£30m Mayfair penthouse is sold to mystery buyer

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Hannah Al-Othman17 December 2015

A £30million Mayfair penthouse - complete with its own library and art gallery - has sold to a mystery buyer.

The luxury nine-room pad, in exclusive Albemarle Street, one of Mayfair's oldest roads, was on the market for £26,500,000 and boasts of 71 luxury retailers within walking distance.

The 5,845sq ft three-bedroom family home is thought to be one of the most expensive properties sold in the capital this year, and comes with an annual service charge of £61,000.

The property was sold with the aid of a glossy 136-page brochure, featuring interviews with chef and former director of The Ivy Mark Hix, Sotheby’s auctioneer Oliver Barker and art dealer and Sadie Coles, whose gallery is in South Audley Street.

The identity of the wealthy buyer has not been revealed, but agents previously said they expected the plush penthouse to go to someone young, with 42 per cent of those who purchase property in Mayfair aged between 25 and 45 years old.

Speaking prior to the sale, estate agent Peter Wetherell said: “People are buying much younger and part of that is people are making money in the internet age. You don’t need a generation to make money.

“It’s the new trend. In the sixties it was Americans buying in Mayfair and in the seventies it was people from the Middle East. The only trend now is that buyers are getting younger."

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