Inside Kerry Packer’s former home at Melbourne’s ‘tower of power’ as it’s sold in a VERY secretive deal
- Kerry Packer’s former high-rise apartment in Melbourne sold in a secret deal
- Home sits on 12th level of 99 Spring Street and was listed for up to $6.8million
- Mr Packer owned residence in the 1980s to 2000 before selling for $1.4million
- Apartment was renovated by new buyer before it was sold to a mystery ‘local’
Media mogul Kerry Packer’s former high-rise apartment in Melbourne’s exclusive ‘tower of power’ has been sold in a secretive deal.
The full-floor apartment sits on the 12th level of 99 Spring Street and had been listed on the real estate market for between $6.2million to $6.8million.
Real estate Kay and Burton South Yarra partner Oliver Booth said the hot-property had attracted several offers before it was sold to ‘a local’ for an undisclosed price.
‘It’s an absolutely incredible apartment and there are only a few like it in the building,’ Mr Booth told Real Estate.
The full-floor apartment sits on the 12th level of 99 Spring Street and had been listed on the real estate market for between $6.2million to $6.8million
Real estate Kay and Burton South Yarra partner Oliver Booth said the hot-property had attracted several offers before it was sold to ‘a local’ for an undisclosed price
The ‘tower of power’ was one of the first modern high rise apartments built in Melbourne.
It quickly became a hub of the rich and powerful and attracted the likes of Australia’s first billionaire Robert Holmes a Court, restaurateur George Tsindos and stockbroker Sir Ian Potter.
Mr Packer bought an apartment in the tower in the 1980s and used it as his base in Melbourne.
He was considered to be one of the most powerful media tycoons in the country with an estimated net worth of $6.5billion.
The Packer family had a controlling stake in the Nine television network and Australian Consolidated Press.
Mr Packer sold his apartment in the ‘power of tower’ for $1.4million in 2000.
The new owner completely renovated the interior, giving it a luxurious and modern twist.
The apartment consists of two lounge rooms and three bedrooms, each with their own ensuite and walk-in-wardrobes.
The open plan dining space and living room make it the perfect stage for entertaining guests.
An outside balcony offers sweeping views of the city with the Melbourne Cricket Ground, Treasury building and St Paul’s Cathedral all within sight.
The floors comprise of solid oak and Italian tiles while the windows are double-glazed.
The open plan dining space and living room make it the perfect stage for entertaining guests
Mr Packer owned an apartment in the tower between 1980 to 2000 before he sold it for $1.4million
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