Lumiere penthouse in Labrador is on the market for offers of more than $4.9 million.
Multimillionaire developer Soheil Abedian has canned the auction of his Broadwater penthouse and put it on the open market “priced to sell” at offers above $4.9 million.
The apartment crowning the Lumiere Private Residences building at 230 Marine Parade, Labrador, has been on the market since June with the auction originally scheduled for July 16.
Lumiere was built by Sunland group, owned by seller Soheil Obedian.
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But marketing agent Katrina Walsh of Harcourts Coastal said the recent lockdowns had led to a decision to put a price on the property.
“While the penthouse was initially intended to be auctioned this month, the extended lockdowns in Sydney have inhibited several interested parties’ ability to inspect the property,” she said.
It features Calacutta marble throughout.
“With this considered, we decided to postpone the auction and open the property to the market.”
Mr Abedian, who founded Sunland Group, and his wife Anne have called the waterfront 650sq m, three-bedroom penthouse in Lumiere home since the early 2000s when the 22-storey residential building was designed by Sunland.
The library is a quiet sanctuary.
While the Abedians spend much of their time abroad, Mr Soheil said the Labrador abode had been a haven for the couple.
“Apart from its location away from the hustle and bustle, my favourite feature of the property is the panoramic views which provide an ever-evolving, moving picture from every vantage point within the apartment,” Mr Abedian said.
The apartment has been the Abedians’ home for 15 years.
“We love to watch the change of the tides, boats mooring, the kite surfers, and even whales passing by. It is a marvel.”
Designed by Mr Abedian, the apartment has expansive open-plan living, dining, and entertaining areas, with luxury inclusions such as Calacutta marble and his signature gloss black limestone tiles. There is also a fireplace, library and media lounge and residents have full use of the building’s communal facilities.
It has several indoor and outdoor living spaces.
Ms Walsh said the Lumiere penthouse was a rare opportunity for buyers and had features worth well beyond its price tag.
She said that the Abedians had priced it to sell because they were keen to take up residency in the penthouse at Sunland Group’s latest project, 272 Hedges Avenue in Mermaid Beach.
Views of the Broadwater.
Mr Abedian, who has personally designed the penthouse in the sold-out Mermaid development, said: “I very much enjoy designing but I love designing for myself and it has been a lot of fun etching out the unique features that make up the setting for the incredible next stage of our lives together.”
The Lumiere building.
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