‘Aussie’ John Symond kicks off 2019 with selling plans in Double Bay
“Aussie” John Symond has declared his Point Piper mansion off-limits but he’s kicking off 2019 with more selling plans, this time listing his designer Double Bay property. The boutique shop and residence hits the market just six months after the London-based Aussie Home Loans founder offloaded two of his redundant apartments in Elizabeth Bay. The Alexander Tzannes-designed retail property — currently home to Maree Conley’s homewares outlet Conley & Co — was bought by Symond in 2014 for $4.8 million just hours before it was scheduled to go under the hammer. At the time the rooftop apartment was home to fashion designer Trent Nathan, but was listed by his nephew and former Trent Nathan chief Shane Barr after the fashion icon moved to the Southern Highlands. In recent years Double Bay’s retail and luxury apartment market has surged in value, prompting a $6.5 million to $7 million guide by Brad Caldwell-Eyles of 1st City Double Bay, who sold it last time. Property values soared 40.8 per cent in the 12 months to December, according to Domain data. Symond moved to London with his wife Amber in 2017, briefly listing his Point Piper waterfront mansion for $100 million at the time. It was withdrawn from the market soon after despite an offer of more than $100 million after the couple decided they would still be spending more time in Australia and had rushed into a decision to sell it. But such sentimentality didn’t stopped him off-loading his local investments – a month later he sold his Point Piper penthouse for $13.3 million. And last year he sold two of the three apartments he owns in a luxury block of nine in Elizabeth Bay. The largest of the three was a three-bedder sold for $7.25 million to mining magnate Nick Curtis and his wife Angela, offering Symond more than a $1 million gain in value on the apartment since it last traded in 2014 for $6.125 million. The other was bought for $2.9 million in 2012 and sold in August for $5.25 million to Shelley Madden, wife of KPMG partner Peter Madden.