale Sotheby’s International Realty.

Spanning 6,000 square feet, the home is filled with bright interiors, which were designed by New York-based interior designer Steven Gambrel. The open gourmet kitchen flows into a casual dining area and a living space with a fireplace, which is one of two double-sided fireplaces in the home, Pirro said.

A sunroom overlooks the water.
Jaime Lopez for Sotheby’s International Realty

“The placement and scale of fireplaces throughout the home is perfection,” she added.

A separate dining room has French doors that open onto a deck, listing photos show.

There are six en-suite bedrooms, including two primary bedrooms. The larger of the two is its own private retreat, outfitted with a fireplace, a sunroom and a large balcony, offering a space to watch the sun set over Sagaponack Pond, according to Sotheby’s.

Jaime Lopez for Sotheby’s International Realty

The home sits on a little more than an acre of waterfront land, bordering Sagaponack Pond, where there’s a private dock, and looking out at the Atlantic Ocean in the distance.

“The location on the pond with the view of the ocean waves breaking is spectacular and unique,” Clark said. “You are close to beaches and the Sagaponack General Store. It is a quick paddle to the famous Sagg Main Beach.”

Other outside amenities include a gunite swimming pool and a hot tub, which are surrounded by a spacious deck, as well as a pool cabana, which has a full bathroom, changing rooms and a sauna. There’s also multiple balconies, decks and a screened porch overlooking the pool, striking a balance between indoor and outdoor living.

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