Roxy Jacenko’s father Nick and his designer girlfriend Lisa Ho launch property development career with $90 million apartment complex – after he sold $78million portfolio in divorce from the PR’s queen’s mother Doreen
Roxy Jacenko‘s father Nick Jacenko is heading into the property development business.
According to a reported in The Daily Telegraph on Saturday, Nick and his fashion designer girlfriend Lisa Ho have submitted plans with MidCoast Council in the hopes of constructing a $90 million apartment complex.
Also featuring spaces for retail and townhouses, the property will sit on the waterfront at Tuncurry, a coastal town in the Mid North Coast region of New South Wales.
Loaded: Roxy Jacenko ‘s father Nick Jacenko (right) is heading into the property development business. Nick and his fashion designer girlfriend Lisa Ho have (left) submitted plans with MidCoast Council in the hopes of constructing a $90 million apartment complex
Lisa is set to become the interior designer on the project, which will be overseen by architect Wayne Ellis, the paper reports.
Nick said that he hopes to revitalise the formerly ‘sleepy community’ with the slick new development and ‘open a good restaurant’.
‘It’s no longer just for retirees and I think the newcomers deserve something better and more luxurious than the basic property available up here,’ Nick told The Daily Telegraph on Saturday.
Cha-ching! Roxy’s divorced parents Doreen and Nick sold their property portfolio for $78million a decade after their divorce earlier this year. Pictured: Roxy and Doreen
Nick was last in the fashion business as owner of Capitol Clothing, while Lisa is a well-known fashion designer who closed her label in 2013.
It comes after Roxy’s divorced parents offloaded their property portfolio, a decade after their marriage fell apart.
Property: It is believed the Jacenko estate included a cluster of commercial properties in Sydney’s Beaconsfield, Alexandria and Ultimo, each worth around $15 to $20 million
It is believed the Jacenko estate included a cluster of commercial properties in Sydney’s Beaconsfield, Alexandria and Ultimo, each worth around $15 to $20 million.
Doreen and Nick built a lucrative empire together in the Australian rag trade during their ill-fated 38-year marriage.
Shortly after marrying, the couple launched Capital Clothing, a thriving fashion business that would generate upwards of $13 million a year.
Estranged: While Roxy maintains a close relationship with her mother, she’s made no secret of the fact she’s been estranged from her father since the divorce
Roxy’s parents continued to grow their family wealth by branching out into real estate.
However, it all came crashing down in 2011 when Doreen and Nick split in acrimonious circumstances.
While Roxy maintains a close relationship with her mother, she’s made no secret of the fact she’s been estranged from her father since the divorce.
He reportedly wed Lisa in October 2019 in a secret ceremony.
Wed? He reportedly wed Lisa in October 2019 in a secret ceremony. Nick is pictured far right with Lisa, centre