PHOTO: Erica Packer has gifted her four-bedroom house in Vaucluse to her sister Joanna. Photo: Danielle Smith
Summer traditionally marks a hiatus in the property market, but not so for a who’s who of rich listers who took time out to finalise a few high-end real estate deals. Take Erica Packer.
The former wife of billionaire James Packer has gifted a house in Vaucluse to her big sister Joanna and her medico specialist husband, David Hunter. Or almost.
The Los Angeles-based Packer retains a 5 per cent interest in the Burrabirra Avenue residence, leaving the majority ownership to her sister and brother-in-law, who have lived at the house in recent years.
The four-bedroom house on almost 500 square metres with a swimming pool is fairly basic by the Packer family’s renowned trophy home standards. It is a few blocks from the James and Erica Packer’s matrimonial mega-mansion La Mer that they sold in 2015 for $70 million following their divorce.
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