Market Chatter: Mirvac Group Sells Three Sub-Penthouses in Harbourside Residences for AU$64.5 Million

MT Newswires Live
16 Apr

Mirvac Group (ASX:MGR) has sold three sub-penthouses in its Harbourside Residences tower in Sydney for a total of AU$64.5 million, The Australian reported Tuesday, without disclosing its source.

The four-bedroom properties are each priced AU$24.5 million, AU$20 million, and another AU$20 million. They are on level 46 of the 48-story tower and are the only sub-penthouses in the luxury development. The tower remains under construction and is expected to be completed in late 2027.

Mirvac has so far sold AU$100 million worth of apartments, including the three sub-penthouses, since the AU$600 million in pre-sales recorded last November 2024. The company disclosed AU$700 million in sales at Harbourside in February this year.

The Australian property group did not immediately respond to a request for comment by MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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