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When the twin towers constructed alongside Perth’s Ritz-Carlton hotel hit the market, they were billed as a luxury build, boasting panoramic Swan River views that justified the multimillion-dollar price tags.

The precinct, anchored by the hotel and complete with an infinity pool, fitness centre and sprawling penthouses, sat atop a host of high-end retail and dining precincts occupying prime real estate on the waterfront with views out to Kings Park.

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