Mining boss Peter Freyberg and wife Kylie have emerged as the $14m buyers of a penthouse owned by James Symond, the nephew of Aussie Home Loans founder John Symond.
Freyberg, the Australian head of Glencore Xstrata, and his wife are keeping their current penthouse in the landmark Eliza building on Hyde Park, purchased for $12.4m in 2015, as an investment.
Belle Property Double Bay principal Alain Waitsman listed the Hickson Road penthouse, which has three bedrooms (plus study), three bathrooms, a four-car garage and boat berth, on the Walsh Bay pier in February with a $16m guide.
It disappeared from the Belle Property website in late May and it’s believed to have sold for just over $14.5m.
Today’s settlement papers show the property has settled into Kylie Freyberg’s name.
The couple had met while they were living in adjoining homes in Darling Point.
Their luxury homes on Mitchell Road, called The Palms and The Pavilion, were originally developed as part of the Babworth estate by former high-flying property developer Nati Stoliar.
The residences shared a tennis court and basement garaging.
Their new home single-level apartment is on the fifth floor at Walsh Bay and it’s without doubt, the best amalgamation in the complex.
The stylish interiors resemble a luxurious ocean liner, with French Oak floors, Madagascar timber joinery, leather insets, and book-matched marble throughout.
It’s right up near the front of the Pier development, a few rows behind the apartment once owned by Symond’s uncle, John Symond, which sold for $16m in 2006 to the owner of Scenic Cruises, Glen Maroney.
James, who resigned from his post as Aussie Home Loans CEO last month, is currently renting in Elizabeth Bay with his wife Amelia while their new $9.5 million home is being built.
He was one of the original purchasers in the highly acclaimed Mirvac development, buying the apartment on the eastern side of the pier for $2,365,000 in 2000.
He then snapped up the apartment on the western side in 2005 for $2.2m.
They’d bought the crumbling mansion owned by liquor baron Gabor Kemeny for $13.2m in December, 2019 and are rebuilding.