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And the two properties could not be more different.

The mid-century property at 38 Vaucluse Road, Vaucluse is a knockdown property with an enviable dual frontage 1400sqm landholding. It sold for more than $55 million.

The property had been owned by 98-year-old Isaac Wakil and his late wife Susan for the past 65 years. The couple channelled much of their wealth into major cultural and medical institutions.

The Wakils were generous philanthropists, providing significant support to Opera Australia, the Art Gallery of New South Wales, St Vincent’s Hospital and the Sydney Jewish Museum plus a variety of educational, arts and charity organisations.

The Susan and Isaac Wakil Foundation was established in 2014.

Mr Placks said Isaac Wakil was “very well and happy with the result”.

“He‘s over the moon. He enjoyed the campaign and told me he found the process enjoyable,” Mr Placks said.

“He is a very generous character and now ready for the next chapter of his life.”

Mr Placks said the purchasers, who wished to remain anonymous, will demolish the home and rebuild on this site that has sweeping harbour views across the full majesty of Sydney's iconic skyline.

Mr Placks and his co-agent Riki Tawhara, also of Ray White Double Bay ran a strategic marketing campaign for this rare dual-frontage property on 1400sqm with a 30m frontage.

“We received interest from a lot of local and international buyers. In fact, we had interest from buyers in Asia, the UK and Europe,” Mr Placks said

“There were more than 100 enquiries, and we took 25 groups through the home too.

“These pre-qualified inspections show you the depth of the buyer demand at this level as these buyers not only needed the budget to be able to buy but also to rebuild again.”

Meanwhile, the stunning mansion at 69 Wolseley Road Point Piper has also sold at circa $55 million too.

The property has been owned by Retail Apparel Group co-founder Stephen Liebowitz and his wife Pam for almost 21 years.

The Tarocash business was founded in 1987 by brothers Stephen and Michael Leibowitz, who brought with them a family heritage of menswear retailing from South Africa. They began supplying menswear to retail outlets across Australia and quickly realised that Australian men were in desperate need of their own coordinated range of smart-casual clothing.

Mr Placks sold the bluechip address along with his young gun lead agent Adam Reichman, 28, of Ray White Double Bay. Mr Placks said even that though the price points were similar, 69 Wolseley Road, Point Piper was a smaller block and totally renovated.

“The Leibowitz home was beautiful and we had to find a buyer who appreciated the view and the layout. We had multiple buyers and it took a longer to complete this deal but the sellers are thrilled with the result. We kept engaging and driving and re-invigorating the market.

“Naturally the buyers want to remain confidential, that is their wish, which we respect.”

Ray White Double Bay, a long term institution in Sydney’s eastern suburbs, is quickly becoming the hottest real estate office of attraction.

In less than six weeks, Elliott Placks will open his stunning brand new five level office with state of the art technology.

“We are known for working at the high end of town and we are certainly moving into a new hot location. Our purpose built architecturally designed building is almost ready to move into and our team couldn't be more excited,” Mr Placks said.

“We have always been based on New South Head Road and we are not moving too far.

“It’s all looking amazing, and we have plenty of room to keep growing and expanding our team,” said Mr Placks, who is well known for running a high level development program for his team.

“We have it all here. Weekly training, mentoring and support plus the runs on the board. We are only just getting started too.”

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