Karl Stefanovic and Cassandra Thorburn sell family home in Sydney for $3.8 million
Karl Stefanovic and Cassandra Thorburn have scored a buyer and $3.8 million for their Sydney home less than two weeks after it was listed.
The snappy result marks an end to the couple’s 21 years of marriage following their recent split, and Stefanovic’s temporary move to the Bondi Beach bachelor pad of his mate, casino billionaire James Packer.
The former couple surprised local agents when they chose to list the charming property in the upper north shore suburb of Lindfield, with John Tower, of Tower & London, given his specialty is valuations and investment properties.
Karl Stefanovic and Cassandra Thornburn have scored a buyer for their Lindfield home. Photo: Cole Bennetts/ Getty Images.
It was launched with a guide of $3.6 million to $3.8 million, and came up as sold on Tuesday morning. Tower & London’s Nicole Zheng could not reveal the exact sale price but confirmed it had sold for about $3.8 million.
John Tower has since been revealed as on-selling the couple a half-complete, luxury residence on the waterfront in Cremorne in June for $8 million on a long-settlement.
It remains unknown if the couple will complete that purchase, but given a 10 per cent deposit on the exchange if they walk away from the deal it will have cost them $800,000.
The Lindfield home sold for about $3.8 million, less than two weeks after it was listed.
The breakfast TV host and his former wife have owned the Treatts Road property since 2010 when they bought it for $2.3 million, having sold their first home in St Ives that same year for $1,285,000.
Renovated since then, the five-bedroom, three-bathroom home includes formal and informal living areas, a teen retreat, lock-up garage, swimming pool and period finishes throughout.
Following the split, Thorburn has hired celebrity agent Max Markson with plans to relaunch her own media career after many years as a stay-at-home mum.
Stefanovic and Thorburn bought the classic Federation bungalow in 2010 for $2.3 million. Photo: Supplied.
Thorburn was a successful TV producer before she put it on hold to care for their three children.
