Gretel Packer doubles down at Art Deco Potts Point building
Gretel Packer has snapped up another penthouse in Potts Point’s Art Deco Macleay Regis building.
The daughter of late media tycoon Kerry – with an estimated net worth of $1.5 billion – outlaid $9 million for the two bedroom dwelling, 906/12 Macleay Street, following a private sale campaign managed by Sotheby’s International Realty’s Clint Ballard and Ben Cassen.
The seller was ex-Macquarie banker, Greg Peacock, who owned it for two decades.
The deal comes five and a half years since Ms Packer paid $8.75m at auction for a neighbouring penthouse which has been retained as an investment.
That dwelling, with three bedrooms and spreading 350 square metres, was offered by the Coppleson family after 30 years.
906/12 Macleay Street
Penned by Pitts and Phillips, and inspired by New York’s Rockefeller Centre, Macleay Regis, with 90 units, was developed in 1938 by Woolworths co-founder Harold Percival Christmas, who retained the top floor for himself.
Ms Packer’s latest apartment, which is fully renovated, contains 165 sqm with north facing rooms capturing 180 degree views to Manly and The Heads.
Configured with two bathrooms, a cocktail bar and dine-in kitchen, it also features three metre ceilings, fitted with an art hanging system (story continues below).
It is understood Ms Packer, 57, might amalgamate the penthouses.
The executive lives in a c1919 mansion, Winston, at Bellevue Hill, which cost $11.25m in 2000.
That property forms part of a 1.2 hectare amalgamation of eight properties the family holds on Ginahgulla and Kambala roads including the historic Cairnton her grandfather Sir Frank Packer acquired for £7500 in 1935, and was later Kerry’s family home.
Last year, the businesswoman was believed to have bid $22m for adjoining penthouses in Potts Point’s near new Omnia building – an offer which was turned town.
Ms Packer also held the family’s office headquarters in Hudson House at 131 Macquarie St, overlooking the Botanic Gardens, in the city.
Costing $8.5m six years ago, it was offloaded to Ramsay Health chairman Michael Siddle for $13.35m in 2021.
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