Stunning Waterfront Penthouse with 270° harbour views

A LANDMARK penthouse with incredible Sydney Harbour views is being offered to the market for the first time in approximately 50 years via auction, at “Oceana” 108 Elizabeth Bay Road, Elizabeth Bay.

The property, with a price guide of $5M, occupies a half level at the prized northern end of “Oceana”, a landmark waterfront building standing on the most northern point of the Elizabeth Bay peninsula, one of Sydney’s best harbour vantage points.

Ray White Elizabeth Bay Principal Ian Campbell said the waterfront location of the penthouse, the jaw-dropping views and the facilities would be key drawcards for potential buyers.

“Capturing a 270° Sydney Harbour panorama from its spectacular position, the penthouse has uninterrupted views to the Harbour Bridge, Opera House and city skyline,” Mr Campbell said.

“The view stretches east across Rushcutters Bay to Darling Point and north across the main harbour to Manly and The Heads.

“Every room has a view. The penthouse has an entry foyer, large living and dining areas, sunroom, study/library, main bedroom with ensuite, two more double bedrooms, kitchen, powder room, laundry, four balconies, sunny garden terrace and secure parking for two cars.”

Mr Campbell said the penthouse that comes in a block of 55 owner-occupied apartments, offered buyers transformation opportunities.

“This incredible penthouse really would be a dream property for a number of people. Being a restricted company title building, current residents genuinely appreciate where they’re living,” he said.

“The penthouse offers exciting possibilities for modern transformation, presenting an incredibly rare opportunity in this tightly held waterfront building.

“Buyers can also enjoy the setting in the manicured common gardens with shared harbourside pool, cabana, change rooms, barbecue area, kayak storage area and private jetty.

“It will appeal to people wanting a premium Sydney base, domestic and international city pad buyers as well as downsizers from a substantial family home who want to move to within a short distance of Sydney CBD.”