Francesca Packer has finally offloaded her amazing Sydney apartment after first listing the luxury pad almost a year ago.
The 29-year-old billionaire heiress reputedly pocketed $30million in the sale after purchasing the five-bedroom spread back in 2019 for $16.75million.
Located in Darlinghurst, 2km from the CBD, the penthouse covers an entire floor of the prestigious Horizon building and features spectacular views of the city skyline.
Francesca first listed the luxury flat in November 2023 for an eye-watering $32million.
But after languishing on the market for seven months, the beautifully appointed apartment was re-listed in June for $30million.
The agent involved in the sale would not confirm the purchase, reported the Wentworth Courier on Thursday.
However, real estate insiders informed the publication that Francesca’s apartment recently went under the hammer to a local buyer for ‘close to’ the asking price.
According to the report, the cashed-up heiress sold off the pad because she wanted to spend more time in her alternate home base of London.
Francesca Packer has finally offloaded her amazing Sydney apartment after first listing the luxury pad almost a year ago. Pictured: The five-bedroom penthouse in Darlinghurst boasts amazing city views
Meanwhile, the Daily Mail Australia understands that Francesca’s boyfriend Robert Bates, 44, has been occupying the flat while the heiress has been vacationing overseas.
Designed by famed Australian-Austrian architect Harry Seidler, the apartment boasts five-bathrooms, Cote D’Azure marble, and a balcony that offers a 360-degree view of Sydney’s famed harbour.
Situated on the 40th floor of the luxury apartment block, the penthouse features a private lobby, marble sourced from Brazil, French Oak herringbone parquetry, bespoke lighting, as well as brass and leather accents.
The 29-year-old billionaire heiress (pictured) reputedly pocketed $30million in the sale after purchasing the apartment located in the prestigious Horizon block in 2019 for $16.75million
There is a wine room and a ‘wet bar’, while the apartment building also contains a pool, tennis court, gym, barbecue area and landscaped gardens.
It comes after Francesca recently set sail on a luxurious European yacht trip with her beau Robert.
The billionaire heiress, who is the daughter of investor Gretel Packer and financier Nick Barham, was reportedly spotted arriving at a port in Corfu, Greece back in July.
On their romantic European summer voyage, Francesca and Robert sailed to the Greek island from the Italian port of Napoli, according to the Daily Telegraph.
The couple are said to be travelling on Francesca’s mother Gretel’s superyacht, the Arctic P, which is valued at a staggering $119million.
The agent involved in the sale would not confirm the purchase reported The Wentworth Courier on Thursday. However, real estate insiders informed the publication that Francesca’s apartment recently went under the hammer to a local buyer for ‘close to’ the asking price. Pictured: The flat boasts five-bathrooms and covers an entire floor
The extravagant 87m German-built vessel was launched in 1969 and is available to charter for up to 12 guests and 25 crew members.
The former expedition yacht was bought by the Packer family in 1995 and has undergone multiple refittings since.
Francesca and Robert began dating in 2022 and confirmed their romance in December of that year after they were spotted kissing on the deck of a luxury yacht in Sydney Harbour.
Situated on the 40th floor of the luxury apartment block the penthouse features a private lobby, and marble sourced from Brazil, French Oak herringbone parquetry, bespoke lighting, and brass and leather accents. Pictured: The gorgeous kitchen
Francesca reportedly ‘fell head over heels’ for the divorced father and even ‘confided to friends her desire to start a family’ with him.
Robert is the CEO of failed wellness brands Aurum+ and Aquamamma and the founder of 7 Trinity Biotech.
Francesca is the daughter of Australian investor Gretel Packer and the granddaughter of the late media mogul Kerry Packer.
Her uncle is Australian billionaire James Packer, the former owner and chairperson of of the high-profile Crown Resorts.
