Everybody stay calm, you can put your $100 million back in your wallet: iconic Sydney Harbour home, Fairwater, has just been sold by Christie’s International after just two weeks on the market.

Designed by John Horbury Hunt, the build of the heritage listed home began in 1882 with additions finished in 1970. The property had been in the Fairfax family for a century. 

Purchased by tech billionaire and Atlassian co-founder, Mike Cannon-Brookes, for somewhere ‘close to $100 million’, the price tag makes Fairwater Australia’s most expensive home. The sprawling 1.12 hectare waterfront estate backs onto Seven Shilling Beach and includes a stable, tennis court, pool and carriage driveway. It is the largest privately-owned home in Sydney Harbour.

“We are delighted with the purchase of Fairwater for our young family and look forward to continuing the legacy of this beautiful Sydney home,” Cannon-Brookes said in an exclusive statement to Domain.

“We love the idea of raising our four young children in this historic property, filling the house and gardens with love and laughter through the years.”

“Internationally, to get a property as revered as this within 5km of the CBD and this land size on a harbour is just unheard of. It’s very extraordinary for a property like this to still exist,” said Ken Jacobs of Christie’s International.

“You see the expression on people’s faces and they’re not ready for it. It’s just that wow factor. They have to really think it through and absorb what they’re seeing.”

The previous record for the country’s most expensive home was held by neighbouring property, Elaine, purchased last year for $71 million by Cannon-Brookes’ business partner, Scott Farquhar. The two properties are amongst Australia’s most historically significant homes.

Images and Video via Goldeneye Media

H/T