Ray White number one agent Gavin Rubinstein splashes out in Potts Point

Ray White number one agent Gavin Rubinstein splashes out in Potts Point
Ray White number one agent Gavin Rubinstein splashes out in Potts Point

Ray White sales agent Gavin Rubinstein, the number one agent with the real estate giant, has bought a Potts Point investment apartment.

He's gone off-market to pay $1.88 million for a 120 sqm apartment in the Rockwall building on the Macleay Street dress circle.

He has been a resident on nearby Wylde Street in what has been a $2200 a week rental.

Ray White number one agent Gavin Rubinstein splashes out in Potts Point

The contemporary apartment, last traded for $1,275,000 in 2014, has two bedrooms, a marble kitchen and a balcony off the open plan living and dining area.

Rubinstein is seeking a tenant at $1,350 a week, which would reflect a 3.7 percent yield.

Socialite Heidi Onisforou has owned the building's penthouse since 2016 when she paid $4.4 million. She snapped up the apartment just one day in to its marketing.

It was the last sale in the tightly held block.

Last month Rubinstein, who has previously used the publicity firm of Roxy Jacenko to publicise his achievements, was named Ray White's number one agent for the sixth consecutive year.

This time last year Rubinstein sold $50 million worth of properties in just 19 days.

None took to ratemyagent, with Rubinstein having no favourable reviews for two years now.

Earlier this week the Ray White Double Bay business was sold to his colleague Elliott Placks.

The agency sold $930 million of property in the last year.

The dynamic salesman likes the international highlife, regularly taking off for short stays at the Beverly Hills Hotel in LA.

His mates call it his second home.

Ray White number one agent Gavin Rubinstein splashes out in Potts Point

Rubinstein sold TV personality Larry Emdur his and wife Sylvie's Sydney CBD bolthole late last year.

They paid $3 million for the designer apartment in a converted factory building in The Rocks.

 

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Potts Point Gavin Rubinstein

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