Aussie John Symond sells another Elizabeth Bay investment apartment

Aussie John Symond sells another Elizabeth Bay investment apartment
Aussie John Symond sells another Elizabeth Bay investment apartment

It took the mortgagee broking pioneer Aussie John Symond less than a week to find the $5.25 million buyer of another of his Elizabeth Bay investment apartments, this one vacated by his London-based son, Stephen.

With 246 sqm internal space, the three bedroom, three bathroom apartment cost $2.9 million in 2012, so reflected 10 percent annual price growth.

It was in the same block where he secured a recent $7.25 million sale.

Symond retains just the one in the complex set opposite Del Rio where Crown boss John Alexander recently sold the penthouse to property developers Michael and Prue Williams.

They sold their Tarana, Potts Point Italianate triplex apartment to power couple David Maloney, a partner at Allens, and his wife, Infrastructure NSW executive director Erin Flaherty for $8.5 million.

Alexander will base based at Robertson in the Southern Highlands, and possibly has picked up a Barangaroo apartment where James Packer spent $60 million for a whole floor.

Packer has sold his $29 million Bondi Beach paid to Medich hotelier family.

This article first appeared in The Sunday Telegraph

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