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The Point Piper mansion has been listed for sale and is expected to break the national home price record.
Aussie Home Loans founder John Symond has listed his “Wingadal” estate located in Sydney’s Point Piper for sale for $200 million.
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The Wingadal estate is listed with Ken Jacobs of Forbes Global Properties in association with agent Brad Pillinger of Pillinger.
According to the listing on Forbes Global Properties’ website, the home is the largest waterfront estate, sitting on 2,676 square metres of land and “98 metres of harbour frontage with front row views of the Sydney Opera House and the Harbour Bridge”.
Other features of the property include internal entertaining areas with a 500-person capacity, a 20-car garage, four bedrooms, one two-bedroom apartment as well as a 22-person theatre, two commercial kitchens, and a custom-designed wine cellar with a capacity for 2,500 bottles.
The four-level home was designed by architect Alec Tzannes, who described Wingadal as the “highlight of his career” and stated that the estate “offers a unique appreciation of Sydney Harbour from a variety of angles, rotating around an axis that lines up perfectly with the Sydney Harbour Bridge”.
The estate’s sale is expected the shatter the previous national house price record of $130 million, which was paid for by the former co-chief executive of Atlassian, Scott Farquhar, and his spouse venture capitalist Kim Jackson for the Uig Lodge estate, also located in Point Piper.
In addition, the sale would surpass the $140 million apartment record paid for a penthouse in the near-completed One Sydney Harbour tower in Barangaroo, located in Sydney’s CBD.
Reportedly, Symond stated that he was putting the home up for sale to “spend more time abroad”.
“Wingadal has been a special home for my family over the past two decades, and now I’m looking forward to spending more time travelling overseas,” Symond said.
“While being an exceptional family home, we have also enjoyed hosting many important events for charities and other worthwhile causes.”
Jacobs described this latest venture as the “most exciting listing” he has worked on over his 40 years in the real estate industry.
“The estate is Australia’s most iconic residence and ranks among the best in the world, combining both privacy and space, exuding elegance and comfort, while featuring gun barrel views of the Sydney Opera House and the Harbour Bridge,” Jacobs said.
Symond retired from his position with Aussie Home Loans in 2020 at the age of 73 after its start-up over 30 years ago.
[RELATED: Aussie John retires]
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