New St Kilda Road Apartment Record

An undisclosed international business identity has paid a record $8.59 million for a luxury St Kilda Road apartment.

The sale price eclipses the $8.325 million record set by Wimbledon ace Lleyton Hewitt in 2005, for the Yve penthouse on levels 19 and 20, at 576 – 578 St Kilda Road.