Colourful cryptocurrency spruiker and entrepreneur Fred Schebesta has sold his prestige Tamarama apartment.
The Finder.com.au founder pocketed $4.725 million via PPD agent Alexander Phillips.
It marked a boost on the initial $4.5 million buyers’ guidance given by Phillips, who lifted it to $4.575 million during its latest sales campaign.
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It was marketed as “the crowning glory of The Alice, designed by award-winning architects MHN Design Union on Wonderland Avenue”.
With 155sq m of internal space, the three-bedroom, two-bathroom penthouse with pool cost $3.9 million in 2017.
Schebesta retains his South Coogee abode, which cost $16.85 million last year.
It didn’t feature on the most recent list of NSW’s top 50 homes, but is tipped to make this year’s list, which comes out next week.
Schebesta signalled he wanted to sell his Tama pad to be ready to invest in bitcoin.
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Story Credit: news.com.au