By A. James For Daily Mail Australia
02:20 25 Jan 2024, updated 02:33 25 Jan 2024
Located in the sought after ‘Paris’ end of Paddington, 5kms from the CBD, the luxurious pad has been listed with an eye-watering price guide of $14.5million.
McWilliam bought the spacious three-bedroom, three-bathroom two-storey home as an investment property in 2002 for $2,735,000 reports The Wentworth Courier.
Since then McWilliam, who is Seven’s Commercial Director, has renovated the original house into a chic ‘European’ style dwelling.
Features include timber flooring, French doors, and two private covered balcony’s – known as Loggia – which open out from the bedrooms on the upper floor.
Meanwhile, the large kitchen boasts a walk-in pantry, generous breakfast island and plenty of bench space.
There’s also an al fresco entertainment deck downstairs that opens onto a spacious ‘family room’.
Other features include a separate ‘sitting room’, formal dining room and lounge room.
Highlights also include a large sculptured garden and a private office that can be converted into a fourth bedroom.
According to the report McWilliam’s hopes for a big pay day on the sale are well founded since the five-bedroom pad next door went under the hammer in November for a staggering $17.5million.
In 2021 the Daily Mail Australia reported that McWilliam is estimated to own around $100million worth of residential property in Sydney’s eastern suburbs, as well as commercial property in Double Bay.
That year the high-flying executive laid off a Spanish-style investment property in Bellevue Hill for $9million.
The five-bedroom home was listed with an $8.5million price guide, but is believed to have ‘sold well above’ that.
He bought the Bellevue Hill home in his wife, Nicole McWilliam’s name back in 2007 for $4.72million, and was renting it out for $4000 per week.
McWilliam lives in a property in Point Piper, close to his good friend and former business partner, Malcolm Turnbull.