Westpac senior executive George Frazis buys in Potts Point

Westpac senior executive George Frazis buys in Potts Point
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.

Tags: 
Potts Point Residential Investment

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