PHOTO: Francesca Packer-Barham.FILE
Francesca Packer-Barham is eyeing a new luxury boutique development in Elizabeth Bay after her Darlinghurst Horizon apartment experienced a $2 million price reduction. Listed by Highland Double Bay Malouf’s David Malouf since last November, the level 40 Horizon apartment now has a $30 million price guide, down from $32 million.
An artist’s impression of the Billyard Ave development.
Francesca Packer-Barham
Perhaps encouraged by the potential sale, Packer-Barham is reportedly considering several high-end apartments in the Billyard Ave development.
The Encore apartment that Francesca Packer-Barnham sold for $2.6m in 2020.
She’d bought it for $2.1m four years earlier.
Packer-Barham, a fan of the area, sold her two-bedroom apartment in Encore, the former Sebel Town House at 21 Elizabeth Bay Rd, for $2.6 million in 2020, having bought it for $2.1 million four years earlier. She sold it through Richardson & Wrench’s Jason Boon and Geoff Cox to move into the Horizon penthouse, which she purchased for $16 million in October 2019.
The Encore penthouse that Tina Green sold for nearly $18m via Boon and Cox.
It had a panoramic harbour view.
Green bought this garden apartment in Billyard Ave instead for $17.5m because she wanted some outdoor space for her grandkids.
One of the recent buyers in Billyard Ave is Tina Green, widow of nurseryman Maurice Green, who sold her Encore penthouse for nearly $18 million via Boon and Cox. She chose a $17.5 million garden apartment in Billyard Ave for its outdoor space for her grandchildren.
Francesca Packer-Barham’s 40th-floor penthouse in the Harry Seidler-designed Horizon. Photo: Supplied
It’s asking price has dropped $2m.
Other notable buyers in the SJB-designed Billyard Ave development include yacht enthusiast and former UBS Japan boss Matt Allen, who paid close to $30 million for the penthouse, and lawyer Chris Coudounaris, who bought the sub-penthouse for $22 million.
SOURCE: NEWS.COM.AU