Jodhi Meares, the ex wife of James Packer, has finally sold off her gorgeous harbourside pad in Sydney’s eastern suburbs for a whopping $5.2million.
The two-bathroom, two-bedroom two-storey home in ritzy Watson’s Bay had been languishing on the market since October, 2024, after it was listed for $4.8million.
Former model Jodhi, 53, snapped up the heritage ‘beach shack’ in 2017 for a cool $2.75million.
The buyer signed off on the deal on February 6 reported Domain on Friday, leaving Meares with a hefty dividend and $400,000 above the original asking price.
According to the publication the beautifully styled house was snapped up by an eastern suburbs local looking for a life style change from their current beach side manor.
Meares is now based in Byron Bay, where she runs her fashion label The Upside.
Jodhi Meares (pictured), the ex wife of James Packer, has finally sold off her gorgeous harbourside pad in Sydney ‘s eastern suburbs for a whopping $5.2million
The two-bathroom, two-bedroom two-storey home in ritzy Watson’s Bay had been languishing on the market since October, 2024, after it was listed for $4.8million (pictured)
Former model Jodhi, 53, snapped up the heritage ‘beach shack’ in 2017 for a cool $2.75million
The sale comes after Meares had taken fresh steps last month to flog off the home which had been sitting unsold for over three months.
In January the Wentworth Courier reported that the fashion designer had given the 1880s era former fisherman’s cottage a ‘makeover’.
Agents told the publication that the property has received a new paint job and ‘fresh’ landscaping ahead of a scheduled auction was was meant to take place next Wednesday.
Meares also dropped her former sales agents and recruited Raine and Horne Double Bay to handle the sale.
The property, located 11kms from the CBD, was re-listed with the ‘upgrade’ details last month and advertised with the original price guide.
Meares first listed it in August 2024 but pulled it off the market shortly after.
The exquisite two-storey property was built in the 1880s and features a large dining area, two spacious upstairs bedrooms and an adjoining large bathroom.
It has been extensively renovated and features stylish contemporary architecture.
Highlights include a charming weatherboard façade, a limestone backyard terrace and a spacious kitchen boasting a breakfast island.
In January the Wentworth Courier reported that the fashion designer had given the 1880s era former fisherman’s cottage a ‘makeover’
The buyer signed off on the deal on February 6 reported Domain on Friday, leaving Meares with a hefty dividend and $400,000 above the original asking price
There’s also a studio retreat, a wet bar and a large backyard perfect for entertaining.
Other features include a luxury bathroom with standalone tub, a private dining room and separate living room.
Jodhi famously married billionaire James Packer in 1999 before splitting in 2002.
Four years ago, Woman’s Day reported that James still had Jodhi’s number on ‘speed dial’ and ‘called her all the time’ when he needed support.
She was subsequently in a relationship with singer Jon Stevens from 2013 to 2015, and they were even engaged.
Jodhi was then briefly linked to Sydney property developer Michael Reid in May 2019, after she shared a photo of the pair looking cosy on a boat, alongside a telling caption that read: ‘Debut selfie’.
Just two months later, the brunette debuted her relationship with Prison Break actor Dominic Purcell.
The couple dated on-and-off before finally calling it quits in January 2020.
Jodhi is the founder of her own successful fashion brand called The Upside, which she began in 2014.
Rising to fame as a model, Jodhi Meares cut a high profile in the three years she was married to Australian billionaire James Packer.
And Tigerlilly Swimwear founder has been known to wheel and deal in property since separating from the mogul in 2002.
She snapped up a luxury unit in Sydney’s ritzy Point Piper in 2004 for $1.23million only to lay it off for $2.4million in 2017.
Jodhi sold off a second property in Paddington the same year for $2.5milliion.
Only months later she splashed out $2.75 million on the Watson’s Bay pad she has now finally unloaded.
The Daily Telegraph reports that Jodhi spent $4.1million on the four-bedroom, three-bathroom coastal home which is located at Brooklet, not far from Byron Bay.
She is the founder of her own successful fashion brand called The Upside, which she began in 2014.
