Ian Kortlang sells Carisbrooke, Potts Point penthouse

The veteran spinmeister Ian Kortlang has secured $2.2 million for his Potts Point company-title block Carisbrooke penthouse.

Title Tattle recalls when Kortlang bought the seventh floor 180 square metre penthouse for $1.58 million in 2008 when he upgraded from the third floor which had been his bolthole for two decades.

The former Department of Foreign Affairs diplomat was chairman of the Potts Point company-title block for several years, overseeing the upgrade of the neo-classical block on Springfield Avenue.

Kortlang, the chief of staff to NSW Premier Nick Greiner, bought the penthouse in 2008 from the Perth-bound Edward Peel, a stockbroker at JP Morgan, and his wife, Abigail.

There was a $2,596 quarterly levy, plus the five-year-long $3,489 quarterly special fire-safety levy, which stopped many potential buyers from pursuing their initial interest in 2008. The latest marketing gave the levies as maintenance $3,000 per quarter and sinking fund $3,229 per quarter.

The inter-war free classical-style apartment complex was built in 1920.

The apartment was sold by Richardson & Wrench Potts Point agents Jason Boon and Geoff Cox.

In 2011 Kortlang sold his 18th-century stone French farmhouse, north of Aix en Provence after a decade ownership. 

Now splitting his time between Sydney and Perth, Ian Kortlang is chief executive at Ulysses Strategic, providing advice especially to African mining companies.