laitimes

Australia's most expensive rental is here! The rent is $1.3 million per year, and the deposit is $100,000, which is more expensive than buying a suite

RealEstate reported on August 8 that a landlord in Sydney is renting out a luxury property at a rent of A$1.3 million per year, which can buy an ordinary house in Sydney.

According to the report, the three-storey Victorian-style property has harbour views of Point Piper and Mosman, and rents for up to $25,000 per week.

According to PropTrack, this could be more expensive than buying a Sydney property – the current median home price in Sydney is $1.118 million.

Australia's most expensive rental is here! The rent is $1.3 million per year, and the deposit is $100,000, which is more expensive than buying a suite

(Image source: RealEstate)

Tenants are required to pay a $100,000 deposit in addition to the $1.3 million/year rent.

This luxury property at 6 Victoria Rd features a spacious marble entrance hall, staircase and high ceiling panels, with a mix of herringbone and wide timber flooring.

Australia's most expensive rental is here! The rent is $1.3 million per year, and the deposit is $100,000, which is more expensive than buying a suite

(Image source: RealEstate)

Outdoor facilities include a large tennis court, resort-style pool and sun-drenched terrace while enjoying iconic views.

SydneySlice's Deborah West said this type of property for rent is very rare.

"It's very rare to have a rental property with tennis courts, large plots and estate-style properties," she says. ”

Australia's most expensive rental is here! The rent is $1.3 million per year, and the deposit is $100,000, which is more expensive than buying a suite

(Image source: RealEstate)

West also said the property has been held by the same family for a long time and as the owners are planning to go on a long trip, they have decided to rent out the property and are only interested in long-term tenants, offering a six- or 12-month lease.

"Most of the people who come in for advice at the moment are local potential tenants or overseas executives who are planning to move to Sydney."

Australia's most expensive rental is here! The rent is $1.3 million per year, and the deposit is $100,000, which is more expensive than buying a suite

(Image source: RealEstate)

The property consists of 5 double sized bedrooms, each with its own bathroom and lounge or study.

West added: "It's strategically located close to the infrastructure of Double Bay and the views are magnificent. ”

You can choose to be furnished or unfurnished.

"He can provide high-end luxury furniture to potential tenants who may have moved from overseas but are unfurnished."

Australia's most expensive rental is here! The rent is $1.3 million per year, and the deposit is $100,000, which is more expensive than buying a suite

(Image source: RealEstate)

The kitchen is Victorian with white wooden furniture with marble countertops and marble islands, as well as two refrigerators and has a pantry and a bar fridge. In addition to this, there are spacious entertainment and living areas, a large room with double French doors and a spacious wine cellar.

Australia's most expensive rental is here! The rent is $1.3 million per year, and the deposit is $100,000, which is more expensive than buying a suite

(Image source: RealEstate)

In the formal living and dining areas, the view can be enjoyed through tall glass windows. In addition, there is a secondary casual dining and living area, as well as a double-lock garage.

Read on