The founder of mortgage provider Aussie, John Symond, has withdrawn a Double Bay investment property from sale after four months.
The London-based businessman was firm on a $7.25 million price, according to this realestate.com.au item.
The best offer he got was in the high $6 million range, marketing agent Brad Caldwell-Eyles, of 1st City Double Bay, said.
Mr Symond paid $4.8 million for the asset in 2014.
Fashion outlet Trent Nathan once occupied the showroom as did Robyn Cosgrove Rugs and Country Trader.
It is currently tenanted to Conley + Co, an interior design and architectural studio run by Maree Conley.
It is not the first time Mr Symond has withdrawn a property from the market.
Mr Symond said he rushed into the decision to list the Point Piper home.
He did, however, sell two apartments in Sydney’s Elizabeth Bay a year ago. A Double Bay penthouse also traded, a year earlier, for $13.5 million.
Australia’s most expensive residential home deal occurred in 2018 when Atlassian co-founder Mike Cannon-Brooks paid close to $100 million for Fairwater in Point Piper.
Coincidentally, Mr Cannon-Brookes’ business partner, Scott Farquhar, set the national watermark in 2017, paying $71 million for the neighbouring estate, Elaine.
Both Fairwater and Elaine were offloaded by the Fairfax family after being held for generations.