Outgoing Qantas chief executive officer Alan Joyce and his husband, Shane Lloyd, have sold the Mosman mansion they bought last May but never moved into.
The pair are speculated to be banking $21 million.
They paid $19m, appointing local designer Levine Vokaberg to undertake some renovations.
Plans to move into the home were shelved mid-year when the couple outlaid a speculated $9m for a 223 square metre apartment adjoining their current residence, in Sydney’s Harry Seidler designed 129 Harrington St.
The dwellings will now be amalgamated to create a full floor flat with potentially six bedrooms.
Ray White’s Mosman’s David Gillan and Geoff Smith listed the Mosman home, 12 Musgrave Street, three weeks ago – though a campaign was mooted in early June when Mr Joyce and Mr Lloyd purchased 4202/129 Harrington St, The Rocks.
Developed in 1908, the Arts and Crafts style residence spreads 433 sqm over three levels, with four bedrooms (story continues below).
Seattle architect Paul Moon undertook a major renovation in 2015.
The site spreads 754 sqm with a large oval lawn resting area in part of a formal garden.
There is also a protected courtyard with water views for alfresco entertaining.
A lower level terrace, meanwhile, includes a wet bar, kitchen with ice machine and built in barbecue.
Mr Joyce announced in May that Qantas’ chief financial officer, Vanessa Hudson, will replace him as CEO this November.
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