The property is believed to be Sydney’s largest private home and likely one of the biggest in the country, spanning almost 4000 square metres under one roof.
Nassif has put the home, known as Le Palais, on the market with a price guide of $41 million to $45 million, according to the Australian Financial Review .
The 11-bedroom, 20-bathroom mansion is in Sydney’s north-western Hills District and is set to claim the area’s house price record.
Its list of extravagant features includes five commercial kitchens, five hotel-grade bars, a dedicated hair and makeup salon, a private cinema, and garage space for more than 40 cars.
Visitors are welcomed by 4.2-metre doors that open into a grand foyer, complete with a chandelier, two staircases, and a glass lift.
The home also has its own entertainment wing for hundreds of guests and a function room that opens onto an outdoor pool area.
Outside, there is a nearly 30-metre swimming pool with a swim-up bar, a children’s pool, heated spa and a championship tennis court.
A rooftop putting green, basketball facilities, gym and billiard room are also on the estate.
The mansion has a three-bedroom guest wing, which at 500 square metres in size, makes it bigger than most average homes.
Set on a two-hectare block about 36 kilometres north-west of Sydney’s CBD, the property was originally designed as a compound for the Nassif family.
However, the family are now looking to downsize, according to the AFR.
Property records show they purchased the land for $1.75 million in 2013, before spending eight years building the mansion.
Nassif, who founded Sydney apartment developer and builder Northland Group in 1988, used GM Architects to design the home.
Selling agent Ken Jacobs is handling the sale alongside Forbes Global Properties’ Daniel Wilkins and Pillinger’s Brad Pillinger.
A sale at the upper end of the guide would more than double the Hills District’s existing house price record.
That record was set in July when a French provincial-style estate sold for $16.5 million.
Dural acreage for sale, complete with a floodlit football pitch
The seller designed and managed every aspect of this indulgent, semi-rural Hills District entertainer
El Jannah co-founders put $11 million Sydney estate on the market
Andre and Carole Estephan, co-founders of the Lebanese charcoal chicken chain El Jannah, purchased the property for $4.6 million.
Inside the Bathla family's unfinished $5.5m mansion facing 'limbo'
It was pitched as a grand family residence, but the property empire’s collapse has thrown its future into doubt.
See more news from Domain in your Google search results.
The information on this website is intended to be of a general nature only and doesn't consider your objectives, financial situation or needs.
