Mosman apartment within the Monarch development has sold for $1.44 million.
The two-bedroom home at 3.14/116 Belmont Rd, was listed with Robert Jacobs and Michele Jacobs of Raine & Horne Mosman.
“Due to high buyer demand, the property sold prior auction, and for well above the vendor’s expectations,” Mr Jacobs said.
“The owners had recently purchased the property as an investment for $1.06 million, and were over the moon with the exceptional result.”
Throughout the campaign, six contracts were issued, and more than 60 groups came through to inspect the home. “The majority of buyer interest came from locals, who were looking for their next home,” Mr Jacobs said.
“The new owners are a local executive couple who will live in the designer property.” Listed features of the new home include a custom design by the award-winning architect, Bates Smart, and developer Centuria.
The 82 sqm apartment also features a balcony with precinct views, a secure car space, and a storage space.