Sydney luxury property: Ex Pendal boss Emilio Gonzalez sells Cremorne mansion for $18 million

A two-storey, two-bathroom harbourside retreat complete with heated pool, jetty, mooring and home office with views across Middle Habour has hit the market – and that’s just the boatshed.

who have just put up a for sale sign on their long-time Cremorne waterfront, inviting offers around $18 million.Sitting on about 1100 square metres, the five-bedroom home features a series of living spaces with north-easterly aspect over the harbour. Stackable glass doors and hardwood floors open to an outdoor kitchen and entertaining terrace. On the lower level, a rumpus and games room features its own kitchenette and separate guest room.

The contemporary white waterfront – listed with Ray White Lower North Shore’s Geoff Smith and Richard Harding – has been the luxury base for the Gonzalez family for almost two decades, after the couple paid $7.9 million for the Lodge Road mansion in 2005, according to CoreLogic.The listing comes three years after Mr Gonzalez stepped down from his CEO role at global investment management outfit Pendal after 11 years at the helm.

It is understood the former Perpetual executive intends to swap sunlit Middle Harbour vistas for the bucolic bliss on offer at the couple’s Southern Highlands retreat. In 2015, they paid $6.3 million for about 33 hectares in Kangaloon, complete with a designer, five-bedroom farmhouse. However, in February this year the pair opted to keep a slice of Sydney, picking up a $7.3 million luxury pied-à-terre in nearby Mosman’s The Mandalong boutique complex, which is a stone’s throw from Balmoral Beach.The Gonzalez’s listing could come close to the Cremorne record, which currently stands at $19.

Source: Real Estate Daily Report (realestatedailyreport.net)

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