The sale of the Elan penthouse for $6 million marks a defining moment for luxury apartment living on the South Coast, setting a new benchmark for Kiama and reaffirming the growing demand for exceptional coastal residences.
Purchased by local buyers who have travelled extensively and experienced some of the world's finest addresses, the penthouse stood apart for its uncompromising quality, generous proportions and unrivalled coastal setting. Their decision was simple: after seeing what Elan has to offer, they believe it compares with the very best luxury residences anywhere in the world.
It is a powerful endorsement not only of the penthouse itself, but of the vision behind Elan.
Designed as an exclusive collection of just 20 boutique residences, Elan has been created for those who value privacy, craftsmanship and a lifestyle that is both luxurious and refreshingly uncomplicated. Comprising 19 expansive three-bedroom residences and one spectacular penthouse, every apartment has been thoughtfully designed to maximise space, natural light and breathtaking ocean views.
Award-winning PBD Architects have crafted residences that embrace timeless architecture and refined interiors, delivering homes that feel both sophisticated and deeply connected to Kiama's extraordinary coastal landscape.
Life at Elan is defined by moments rather than excess. The first light over the ocean. A morning swim. Long lunches shared with family and friends overlooking the water. It is a place where beauty, calm and elegance become part of everyday living.
The name Elan reflects exactly that-a sense of effortless style, confidence and a life well lived. Nestled in a quiet street in the heart of Kiama, it offers the rare combination of boutique exclusivity and the ease of luxury apartment living, allowing residents to enjoy more of what matters while leaving behind the maintenance of a traditional home.
The record-setting penthouse sale demonstrates that discerning buyers increasingly recognise the value of world-class design in one of Australia's most sought-after coastal destinations. It also highlights a broader shift in the market, with premium downsizers and lifestyle buyers seeking residences that deliver uncompromising quality without compromise on space or location.
For those considering their next chapter, Elan represents a rare opportunity to secure a home within a truly exclusive development. With only 20 residences, opportunities of this calibre are exceptionally limited.
As the penthouse sale has shown, the finest coastal living is no longer something buyers need to travel the world to find. It is here, in Kiama.
