$200 million: Sydney mansion tipped to smash Australian property record


One of Australia’s most coveted mansions is up for sale with a price tag tipped to exceed $200 million – which would make it the most expensive sale in the nation’s history.

Located in Sydney’s prestigious Point Piper, the mega-mansion known as ‘Wingadal’ has been the family residence of John Symond, founder of Aussie Home Loans, and was crafted by renowned architect Alec Tzannes.

It took eight years to construct from its inception in 1999 and has never been sold.

Spanning 2,676 square metres, equivalent to four typical residential blocks, the six-bedroom Wolseley Road property offers expansive views of Sydney Harbour, the Opera House and the Harbour Bridge, framed by its 98-metre waterfront.

In addition to the pool, there’s a 22-seat movie theatre, an eight-car garage and a lift. And in case one commercial-grade kitchen isn’t enough, Wingadal boasts a second that has seen some of Australia’s most prominent celebrity chefs showcase their skills across years of charity events held at the property.

John Symond describes Wingadal as a home that has balanced private family life with high-profile philanthropic hosting, while architect Alec Tzannes considers it a career highlight.

“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. While being an exceptional family home, we have also enjoyed hosting many important events for charities and other worthwhile causes,” Symond says.

The listing of the property is through Ken Jacobs, Director – Australia Pacific of Forbes Global Properties in association with leading Sydney agent Brad Pillinger. 

“Wingadal represents the unique vision of John Symond and is the most exciting listing I have worked on across four decades in the industry. The property sits on the largest landholding of the waterfront off Australia’s premier road, Wolseley Road, with a 98-metre water frontage,” Jacobs said.

“The estate is Australia’s most iconic residence and ranks amongst the best in the world, combining both privacy and space, exuding elegance and comfort, while featuring gunbarrel views of the Sydney Opera House and the Harbour Bridge.”

Offered through expressions of interest, there is nothing else like it on the market in Australia, says Pillinger.

“The result showcases the foresight, passion, vision and meticulous attention to detail of both Mr Symond and Mr Tzannes, and as there is no comparable property in Australia, we expect Wingadal will be the first sale to surpass the $200-million barrier in this country.” 

The $200-million price guide would comfortably smash the current house record held by Atlassian co-founder Scott Farquhar who spent $130 million on his Point Piper mansion last year. Farquhar last week announced he’d be stepping down as CEO of the company he launched with fellow billionaire Mike Cannon-Brookes.

Wingadal’s price guide would also eclipse $140 million spent on the nine-bedroom Penthouse in One Sydney Harbour, which holds the record for Australia’s most expensive sale (including apartments).

In 2017, luxury car importer Neville Crichton sold his neighbouring property for over $60 million, marking one of Australia’s top residential sales that year. The Tuscan-style mansion, boasting six bedrooms and a private jetty, had previously hosted celebrities including the likes of Bill Gates.

Wingadal Property details
  • Four levels
  • Internal entertaining areas with capacity for 500 people
  • Undercover parking for 20 cars – eight inside the garage
  • Four bedrooms plus one two-bedroom apartment
  • Pool
  • Custom-designed wine cellar with capacity for 2,500 bottles
  • Theatre with seating for 22 people
  • Two commercial kitchens

Ten of the most expensive properties ever sold in Australia
Photo shows, UIG Lodge at 29 Wentworth St, Point Piper – which sold last month to Scott Farquhar. Pictured from the Double Bay to Circular Quay ferry. Supplied to Forbes Magazine, not to be resold. Photo by Peter Rae. Tuesday 8 September, 2020.
Uig Lodge, 29 Wentworth Street, Point Piper
  • Vendor/Previous owner: Steven and Carol Moss
  • Agent: Private sale
  • Buyer: Scott Farquhar
  • Price: $130,000,000
  • Year purchased: 2023

Fairwater, 560 New South Head Road, Point Piper
  • Vendor/Previous owner: Estate of the Late Lady Mary Fairfax
  • Agent: Ken Jacobs, Christie’s International Real Estate
  • Buyer: Mike Cannon-Brookes
  • Price: $100,000,000
  • Year purchased: 2018

29-31 St Georges Road, Toorak
  • Vendor/Previous owner: David Yu
  • Agent: Marcus Chiminello, Marshall White
  • Buyer: Edward Craven
  • Price: $80,000,000
  • Year purchased: 2022

Elaine, 550 New South Head Road, Point Piper
  • Vendor/Previous owner: John B Fairfax
  • Agent: Ken Jacobs, Christie’s International Real Estate
  • Buyer: Scott Farquhar
  • Price: $71,000,000
  • Year purchased: 2017

La Mer, 40 Wentworth Road, Vaucluse
  • Vendor/Previous owner: James Packer
  • Agent: Ken Jacobs, Christie’s International Real Estate
  • Buyer: Chau Chak Wing
  • Price: $70,000,000
  • Year purchased: 2015

Phoenix Acres, 38b The Crescent, Vaucluse
  • Vendor/Previous owner: Chio Kait Ow
  • Agent: Craig Pontey, Ray White Double Bay
  • Buyer: Jerry Schwartz
  • Price: $65,250,000
  • Year purchased: 2017

Ganeden, 38a Wentworth Road, Vaucluse
  • Vendor/Previous owner: John and Michelle Landerer
  • Agent: Brad Pillinger
  • Buyer: Helen Huang
  • Price: $62,750,000
  • Year purchased: 2022

Altona, 56 Wunulla Road, Point Piper
  • Vendor/Previous owner: Wang Zhijun
  • Agent: Ken Jacobs, Christie’s International Real Estate
  • Buyer: Huang Family
  • Price: $61,800,000
  • Year purchased: 2016

3 Wingadal Place, Point Piper
  • Vendor/Previous owner: Neville Crichton
  • Agent: Brad Pillinger
  • Buyer: Cao Yingping
  • Price: $60,660,000
  • Year purchased: 2016

21 Coolong Road, Vaucluse
  • Vendor/Previous owner: Garrick Hawkins
  • Agent: Ken Jacobs, Christie’s International Real Estate
  • Buyer: Nikki Zimmerman
  • Price: $60,000,000
  • Year purchased: 2022

3 Lindsay Avenue, Darling Point
  • Vendor/Previous owner: Lisa Allen
  • Agent: Alison Coopes
  • Buyer: Glenn Haifer
  • Price: $60,000,000
  • Year purchased: 2022

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