Mr Deutsch has pivoted from the fitness franchise business to the baby products industry, launching an online marketplace for baby brands called Markot last year.
Mr Deutsch’s purchase in Crown’s landmark WilkinsonEyre-designed tower offered a handsome capital gain for Hong Kong-based businesswoman and vendor Huanhuan Zheng.
The four-bedroom, four-bathroom apartment last traded off the plan two years earlier for $22.5 million, equating to a $3 million jump in value in 24 months. It was listed with a $29 million guide last year.
Settlement on the apartment sale reveals a $25.5 million sale figure. Domain
Ms Zheng had never lived in the apartment before she listed it with The Agency’s Steven Chen.
The 71-storey tower is densely populated by corporate high-fliers and rich-listers, chief among them being Crown’s former majority shareholder James Packer, who owns a two-storey apartment he purchased for more than $72 million.
Among the most high-profile owners in the building are multimillionaire Robert Whyte, tech entrepreneur Rob Khuda, Bingo Industries’ Mary and Tony Tartak, western Sydney developer Arnold Vitocco, venture capitalist Bob Blann, LaserClinics’ Babak Moini, former Rothschild Australia chairman Trevor Rowe and Hong Kong commercial property magnate Tony Cheng.
Mr Deutsch also owns a $19 million beachfront house on Queensland’s Mermaid Beach and the Patchway estate in the Southern Highlands, where he and Ms Perso married late last year.
This article first appeared in Domain.
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