Retail chief Mark McInnes has cut his property ties with Sydney after the snappy $12 million sale of his North Bondi oceanfront penthouse.
The sale of an unfinished amalgamation of three top-floor apartments sets a new high for the suburb on the prized Ben Buckler headland, and almost matches the $12 million McInnes and his wife Lisa paid last year for their Toorak mansion.
McInnes moved to Melbourne to be the right-hand man at Premier Investments for billionaire Solomon Lew in 2011, the year after he was forced to step down from the top job at David Jones.
The North Bondi whole-floor spread is made up of three apartments purchased for $7.1 million by McInnes in 2007. The first apartment was bought from surfer and Formula Energy Surfboards owner Eden Scallan for $1.6 million.
The two remaining apartments were picked up later that year for $5.5 million from two-time Tony Award-winning actor Michael Blakemore.
The apartments come with an approved DA for a two-storey penthouse designed by architect Nick Tobias, with four bedrooms and three bathrooms, extending into the block’s roof.
It was listed a week ago but sold late on Friday before its first open for inspection on Saturday.
The sale tops the $10.35 million high of last year for the oceanfront house of philanthropist and eco start-up investor Tanya Carnegie.
McInnes sold his beachfront weekender south of Sydney in Coalcliff last year for $3.35 million to LEAP Legal Software executive chairman Richard Hugo-Hamman.