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Back The Penthouse/16 The Righi
Off Market

The Penthouse/16 The Righi

South Yarra VIC 3141

3
4
9
Apartment
Alan CrawfordAlan Crawford, last sold this property on 30 June 2026 after -69 days on market.

Overview

Full-Floor Penthouse with Basement Retreat

Designed by Wood Marsh, this penthouse operates at a scale rarely seen in apartment living. Spanning approximately 890sqm, the residence extends beyond a typical upper-level format, incorporating private rooftop terraces and a full-floor basement level creating a multi-layered home rather than a single-plane penthouse. The primary living zones are defined by proportion and finish, with parquetry flooring, an open gas fireplace and an integrated bar forming a cohesive central space. Full-height glazing opens to expansive terraces, framing uninterrupted views across Melbourne's skyline and reinforcing the connection between internal living and outdoor entertaining. Material selection is consistent and deliberate throughout. The kitchen combines natural stone with Wolf, Sub-Zero and Pitt appliances, supported by a butler's kitchen and walk-in cool room. Bedrooms are resolved with silk and bamboo carpets, while ensuites feature full slab travertine alongside Vola and Agape fixtures. Below, the private basement level introduces a secondary lifestyle layer gym, sauna, bar and a 1600-bottle wine cellar paired with gallery-style parking for over nine vehicles. A fully integrated Crestron system ties the residence together, delivering control without disrupting the architectural intent.

Features

3 bedrooms
4 bathrooms
9 carspaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in South Yarra over the last 12 months, the estimated median property value of The Penthouse/16 The Righi is $1.41m.

Median value
$1.41m
Estimated value range
$647.5k - $7.3m
Median days on market
39
Estimated value trend
4%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Yarra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for The Penthouse/16 The Righi

2026
Sold
Undisclosed
Private Sale/Treaty on 30 Jun 2026 by Alan Crawford, of Marshall White - Stonnington

Happy sellers in South Yarra

84%
84% of sellers in South Yarra reported that their sale price either exceeded or met their price expectations.

South Yarra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 46 reviews in South Yarra over the last 12 months.

Local market activity for 3 bedroom apartments in South Yarra

In the last 12 months, 42 three-bedroom apartments similar to The Penthouse/16 The Righi, have been sold.

This represents a 32% increase in three-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Yarra

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Mark Konishi

Mark Konishi is a recommended agent for South Yarra.  They have 34 local sales and collected 27 local reviews across the last 12 months.

  •   4.9   (338 reviews)
  •  27 Reviews in South Yarra
  •  34 Sales in South Yarra
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Tina Chauhan

Tina Chauhan is an award winning recommended agent for South Yarra.  They have 10 local sales and collected 14 local reviews across the last 12 months.

  •   4.8   (33 reviews)
  •  14 Reviews in South Yarra
  •  10 Sales in South Yarra
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Grant Wallace

Grant Wallace is a recommended agent for South Yarra.  They have 31 local sales and collected 11 local reviews across the last 12 months.

  •   4.9   (278 reviews)
  •  11 Reviews in South Yarra
  •  31 Sales in South Yarra
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Dion Besser

Sellers who recommend Dion Besser have praised them for being local expert, clear communication, supportive, dedicated, responsive, reliable and great negotiation

  •   4.9   (109 reviews)
  •  7 Reviews in South Yarra
  •  12 Sales in South Yarra
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