It’s obtained six bedrooms, water views, a wine cellar, and its personal cinema.
And now one Sydney’s most prestigious addresses belongs to Qantas boss Alan Joyce.
Mr Joyce, 55, and his husband Shane Lloyd are buying and selling up from their inner-city house within the Rocks after dropping a staggering $19m on an harbourfront mansion at Mosman Bay.
The palatial 1908 Federation residence – which final offered for $1.25 million in 1993 – options 15 rooms throughout three storeys and has two large decks overlooking the water.
A tiered backyard descends to a netted harbour pool, a jetty and personal berth appropriate for a 7.6 metre boat.
Not a nasty improve, in all.
The property was rebuilt in 2015 underneath the attention of US architect Paul Moon, with the assistance of Lovett Custom Homes, and was reportedly in the marketplace for a couple of months earlier than Joyce and Lloyd snapped it up.
The Irish-Australian Mr Joyce, who has been Qantas boss since November 2008, married Mr Lloyd in 2019 in a ceremony atop the Museum of Contemporary Art at Circular Quay.
The pair had been residing within the Cove residences penthouse they purchased for $4.58 million in 2008.
They additionally personal a house at Palm Beach, which they purchased for $5.3 million in 2015.
Mr Joyce earned a wage of about $2 million final 12 months and $1.75 million the 12 months earlier than that, a substantial minimize on his pre-pandemic earnings of about $10 million per 12 months.
The pandemic hit the aviation business onerous, with Mr Joyce agreeing to an 83 per cent pay minimize as worldwide borders slammed shut and journey income melted away.
Last month Mr Joyce was compelled to withdraw feedback he made suggesting prospects have been in charge for large delays at Sydney Airport.
Mr Joyce initially pinned the lengthy queues on the “match fitness” of travellers.
He later harassed there have been quite a few elements at play because the business bounced again from Covid.