Point Piper showpiece to smash Australian house price record

Wingadal could be the first Australian home to sell for over $200 million.

Four months after listing his London base, adjoining apartments covering four floors in Knightsbridge’s 55 Hans Place, with c$96 million price hopes, Aussie Home Loans founder John Symond is offering his landmark Sydney home, Wingadal.

Postcard Opera House and Harbour Bridge views from 2 Wingadal Place.
A mural with a Joyce Symond quote adorns a Wingadal wall.

The Point Piper showpiece, which the businessman took eight years to build, is expected to be the first residence in Australia to trade for over $200m, smashing the $130m record set last year when outgoing Atlassian chief executive Scott Farquhar bought Uig Loge in the suburb.

John Symond’s Knightsbridge base spreads 1054 sqm with six bedrooms.

The previous watermark was established in 2018 when the other Atlassian co-founder, Mike Cannon-Brookes, outlaid nearly $100m for Fairwater, also in Point Piper, and a neighbouring property.

Wingadal at 2 Wingadal Place was briefly on the market in 2017 – Mr Symond reportedly rejecting a $110m offer despite it being higher than the then-mooted guide.

The Knightsbridge dwelling, listed in January with c$95 million price hopes.

The listing comes four months after the executive separated from Amber McDonald, who he married in 2016.

Following the disposals, the Aussie Home Loans founder, 76, plans to spend more time travelling.

Elsewhere in Sydney the executive is believed to hold two apartments in a boutique Elizabeth Bay complex.

Showpiece home for landmark site

On 2676 square metres with 98 metres of water frontage, 2 Wingadal Pl is the biggest waterfront block in the suburb, according to the marketing agents (story continues below).

Wingadal took eight years to build.

Mr Symond paid $10.9m for it in 1999 – off Wolseley Road, it had just been cleared of a c1958 Guildford Bell dwelling dubbed the doughnut-house because of its shape

Renowned for its postcard views of the Opera House, Harbour Bridge and CBD, former owners include the Horden family, property investor Robert White and Auckland based smallgoods and investors, the Huljich family.

Penned by Alex Tzannes, built on a sandstone base with a capped copper roof, Wingadal rises four floors with six bedrooms – two in a self-contained apartment.

A large mural adorns the main entrance with a quote from Mr Symond’s late mother Joyce: “Johnny, in life think big, really really, big and then double it again”.

A wine cellar, theatre with 22 seats, two commercial kitchens and an entertaining area known to host c500 guests also forms part of the design.

There are 20 undercover car parks, eight in a garage, too.

Forbes Global Property’s Ken Jacobs with Pillinger’s Brad Pillinger, the agents, are expecting the showpiece home to attract international suitors following an expressions of interest campaign.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.