Gretel Packer has paid $59 million for a property next door to her Bellevue Hill home, settlement documents have revealed.
The billionaire daughter of late media tycoon Kerry Packer paid $59 million for the estate of her late neighbour, Graham Nock, of the Nock and Kirby hardware family, in an off-market deal.
Gretel Packer has paid $59 million for the property next door (the pink home pictured centre and the adjoining land) to her Bellevue Hill home, settlement documents have revealed.Credit:
Gretel made the number 71 spot on AFR’s 2025 Rich List with an estimated $2.33 billion wealth.
Ken Jacobs of Forbes Global Properties sold the estate to Packer but declined to comment.
Gretel PackerCredit: Getty
It consists of a pink fixer-upper and an enclosed pool on about 1435 square metres and an adjacent vacant block of 1188 square metres, coming to a total of approximately 2630 square metres.
Packer shares a fence with the property, having paid $11.25 million in 2000 for an Edwardian residence called Winston from investor David Archer and his wife Vicki.
It’s not known what Packer intends to do with the new purchase. However, she will have options – to protect her views, to use the property to host visitors, or to knock down the unrenovated house.
Bellevue Hill is home to business moguls, media executives, fashion designers and creatives, is near exclusive private schools and has harbour views.
