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$20 Million Illawang Penthouse is the Jewel in Tamarama’s Beachside Crown

By Mark Jessen - News Published: 3 Apr 2023

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No swanky lifestyle is complete until you have a penthouse suite with an equally impressive penthouse view. The newly built $20 million penthouse on the top of 20 Illawong Avenue, Tamarama, fits the bill perfectly. From its stunning height, you’ll be able to take in a magnificent 360-degree view of the South Pacific Ocean and the suburbs of Sydney.

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Looking at the architectural structure in all its glory, you’d be hard-pressed to find a property with a better location, and the story behind it isn’t bad either. The apartment building that now holds up the penthouse was originally built in the late 1960s, however, the new penthouse was added as a part of a major overhaul of the building—a renovation that also added ocean-facing balconies to all 78 of its apartments.

In addition to the three bedrooms with tree full bathrooms, you also get two living rooms and a total floor plan of right around 423 square meters. What about that 360-degree view? Well, it takes a total of five separate outdoor terraces to accomplish that, not to mention the floor-to-ceiling windows of the main living room. The interiors were designed by Pure, and it is readily apparent that they spared to expense in outfitting this penthouse suite.

In addition to the living spaces, the penthouse offers a media room and three parking spaces plus secure storage. An Italian-made spa plug pool from Ludovica and Roberto Paloma are also part of the offer. Plus, you’re within easy walking distance of Tamarama beach and Bondi beach, both of which you can view from the penthouse suite. Not that you’ll be wanting to leave your penthouse paradise—especially when you can enjoy the works of some of Europe’s most revered designers, like Rimadesio, Aline, Antonio Lupi, Roda, and the aforementioned Ludovica and Roberto Palomba.

If a $20 million penthouse just isn’t in the cards right now, you can still get in on some of the renovation with one of the other apartments being worked on. You’ll get a similar view—though not as spectacular of course—and you’ll enjoy the prime location. Either way, you’ll be living that swanky lifestyle you’ve always dreamed of with this stunning piece of real estate.

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