Cate Blanchett

So long Sydney, it’s been lucrative: Cate Blanchett sells in The Astor

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.

EMBARGOED: Lucy Macken story Cate Blanchett apt The Astor 123 Macquarie Street Sydne
The Astor apartment of Cate Blanchett and Andrew Upton was originally three separate apartments that have since been amalgamated.

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.