Five million dollars will buy what are probably Christchurch’s priciest apartments – the penthouses in the planned luxury Cathedral Towers.

The first of the two duplex apartments is being advertised now with barbecue decks, spa and lap pools, high-tech controls, car lifts and electric car-charging. They will sit atop the 15 and 12 storey buildings consented late last year for 26 Cathedral Square.

Work on the $60 million project is scheduled to start in April or May with the first apartments due for completion late next year. The two towers, the first new buildings for Cathedral Square since Canterbury’s earthquakes, are planned by developers REV3 for the cleared site between the Heritage and former Millennium hotels.

Read the full story here.