John Symond at his home in Point Piper. He has decided he loves living there.
‘Aussie’ John Symond had been hoping to sell his Point Piper mansion for well over $200m — some say he really wanted $300m. But it’s now been pulled from the market.
And it’s the second time he’s done it.
The latest listing was last May, when the Aussie Home Loans founder put the huge four-level harbourfront home, Wingadal, said he wanted to exceed $200m.
That would have smashed the current national home price record of $140m — for a Barangaroo penthouse — set in 2019.
Within two months of the listing, it was reported that co-agent veterans Ken Jacobs of Forbes and Brad Pillinger of Pillinger had received “multiple offers above $200m”, but these had been rejected and that Symond had a “dream price” of $240m.
More recently, the rumour was that he wanted $300m.
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The property was listed last May with initial hopes of $200m+
When contacted, a spokesman for Mr Symond confirmed that the property had been withdrawn.
“He’s decided he doesn’t want to sell it, he loves living there,” the spokesman said.
“Maybe he’ll list it again when it’s worth $500m.”
The last time that Mr Symond put Wingadal on the market was in 2017 with hopes of more than $100m. It was only listed briefly but the second person that looked at it offered $110m, which was rejected.
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Mr Symond said at the time that, over the Christmas break, he’d rethought his decision to sell it.
“I probably rushed into the decision to put it on the market,” he reportedly said back then.
“My family and friends were shocked that I did so at the time, but I thought I’d have a go.”
Mr Symond bought the land — 2676sqm, the equivalent of four normal housing blocks — for $10.5m in 1999 and commissioned renowned architect Alec Tzannes for the four-level residence that took eight years to build.
The home, built over four levels, has iconic views.
The house features entertaining areas for 500 people, undercover parking for 20 cars (eight inside the garage), four bedrooms plus a two-bedroom apartment, a pool, a wine cellar for 2500 bottles, a theatre with seats for 22 people and two commercial kitchens.
Mr Symond split with his wife, Amber, in December, 2023, after an eight year marriage.
He now spends a considerable amount of time at his home in the south of France.
Costing $22.4m, it’s set on a waterfront cliff between Nice and Monaco looking out towards the tip of the Saint Jean Cap Ferrat peninsula and along the coast.
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