Max Whitby sells $12.5 million Villard, Potts Point sub-penthouse

Max Whitby sells $12.5 million Villard, Potts Point sub-penthouse
Max Whitby sells $12.5 million Villard, Potts Point sub-penthouse

Racehorse owner Max Whitby has sold his $12.5 million whole floor Villard, Potts Point apartment.

It was the three bedroom three bathroom apartment offered recently as a $5000 a week rental through Ray White Double Bay.

It cost $6.6 million in 2012 when the three-bedroom sub-penthouse was bought by Whitby and his late wife, Jennifer from the Elizabeth Bay-bound retired car dealer Ray Harris and his wife Robyn.

The Macleay Street complex was designed by architect Ercole Palazzetti.

Max Whitby sells .5 million Villard, Potts Point sub-penthouse

Whitby’s apartment was also previously owned by David Kunde, who sold it to the Harris family in 2006 for $7,387,500.

Its first owner was the late interior designer Garth Barnett who bought it off the plan in 1998 for $2.15 million and sold it the following year for $3.55 million.

The three-bedroom sub-penthouse of the Villard sold for $12.5 million ranks second only to the $15 million paid in 2012 by liquor industry pioneer John Piven-Large for the nearby Pomeroy penthouse and a separate apartment below.

Max Whitby sells .5 million Villard, Potts Point sub-penthouse

The off market sale occurred last night in what the R&W agency described as a "positive sale."

Heidi Onisforou is currently still seeking $9 million for her apartment on the other side of Macleay Street, set above Zinc Cafe.

There have been a string of prestige sales over the past five months in the village.

In June Macquarie executive John Wilson sold his Pomeroy apartment for $10.05 million.

The apartment had previously traded for $6 million in 2010 when sold by Di Jagelman.

Whitby's horse Graff finished fifth in The Everest earlier this month.

 

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