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John Symond at his house in Level Piper. May it’s Australia’s first $200m house?
As Aussie house costs proceed to push skyward, particularly on the best finish of the marketplace, lets see the rustic’s first $200m house.
This yr kicked off with information of a brand new file space sale of $130m in Australia’s most costly suburb, Sydney’s harbourfront haven of Level Piper, when the co-founder of tech good fortune Atlassian Scott Farquhar become the proud new proprietor of Uig Hotel.
The mansion, which boasts 180 stage harbour perspectives from Level Piper’s absolute best spot, was once built within the taste of a Scottish baronial citadel within the early 1900s.
Most sensible of the hill – Uig Hotel.
The $130 house dates again over 100 years.
It stole best spot for an Australian space sale from fellow Atlassian co-founder Mike Cannon-Brookes, who snapped up the previous Fairfax property Fairwater for $100m in 2018.
In 2019, the One Sydney Penthouse in Barangaroo South set a brand new file for Australia’s most costly house when it bought for $140m.
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No. 1 no longer- Fairwater. Image: James Croucher
The nine-bedroom house is composed of the premier penthouse and the accompanying sub-penthouse condo, and spans the highest 3 flooring of the tallest of Lendlease’s 3 residential towers.
The house additionally contains greater than 1600 sqm of residing house in addition to a personal rooftop pool, spa and health club, with the master suite larger than maximum circle of relatives properties.
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The penthouse view from One Sydney Harbour.
The house bought for $140m in 2019.
It is composed of the penthouse and sub-penthouse.
One Sydney Harbour (centre) at Barangaroo in Sydney, below building in January closing yr. Image: Richard Dobson
Now amid massive worth enlargement in blue chip homes – there’s no dependable PropTrack worth information on Level Piper because of the low selection of properties bought there yr on yr however in within reach Vaucluse, the median space worth has grown from $5.21m on the finish of 2018 to $9m as of late – there may be hypothesis Australia may see it’s first ever $200m house sale.
When former Aussie House loans boss John Symond indexed his superb Level Piper house on the market in 2016, there was once communicate it would promote for $100m and be the primary house to take action.
It was once withdrawn from sale in 2017.
However it stays one in every of Level Piper’s and Sydney’s maximum mentioned properties with some suggesting within the present promote it may well be value $200m now if it have been taken to marketplace.
The multi-level sandstone, cement and glass pile sprawls throughout 2685 sqm.
Symond has lived in it since 2007 and it boasts six bedrooms, all with ensuites, two swimming swimming pools and greater than 75 metres of absolute water frontage, making it the biggest harbourfront within the unique suburb of Level Piper.
John Symond at his Level Piper house.
It’s one in every of Australia’s biggest properties.
There was once communicate it would promote for $100m+ in 2016 earlier than it was once pulled from sale.
It’s stuffed with Symond’s artwork assortment.
Then Federal Treasurer Scott Morrison and John Symond on the 2017 Christmas Celebration on the Level Piper dwelling house. Image: James Croucher
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There’s a health club, library, house film theatre and naturally that picture-perfect view of Sydney’s iconic Opera Area and glittering harbour from nearly each and every room. The roof is copper-capped and there’s a 10-car storage. and a boost to get you between flooring.
It additionally boasts 24 bogs.
The house, is full of paintings together with that of Sidney Nolan and Brett Whiteley, courtesy of willing collector Symond. It was once as soon as a standard venue for a few of Sydney’s biggest celebrations, together with the 2016 nuptials of the finance guru and his spouse Amber McDonald.
The “birthday party ground” is regarded as through the philanthropic Symond as “a civic house” and is used essentially for fundraisers. The kitchen and bar can cater for as much as 600.
That house features a kitchen which has been manned through the likes of Matt Moran, Guillaume Brahimi, Peter Doyle and Neil Perry for charity occasions, and Symond says some cooks have advised him it’s higher than their very own.
Level Piper – Australia’s most costly deal with.
Symond on the house in an undated photograph.
Lots of Australia’s mega-rich and outstanding have mingled on the leisure ground, which performs host to charity occasions and Liberal Celebration fundraisers.
‘Aussie’ John Symond retired as chairman of Aussie House Loans in 2020 and has saved a rather low profile since then.
Previous this yr, The Australian Monetary Assessment estimated his internet value at $780m.
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