PHOTO: Cate Blanchett
Cate Blanchett and Andrew Upton have closed a chapter on their Sydney life, selling their last remaining Sydney home, a luxury two-storey apartment in The Astor.
This is the largest apartment in the historic 1923-built landmark building that was purchased five years ago for $8 million from Wizard Home Loans founder Mark Bouris as their Sydney bolthole when the high-profile couple moved to the United Kingdom.
It was listed in March for $12 million by Christie’s Ken Jacobs, who declined to reveal the sale price, leaving it to well-placed sources in the building to suggest it is The Astor’s first sale in the double-digit millions.
The couple’s only remaining local real estate is an investment apartment bought on the Elizabeth Bay waterfront for $1.92 million in 2013.
The Hollywood star and her playwright husband have had a lucrative time as Sydney home owners since 2004 when they purchased their first significant piece of real estate, the Bulwarra mansion in Hunters Hill for $10 million on the advice of their buyer’s agent and vendor advocate Deborah West, of SydneySlice.
READ MORE VIA DOMAIN