A Chinese businessman splashed out 25 million AUD (119 million RMB) on Australia’s most expensive apartment, located in the currently unfinished Australia 108 Tower—soon to be the tallest building in Melbourne.
The lavish 800-square-meter penthouse takes up the entire top floor of the apartment block, which is slated to be completed in 2019. The developers of the building had even thought about not including the multimillion dollar apartment and doubted that a buyer could be found.
But oh, were they wrong. We wouldn’t be surprised if the future homeowner, who remains unidentified, paid upfront with a neatly stacked wall of cash.
Andrew Leoncelli, the managing director of CBRE Residential Projects Victoria, said in an ABC News report that “We fought very hard to include it. We believed there had to be a buyer for it as an expensive trophy for a very well-heeled international businessperson, and that’s what’s happened,” he said.
He added that the buyer is a “very private and extremely wealthy” Chinese national who has homes in New York, London and various parts of China. He’ll stay in the 25 million dollar apartment for all of the three months that he spends per year in Melbourne.
Chinese media sites were likewise unable to confirm the identity of the mystery businessman.
The buyer is working with designers to customize his new digs, adding necessities such as a glass elevator (to travel from the 98th floor to the 100th floor), a “dramatic” three-story staircase and a private rooftop courtyard covered by a rectangular glass box.
Last month, it was reported that a Chinese businessman purchased one of Vancouver’s most expensive mansions for a princely 51.8 million CAD (256 million RMB).
The recent spate of splurging by Chinese nationals abroad prompted one Weibo user to comment: “While Chinese are getting so rich, why don’t they do some charity work? Rather than contribute to (the economy of) other countries…”