19 Bayview Hill Rd, Rose Bay has sold for about $85m.
A couple with links to James Packer sold their harbourside mansion for a whopping $85m on Christmas Eve, snatching the crown for the most expensive home sold in Sydney in 2025.
The five-bedroom residence known as Bayview Hill House in Bayview Hill Rd — the home of Lawrence Myers, chief executive of Packer’s family office Consolidated Press Holdings, and his wife, Sylvia — hit the market in May with $90m hopes.
On a 1039sqm block, the grand property, designed by David Walker and Peter Janks, has incredible views of the Harbour Bridge from nearly every room — even the bathtub and gym.
There’s also a spectacular wet-edge pool with spa and cabana.
The last-minute sale now slots in at No.2 in the top sales across the country for the year.
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There’s a spectacular wet-edge pool with spa and cabana.
1,100 sqm of internal space.
Incredible iconic views.
The 1,100 sqm of internal space flowing to the outdoors can host parties of more than 200 guests and an executive office on the entry level is big enough for boardroom-scale meetings.
There’s a 10-seat cinema, games room on the lower ground level.
And four bedroom suites, with three of them opening to balconies facing the harbour.
These were motivated sellers, with the couple heading to the $80m Crown tower penthouse at Barangaroo.
So property watchers knew a sale was imminent, via The Agency’s Steven Chen and Brad Pillinger of Pillinger.
Buyer’s agent Simon Cohen was spotted at the property recently, and is known to have introduced the purchaser.
Wake up to this!
Even the bathtub gets the view.
The Myers had bought it from retailer Brett Blundy for $43m in 2018.
The deal beats an $82.5m sale in late October, which was also in Rose Bay.
That waterfront on a 1138sq m block had been for sale for years, with multiple sources telling the Wentworth Courier in November 2023 that the vendor, Sicilian-born property developer Orazio Cambuglia, wanted well above $100m.
A home cinema with seats for 10.
Hang about in the gym.
Some said the owners of the property – consisting of three separate residences with a total of eight bedrooms, 10 bathrooms and a four-car garage to house parents and children – wanted as much as $130m (which would have matched the then national house price record for Elaine).
But the most recent guide via its sales agents, Ken Jacobs and Hui Xu of Forbes, was $85m in April.
Both Rose Bay sales were beaten by a home in Melbourne’s Toorak, which sold for more than $131m earlier in the year.
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