Former Cruising Yacht Club commodore Hugo van Kretschmar and his wife, Karen, have set a Darling Point apartment record of more than $25 million.
The property sale is not only the highest in the Sydney suburb for more than 18 months, it also smashes the $16.8 million apartment high set in June by the off-the-plan sale of an apartment in the John Kolenda-backed Norfolk Group Investments development on Yarranabbe Road.
