Fortis’s $67m Sydney sales surge over two weeks

The $67m in sales included five off-the-plan transactions at 55 William, Double Bay. Luxury apartment developer Fortis has notched up more than $67m in sales in just two weeks, defying the current property slump. The tally, from mid September, includes just under $60m in residential transactions at their upcoming projects at 55 William in Double Bay and Verano in Rose Bay, plus a commercial sale for $7.3m at the recently completed Ruby House in Double Bay. The specific residential sales ranged from a two-bedroom apartment for $4.5m up to $17m to a local downsizer for the penthouse at 55 William via Fortis agents Johnny Marusic, Niki Filipovic and Anabelle Nader. The developer refused to disclose the identity of the penthouse purchaser, though other sources revealed it was property developer Peter Campbell, managing director of Lindsay Bennelong, who also founded Clarendon Homes. Fortis Associate Director Avalon Nethery said the recent transactions demonstrate that while buyer behaviour has evolved, demand remains strong for quality property backed by developers with a proven track record of delivery. MORE: Dubai flight highjack Aussie victims just paid out $75m The penthouse at 55 ...