Luxurious waterfront property predicted to break previous highest sale price with staggering $200 million price tag.

Huge waterfront home predicted to fetch $200+ million in sale.

May 1st 2024.

Luxurious waterfront property predicted to break previous highest sale price with staggering $200 million price tag.
A stunning four-storey luxury mansion situated in the prestigious suburb of Point Piper in Sydney has just been put up for sale. The owner of this grand harbourside residence is hoping to break the Australian record for the most expensive home ever sold. According to listing agent Ken Jacobs at Forbes Global Property, the sprawling house is expected to fetch a jaw-dropping price of over $200 million.

If the sale does indeed meet the lofty price guide, it will surpass the $130 million paid by Atlassian founder Scott Farquhar in 2022 for his own lavish property in Point Piper. This exclusive estate, known as Wingadal, has been the beloved home of Aussie Home Loans founder John Symond and his family for the past two decades. However, with plans of spending more time travelling abroad, Symond has decided to list the mansion today.

In a statement, Symond expressed his fondness for Wingadal and the many cherished memories it holds for his family. He also mentioned the joy of hosting various charity events and other important gatherings in this exceptional home. Boasting four bedrooms and a separate two-bedroom apartment, Wingadal is a true masterpiece. Of course, it also includes all the luxurious amenities one can imagine, such as a pool, a movie theatre with 22 seats, and an undercover parking area for 20 cars, complete with an eight-car garage.

But that's not all. The property also features two commercial kitchens and a wine cellar with a capacity for 2500 bottles, as mentioned in its listing. Moreover, there is an impressive "internal entertaining area" that can accommodate up to 500 guests, offering breathtaking views of the iconic Sydney Opera House and Harbour Bridge. Designed by renowned architect Alec Tzannes, this magnificent mansion sits on a sprawling 2676-square-metre land, with a 98-metre stretch of the stunning Sydney Harbour included.

As you step inside the house, you will come across a striking artwork that bears a special inscription. These are the words of John Symond's mother, who once told him to always think big in life, and then double it again. With that in mind, Symond has certainly achieved great success, and now he's ready to pass on this extraordinary property to its next fortunate owner.

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