Gretel Packer has quietly confirmed she intends to convert a former theatre in Sydney’s Kings Cross district that was owned for years by Hollywood filmmaker George Miller back into a working theatre.
The billionaire daughter of late media tycoon Kerry Packer and the team at her family office, Ritam, will spend six months assessing the parameters of a project to restore the Metro-Minerva Theatre in Potts Point after buying the site from developers last July for $26 million.
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Michael Bailey writes on arts and culture, and edits Weekend Fin. He is a former editor of the Financial Review Rich List. He is based in Sydney. Connect with Michael on Twitter. Email Michael at m.bailey@nine.com.au
