NSW real estate: Kirribilli two-bedroom apartment with incredible view of Sydney sold at auction for $6.1m

A two-bedroom, two-bathroom penthouse apartment in Kirribilli, with sweeping views of Sydney Harbour has sold at auction for $6.1 million in a weekend that bought property hunters out across the country.

The stunning apartment in the prestigious ‘Gainsborough’ tower piqued the interest of four registered bidders at Saturday morning’s auction.

Located at the exclusive tip of the Kirribilli peninsula, the modern apartment at 31/50 Upper Pitt Street boasts views of harbour icons, including the Opera House and the Harbour Bridge, from every room.

“It’s got the best views in Kirribilli, it’s in a tightly-held building, and it hasn’t been sold in 46 years,” said listing agent Nigel Mukhi of Di Jones, Neutral Bay.

Mr Mukhi said stock in the area, which is dominated by owner-occupiers, was “pretty tight.”

“This building in particular is very tightly-held,” he said.

On Sunday, CoreLogic recorded a preliminary auction clearance rate for Sydney of 68 per cent from 447 reported results, down from 69.4 per cent the previous week. It is the second week running, where the preliminary clearance was below 70 per cent.