Russell Crowe Lists Stunning Sydney Seaside Apartment for $50M
Russell Crowe Lists Stunning Sydney Seaside Apartment for $50M.
In 2003, when Russell Crowe was at the peak of his movie career, he snagged an amazing apartment right on the water at Finger Wharf in Woolloomooloo, Sydney, his hometown in Australia. He dropped around $14.35 million on it, and now he’s looking for an off-market buyer with a price tag between $42 million and $50 million.
That’s quite a jump from what he originally paid, especially considering he tried to sell it for $30 million back in 2017 but turned down a $25 million offer. There were also rumors in 2018 about him rejecting a $13 million bid for two units in the property, which used to be four separate luxury apartments before the previous owner merged them. However, Crowe's team denied these claims, stating the home wasn’t on the market at that time.
Regardless of the price, the apartment is stunning. While there aren’t many photos available, it’s said to cover over 10,700 square feet, featuring 11 bedrooms, a private dock, and an elevator. Crowe even added a Scandinavian-style sauna to the balcony in 2021, which cost him about $10,000. Over the years, he’s personalized the space with a collection of fine art, mainly from the Renaissance period, and the ocean views are breathtaking.
Now, after more than 20 years in the place, Crowe seems ready to sell, as long as he finds the right buyer. He’s reportedly got some business associates working on the off-market listing, although that hasn’t been officially confirmed yet.
Check this out: The real estate values at Finger Wharf have skyrocketed since Crowe bought the place. Back in 2003, he shelled out $14.35 million for it, making it the largest single apartment sale in Sydney's history at the time. That record has been completely smashed now, especially with the recent sale of the penthouse at One Sydney Harbour going for nearly ten times that price.
Russell Crowe's decision to list his incredible Sydney apartment reflects the property's immense value and appeal. With breathtaking ocean views, luxurious features like a private dock and Scandinavian-style sauna, and a history of impressive art collections, this home is a true masterpiece.
The significant appreciation in real estate value at Finger Wharf further highlights the property's desirability and Crowe's savvy investment. As he seeks the right buyer, this listing stands as a testament to both his success in the entertainment industry and his ability to choose prime real estate. Whoever secures this stunning apartment will own a piece of Sydney’s luxury living.
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