A sub-penthouse in Casino Towers (Apt 3803, 151 George St), recently sold at auction for just over $800,000. This was a large two bed apartment, about 130 sqm internal. It faced East, and did not have river views.
The owner/vendor purchased this apartment in August 2006 for $875,000, and so lost money.
The first owner purchased this apartment off the plan from Devine for $840,000 in 2005, and so over 6 years, this apartment went down in value.
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