The penthouse at the top of Collingwood has a $4-$4.4 million price guide.

You’d feel on top of the world inside this state-of-the-art Collingwood penthouse.

The four-bedroom property at 801/2 Hotham St takes up the entire top floor, features panoramic views and was fitted out by award-winning interior designer Jean-Pierre Biasol.

Currently leased at $182,000 per annum, the property comes with a hefty $4-4.4 million price tag.

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The penthouse is at the top of this Collingwood development.

The spacious living domain.

Watch the world go by.

Nelson Alexander Fitzroy agent Arch Staver said the more than 450sq m penthouse ”was not sharing a space with anyone”.
”This is the genuine thing … and it’s finished to a standard I have not seen others finished to,” Mr Staver said.

“The developer planned for this to be his long-term home, so that’s one of the reasons it is so high end.

“It’s that spacious that you could have 200-300 people up there quite comfortably.”

The penthouse — which is on top of about 80 apartments — can be reached by a private lift that opens to a foyer belonging to the apartment.

Surrounding the entrance are three bedrooms, all with ensuites and the main with walk-in wardrobe, and a versatile home office or fourth bedroom with a kitchenette.

A hallway leads to the spacious living domain with a gas fireplace and a marble kitchen with Gaggenau appliances and a butler’s pantry.

The wraparound terrace can be accessed through glass doors from all rooms, while double glazed windows mean “you don’t hear noise or feel the temperature”.

The stylish home office.

One of the bedrooms.

The marble kitchen with Gaggenau appliances.

Mr Archer said the developer was overseas, and leased the penthouse for a number of years before deciding to sell.

“There’s about 3.5 years left on the lease,” he said.

“The property makes for a great short-term investment and, when you’re ready to pack up and move in, you can do so,” he said.

“It really is a high end apartment.”

Offers close 5pm August 30.

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