‘Sad moment’: Roxy Jacenko drops price to $7.5m to quit Oz

14 hours ago 3

“Realistic” … Roxy Jacenko has slashed the asking price of her former Paddington office. Entrepreneur and wife of a billionaire Roxy Jacenko has dropped the price of her former Paddington Sweaty Betty HQ to dispense with her last Australian asset, saying “it’s a sad moment to see it go”. Having passed in with a $10m guide at its mid-May auction, the designer office at 7-13 Elizabeth St now has a guide of $7.5m in an expressions of interest campaign via Alex Lyons of Raine and Horne Double Bay and Daniel Cipolla and Dimitrios Franze of IB Property. The Singapore-based former PR maven, who said in July she would only sell for “the right price”, now thinks a $2.5m price drop is in order. “The original figure was ambitious and reflected a very different market,” the astute property observer noted. MORE: Biggest sale of the year in Point Piper 7-13 Elizabeth St, Paddington now has a guide of $7.5m in an expressions of interest campaign. Sales agent Alex Lyons says it’s “a trophy asset, one of the finest freehold offices available in the east”. “We’ve now had proper feedback from buyers and the guide sits where the market is — I’d rather be realistic and meet it than sit on the property ...

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