The long-held Vaucluse home of multi-millionaire hotelier Andrew Lazarus and his wife Denise has sold off-market for $8 million.
Records show the Olola Avenue residence was bought by Jordana Sharon-Zipser, wife of Hi-Pages co-founder and chief operating officer Roby Sharon-Zipser.
The purchase marks a significant step up the Sydney property ladder for the Sharon-Zipser family, who sold their North Bondi semi two years ago for $2.85 million.
The home improvement classifieds website, which connects home owners with tradies, was founded in 2004 by Sharon-Zipser and his childhood friend David Vitek. Two years ago Rupert Murdoch’s News Corporation bought a 30 per cent stake in the company for about $38 million.
The Sharon-Zipser family’s purchase of the four-bedroom residence with the Cameron Kimber Interiors ends 21 years of Lazarus family ownership, having last traded in 1997 for $1.65 million.
The chief of Eastern Hotels Group listed the family home overlooking Vaucluse House two years ago with a $7.5 million to $8.25 million guide but its marketing campaign closed after three months without a sale.
The sale comes a year after Lazarus’ son Luke was cleared of raping a teenager in the laneway outside his father’s Kings Cross nightclub after a retrial.
Luke Lazarus was sentenced to at least three years jail in 2015 over the rape of an 18-year-old woman behind the Soho nightclub, but his conviction was later quashed on appeal.