La Mer, the sprawling Sydney Mansion, was built by casino mogul for his wife Erica Baxter in 2010. The home features a rooftop pool, cinema, and 20 car underground garage, not to mention some of the best views of Sydney Harbor.
Sadly, the couple split up before they could even move in-Forcing Packer to sell his “love nest”. It is reported the mansion has sold for a record breaking $70,000,000 to Chinese billionaire Chau Chak Wing. Despite the massive price tag it is rumored that Packer has barely broken even, having spent $30,000,000 on amalgamating three Vaucluse properties and another $40,000,000 on a mammoth extension.
‘The sale has affirmed Sydney’s Eastern suburbs as some of the most lucrative and desirable properties in the world’Craig Pontey Director at Ray White Double Bay.
Ray White Double Bay director and top agent Warren Ginsberg has been recognised as a Young Gun of real estate in a recent article by The Daily Telegraph. Warren along with his team of Claudia Brunker, James Campbell and Sophie Eaton have achieved the number 4 position in all real … Read more
After a bumper April, the team have managed to surpass their sales record again, with the month of May setting a new record of over $255,000,000 of transactions! With 69 properties sold, we are so happy to have helped 140 individuals and families to the next stage of their lives … Read more