Jason Pantzer: top real estate agent’s $2.1 million home redevelopment revealed
A star real estate agent who has sold more than $1 billion worth of Sydney property is one step closer to having his luxurious home rebuild plan approved, despite objections from the son of a late media mogul.
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A star real estate agent who has sold more than $1 billion worth of Sydney property is one step closer to having his multimillion dollar home rebuild plan go ahead, despite objections from the son of a late media mogul.
Woollahra Council’s planning assessment panel has recommended giving the green light to plans by Jason Pantzer and his partner Liliana Caputo to knock down their Coolong Rd home in Vaucluse and replace it with a new three storey mansion.
Mr Pantzer, who is the partner of Phillips Pantzer Donnelley Real Estate, is recognised as one of Sydney’s leading real estate agents, boasting personal sales of more than $1 billion.
Mr Pantzer and Ms Caputo, who reportedly moved into the harbourside mansion in 2020, last year applied to the council to demolish the home to make way for the $2.1 million development.
Features of the development include a new swimming pool, garden areas, outdoor terraces, a pool pavilion, a basement storage area and rooftop solar panels.
In plans to the council, the development is described as being of “a modern, high standard design” that would “enhance the streetscape character and key elements of the precinct”.
Prior to lodging the plans, Mr Pantzer and Ms Caputo spoke to neighbours to discuss any potential issues from the development.
Not all residents, however, were on board with the proposal with Charles Fairfax – the youngest son of the late media mogul Lady Mary Fairfax – and his wife Kate Fairfax lodging a submission opposing the development.
Their concerns included the potential for “excessive overshadowing”, loss of views and impacts on acoustic and visual privacy.
A council report noted the development would breach the 9.5m height limit by 1.5m but found the breach was justified and would not result in any significant view loss or overshadowing to adjoining homes.
The council’s application assessment panel recommended approving the project with 96 key conditions at a meeting next week.
Mr Pantzer said he did not want to comment on the proposal prior to the meeting.
The list of conditions include the completion of a demolition and construction management plan, payment of a development levy and a ban on construction works outside of 7am to 5pm on weekdays and 7am to 1pm on Saturdays.
The proposal comes amid a spike in development activity in the Vaucluse area with many of the suburb’s high profile residents currently planning rebuilds of their own.
The plans include a $7.95 million redevelopment lodged by Pantzer’s co-partner at PPD Real Estate – Alexander Phillips.
The development proposal – including a new three-storey, four-bedroom home with basement parking and a pool – remains under assessment.
Other proposals include a $7.8 million proposal by Roxy Jacenko’s mother Doreen Davis for a three storey home located across the street from her daughter.