'del Rio' Penthouse, Residence 5, 22-24 Billyard Avenue, Elizabeth Bay

Circa 1928. Dress Circle Waterfront Penthouse Showpiece with Jetty and Harbour Views

Offered for the first time in 25 years and set on approximately 1,470sqm. of estate-like grounds spanning the whole top floor, this grand north east facing trophy residence showcases unobstructed views across Sydney Harbour.

Designed by renowned architect J. Spencer-Stanfield in 1928, 'Del Rio' Penthouse exudes the charm and sophistication of old world Hollywood romance and glamour.

Meticulously maintained, this prestigious penthouse opportunity is one of just 5 whole floor apartments and offers level street access through secure wrought iron gates into a grand entrance hall. Elevator opens to your own private lobby and magnificent house-like apartment. This landmark offering bears all the hallmarks of a distinguished harbourside home including soaring ceilings, architectural elements, elegant period arched windows, custom joinery, banquet seating, dark timber floorboards and a statement limestone fireplace.

Wall to wall glass windows frame the extraordinary harbour views and fill the home with masses of all day natural light. Generous living and dining rooms, perfect for hosting dinner parties, adjoin the contemporary, European style master chefs kitchen with a free-standing Carrara marble island, Miele appliances and ample floor to ceiling cupboards.

Accommodation comprises of 3 spacious bedrooms including a crisp white lavish master-suite boasting magnificent views across Elizabeth Bay, extensive wardrobes, dressing room and a luxurious ensuite bathroom with free-standing bath. In addition, a sizeable second bedroom enjoys a sun-lit Juliet balcony. Additional attributes include a fully tiled mosaic bathroom, pet-friendly building and lock up garage.

Palm trees, exotic plants and luscious gardens surround this special home and at the harbour end of the level rolling pristine landscaped lawns lies a breath-taking swimming pool, outdoor entertaining area, and jetty for water vessel drop off and pick up. Neighbouring the iconic Elizabeth Bay House, this is a unique and rare opportunity to acquire the penthouse apartment within 'Del Rio', one of Elizabeth Bays most highly sought-after and tightly held prestige buildings.

Elizabeth Bay is a cosmopolitan and vibrant harbourside suburb in eastern Sydney located within 3kms of the CBD and within strolling distance of Potts Point's Parisian end of Macleay Street and some of Sydney's best restaurants, cafes, bars, boutiques and local markets. Located closely also to Beare Park, Arthur McElhone Reserve Australia's premier Cruising Yacht Clubs, and 3 km of elite schools.