The highly anticipated Motorola Razr flip phone was originally expected to arrive in Australia sometime this month, but it’s now been officially confirmed to be available for purchase from February 24.

But some fans may be surprised at the significant price, set to cost fans of the popular retro model back $2,699.

motorola razr 1 Official Date Of Release Confirmed For Motorola Razr

It’s still $300 cheaper than Samsung’s Galaxy Fold device, however, which will be retailed for $2,999.

The new Motorola Razr will feature a mid-range Snapdragon 710 chipset, a relatively small 2,510mAh battery, alongside 128GB of storage, 6GB of RAM and a 6.2-inch HD display.

Motorola’s revamped flip phone, Razr, can be pre-ordered from their official online store and JB Hi-Fi.

Screen Shot 2020 01 28 at 2.06.41 pm Official Date Of Release Confirmed For Motorola Razr

(Photo: Motorola, YouTube)