Westpac senior executive George Frazis buys in Potts Point

Westpac senior executive George Frazis has bought a inner city investment bolthole in Potts Point.

He's paid $1,665,000 for the Lynn Malone-designed two level apartment (above) on the Rockwall Crescent cul de sac.

Set on the top floor of a boutique block on nine, the apartment has just the one bedroom with two bathrooms.

There's a rooftop garden terrace in the apartment which sold off the plan at $880,000 in 2013.

Frazis, formerly the St George Bank chief executive, sold a three bedroom apartment in Bondi's Beach House for $6.5 million last month.

He resides an $8 million two level penthouse, also in Bondi.

Down the road entrepreneur Jennifer Zanich, having sold in Kurraba Point, has paid $1.98 million for a contemporary Challis Avenue apartment in a Tonkin Zulaikha Greet designed building.

Marketed as a house-like residence by Di Jones selling agents Jeremy Brink, the double height apartment has two bedrooms and two bathrooms.

Garage-style operable doors open to an urban rooftop garden.

Zanich left Kurraba Point where she sold her four bedroom Shellcove Road home for $8.11 million after asking $7 million.

She had owned it since 1998 when she paid $2.42 million.

Last year Zanich took over as managing partner at US start-up lab Stacked Venture Builder.

This article first appeared in the Sunday Telegraph.