Woolloomooloo upgrade for rag trader Wassim Gazal

Woolloomooloo upgrade for rag trader Wassim Gazal
Woolloomooloo upgrade for rag trader Wassim Gazal

The veteran rag trader Wassim Gazal is set to upgrade at Woolloomooloo.

He has sold a 157 square metre three bedroom apartment on the wharf's second floor for $2.85 million and bought a nearby townhouse apartment with marina berth for $5.55 million.

It was secured through Juzcorp, the company that he co-directs with brother, Ziab, who has a fourth floor wharf apartment.

The apartment acquisition was through BresicWhitney agent Nic Krasnostein from Gaby Kennard who paid $3.31 million for the waterfront position in 2013 and had Jonathan Richards from SJB Architects to completely rebuild.

This article first appeared in The Daily Telegraph. 

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