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The Skyhouse at Sydney’s The Rocks hits market for $30 million

An unparalleled three-level penthouse with sweeping harbour views, wellness spa, and superyacht-inspired rooftop redefines luxury living Soaring 43 storeys above the historic precinct of The Rocks, Sydney’s prestigious Skyhouse penthouse is now on the market with a price guide of $30 million. This palatial three-level residence boasts a private elevator, a state-of-the-art wellness spa, a rooftop terrace inspired by superyachts, and self-contained staff quarters — all combining to offer a lifestyle of unrivalled luxury and privacy. Situated atop The Cove, a landmark building designed by celebrated architect Harry Seidler in the early 2000s, The Skyhouse commands breathtaking 270-degree views over Sydney Harbour. From this vantage point, owners can take in iconic city landmarks as well as the distant Blue Mountains, making it a true jewel in the city’s luxury real estate crown.

A Landmark residence with a storied history

Owned for approximately 15 years by Rod Salmon — CEO of COHO Property, former hotelier, race car driver, and superyacht owner — The Skyhouse carries a legacy of sophistication and exclusivity. During its previous listing in 2018, the penthouse attracted high-profile interest, with rumours linking Nicole Kidman and entrepreneur John “Aussie” Symond to potential purchase discussions. The residence has also served as a premium rental, reportedly leased to a Kuwaiti billionaire for $8,000 per week.

While the penthouse was once listed at $21 million, the current asking price reflects a comprehensive renovation by renowned architect Stefan Elliott. The refurbishment masterfully blends mid-century modern design with gallery-quality interiors featuring tactile stone, brass accents, and bespoke joinery — elevating the residence into a true architectural masterpiece.

Chana Levy, director of Levy Property Group, who is marketing the penthouse alongside co-agent Nathan Antunes, highlights the significance of the home in Sydney’s luxury market. “This residence is more than a home — it’s a landmark in Sydney’s luxury landscape,” Levy said. “We’re seeing growing demand from global buyers seeking the scale of a private estate combined with the security, exclusivity, and waterfront access that only a penthouse like this can offer.”

Luxurious living spaces designed for comfort and elegance

Spanning 687 square meters, The Skyhouse delivers exceptional value, priced at approximately $43,000 per square meter — considerably lower than the $100,000+ per square meter seen in comparable local sales. Nathan Antunes, former race car driver and luxury property expert, describes the apartment as “a collector’s piece,” underscoring its uniqueness even in Sydney’s prestigious market.

The entry-level floor houses the primary living areas, including an expansive lounge and living room with floor-to-ceiling glass walls opening to a side balcony, perfect for admiring the harbour views. Adjacent to this is an elegant dining area and a stylish cocktail bar, designed to accommodate sophisticated entertaining.

The gourmet kitchen is a chef’s dream, featuring a large island bench, premium appliances, and a concealed chef’s kitchen with butler’s entry. This level also includes a guest suite, office, or staff quarters with private access, a bathroom, and a kitchenette, ensuring flexibility and convenience for both residents and visitors.

The accommodation floor is dedicated to ultimate comfort and luxury. The primary suite resembles a five-star hotel room, with a large ensuite, dressing room, and a private balcony facing the harbour. A spa area on this floor boasts a jacuzzi, glam corner, and space for massage treatments, creating a serene wellness retreat. Additional bedrooms each feature deluxe ensuites, and a gym and home office are also located on this level.

A rooftop sanctuary inspired by Superyachts

The crowning glory of The Skyhouse is its top-floor terrace, designed to evoke the deck of a superyacht. This breathtaking outdoor space includes a bar, spa, sauna, and uninterrupted panoramic views of Sydney Harbour — ideal for both entertaining guests and relaxing in privacy.

Additional features of the penthouse elevate the lifestyle experience further. Smart home automation controls lighting, climate, security, and entertainment systems, while a three-car secure garage and 24-hour concierge service provide convenience and peace of mind. Residents also enjoy access to building amenities such as a swimming pool and a fully equipped gym.

Exclusive invitation only viewing

Levy Property Group will host a private, invitation-only event at The Skyhouse on Thursday, May 22, offering prospective buyers and their agents a rare opportunity to experience this exceptional home firsthand.

With its combination of iconic architecture, luxurious finishes, breathtaking views, and unparalleled lifestyle features, The Skyhouse represents a unique chance to own a landmark Sydney residence — a true pinnacle of luxury living in one of the world’s most sought-after locations.

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