Would you pay $150 million for a unit?

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A London apartment has hit the market with a price tag almost three times the size of Australia’s biggest residential sale.

The asking price for the apartment, which takes up the entire eighth floor of the exclusive One Hyde Park Complex, has been set at $150 million (£75 million)

That figure dwarfs the Australian record price for a house, the $57 million paid for a Perth mansion in 2009.

Even less impressive compared to the London price is the Australian record sale for an apartment, the $25 million paid earlier this year for a top floor unit in Melbourne’s yet to be built Australia 108 complex.

While the price tag may seem a bit over the top for a home that doesn’t have a backyard, the 863 square metre apartment does come with a few features that sets it apart from your typical unit.

Split into two wings and connected by a 50 metre long hallway, it features five bedrooms, four bathrooms, two kitchens, two reception rooms, a media room, separate service and resident entries and a study.

Residents of the unit are also entitled to 24 hour security and concierge services as provided by a neighbouring hotel and use of a library, business suites, entertainment room/dining area, private cinema, games room, wine storage, fully equipped gymnasium, swimming pool & spa facilities, underground storage and secure underground parking.

Despite all this, the sale would not even set the mark as the most expensive for a unit in the One Hyde Park Complex, a 2014 sale reportedly saw an apartment in the building sell for £140 million. 

Photographs from Savills

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