Former David Jones boss Mark McInnes lists North Bondi penthouse

Former David Jones boss Mark McInnes lists North Bondi penthouse
Former David Jones boss Mark McInnes lists North Bondi penthouse

Former David Jones boss Mark McInnes is selling his dream North Bondi penthouse as he cuts ties with Sydney.

Having owned the three oceanfront Ramsgate Avenue apartments for over a decade, McInnes secured approval for a two level, trophy penthouse, but never got around to undertaking the project.

McInnes bought the first of the three apartments in mid 2007, spending $1.6 million.

He continued buying up the block later that year, spending another $4 million and $1.5 million, taking his total outlay to $7.1 million.

The retail head has been based in Melbourne since 2010, heading Solomon Lew's Premier Investments.

McInnes and wife Lisa Kelly upgraded in Toorak last year spending $12 million on a Stephen Akehurst-designed family home.

He has decided not to converted the apartments on the Ben Buckler Peninsula.

The architectural plans by the award-winning Nick Tobias of Tobias Partners will see the three adjacent apartments knocked through to create a three bedroom apartment spanning 345 sqm.

Former David Jones boss Mark McInnes lists North Bondi penthouse

It will feature a gourmet kitchen, three bathrooms and an ocean fronting entertainers terrace with uninterrupted views over the beach and ocean.

Tobias was the architect who designed the nearby home of Michael Darling, the scion of the establishment pastoral and mining family, who'd spent $14 million on a five storey 1930s Art Deco apartment block back in 2011 and converted it into his luxury compound on the rock shelf known as Mermaid Rocks

Raine & Horne Double Bay agents Ric Serrao and Udo Edlinger have set an October 6 auction.

It will be the last of McInnes's property in NSW.

Late last year he offloaded his Coalcliff weekender on the Illawarra beachfront for $3.35 million which he had bought for a record $2.5 million in 2007.

The couple wed in the Greek island of Mykonos in 2014, a few weeks after they actually married in a more private ceremony in Melbourne.

The couple celebrated his 50th and her 40th on the same holiday.

McInnes has listed at a buoyant time as James Packer recently sold on Campbell Parade for $29 million.

 

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