Penthouse sells for $4.1m just weeks after launch to market

A $4.1 million penthouse sale was achieved in Azure’s One Earle Lane just weeks after its launch to market.

One Earle Lane by Azure, located in the booming suburb of Toowong, offers a sophisticated collection of residences that deliver a unique blend of luxury and contemporary living.

The 8.01 penthouse features an 18.3-metre frontage, 3-bedrooms, 2.5-bathrooms, multiple living areas, home office, a large north facing balcony, and three-car accommodation has captivated the attention of discerning buyers.

The penthouse boasts a grand kitchen comprising a butler’s pantry and dedicated wine bar. The spacious open-plan living and dining area effortlessly transition to the generously sized north-facing balcony.

The master suite includes an expansive walk-in wardrobe and ensuite, opening to a private terrace offering breathtaking park and city views.

“One Earle Lane has received tremendous interest to date, and the recent sale of the penthouse is a testament to the superior product that Azure brings to the Brisbane market,” said Trent Keirnan, director of Azure.

Azure enlisted Simon Caulfield of Place Estate Agents, one of Queensland’s top agents, to sell the luxurious residence.

After searching for a penthouse style residence in the local area, the eventual purchaser downsizing from Paddington saw One Earle Lane as the best option without compromise. One Earle Lane is not just a luxurious residence, but an investment in one of Brisbane’s premier residential offerings, featuring exclusive rooftop amenities and wellness experiences. 

“The main selling point for One Earle Lane was that despite the buyer having the resources and the option to purchase a river-view apartment, they chose One Earle Lane due to its attractive offerings such as the extensive amenities, top floor corner position, uninterrupted city and park views, and the design and finishes,” said Simon.

The development offers indulgent amenities for residents including private dining, cinema, gymnasium, yoga studio, sauna, steam room, hot and cold plunges, and a 25-metre heated lap pool.

“There is confidence in the completion of One Earle Lane by Q1 2025. 

"Additionally, the buyer was considering a nearby development which did offer river views but was swayed by the opportunity and location of the penthouse at One Earle Lane, emphasising that a river view wasn’t the sole determining factor.”

Azure’s active portfolio, valued at over $500 million, Oakmont, One Five Six and Dahlia with a future pipeline exceeding of $1.3 billion.

With architecture and interior design by the internationally renowned, Paul Conrad Architects, and constructed by 5Point Projects, One Earle Lane is on track for completion at the start of Q1 2025.

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