Lisa Wilkinson and Peter FitzSimons have finally sold their palatial Sydney mansion after it sat on the market for several months when it failed to find a buyer at auction.
In August, the power couple unsuccessfully tried to sell the Cremorne property – which had a $24.5 million reserve price – but they have now managed to secure a buyer.
The pair reportedly sold the home for less than their asking price and are rumoured to be downsizing to a flat in nearby Mosman.
Although the property’s listing secured more than 45,000 page views on realestate.com.au after it was first listed for sale, it struggled for some time to attract genuine interest.
Lisa and Peter purchased the historic residence, known as Ingleneuk, in 1998 for just $2.95 million, meaning a sale anywhere near the reserve would deliver them a staggering profit of more than $20 million.
Built in 1903 and restored to its full glory by the couple, the six-bedroom home sits on a sprawling 3,125 sqm block with sweeping harbour views, a tennis court, heated pool and manicured gardens.
Lisa Wilkinson and Peter FitzSimons have finally sold their palatial Sydney mansion after it sat on the market for several months when it failed to find a buyer at auction
They also snapped up two neighbouring blocks to return the estate to its original size and secure rare dual-frontage – making the property one of the Lower North Shore’s most prestigious addresses.
Over the years, Lisa and Peter has hosted a wealth of Aussie celebrities at the property, including Prime Minister Anthony Albanese, Hugh Jackman and Nigella Lawson.
Earlier this year, the pair were slammed online over the staggering sum they were asking for the home.
Many online commentators criticised the disparity between the media power couple’s wealth and their left-leaning political stances.
‘Progressives Lisa Wilkinson and potential Republic President Peter Fitzsimons are selling their house! A steal at $23m! Is Albo appointing them to the UN or something?’ one person wrote on social media.
‘Just a couple of everyday Australian battlers,’ another wrote.
Peter is a strong advocate for Australian republicanism, having previously chaired the Australian Republican Movement.
In August, the power couple unsuccessfully tried to sell the Cremorne property – which had a $24.5 million reserve price – but they have now managed to secure a buyer
The pair reportedly sold the home for less than their asking price and are rumoured to be downsizing to a flat in nearby Mosman
He has also been vocal regarding his views on green policies and sustainability over the years.
He and his wife both support left-wing ideals when it comes to politics, even throwing an election night party to celebrate Anthony Albanese’s triumph in 2022.
A glittering array of actors, politicians and TV stars flooded the multimillion-dollar harbourside mansion.
Ingleneuk boasts one of the largest landholdings on the North Shore, after the pair restored the land to its original proportions.
Built in 1903 and restored to its full glory by Lisa and Peter, the six-bedroom home sits on a sprawling 3,125 sqm block with sweeping harbour views, a tennis court, heated pool and manicured gardens
The pair also snapped up two neighbouring blocks to return the estate to its original size and secure rare dual-frontage – making the property one of the Lower North Shore’s most prestigious addresses
The mansion, in its original Edwardian condition, offers panoramic harbour and city views, and has retained all its remarkable features, including prominent eaves.
Lisa hired heritage architect Clive Lucas to restore some details of the sprawling home, including its original fence posts, fretwork and maid’s bell.
The buyer will enjoy a sunroom, gourmet kitchen, library, multiple gas and wood fireplaces, leadlight doors and ornate timber flooring.
A heated pool and pavilion surrounded by Will Dangar-designed manicured gardens are also included, as well as approved plans for a triple garage with a studio room.
