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

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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.

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.

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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