Imagine trading a sprawling family estate for a luxurious penthouse in the heart of Sydney. That's exactly what media power couple Lisa Wilkinson and Peter FitzSimons have done, and it’s sparking conversations about lifestyle choices and the allure of downsizing. But here’s where it gets intriguing: after selling their long-time Cremorne mansion, the duo has snapped up a four-bedroom penthouse in Mosman, a move that blends modern convenience with breathtaking views. And this is the part most people miss—the penthouse, perched atop a historic sandstone building constructed in 1914, comes with a rooftop teppanyaki barbecue and a bathtub offering panoramic vistas of Mosman Bay, the eastern suburbs, and the CBD. Talk about a seamless blend of old-world charm and contemporary luxury!
The couple, who purchased the property in February for a reported mid-teen multimillion-dollar figure, are said to be overjoyed with their new abode. The exact sale price remains under wraps until settlement, but sources confirm it’s a significant investment. Inside, the penthouse boasts floor-to-ceiling glass, a sleek white kitchen, and pendant lighting—a minimalist’s dream. But here’s the controversial part: while some applaud their decision to downsize, others question whether such a move truly aligns with the needs of a high-profile couple. Is this a practical lifestyle choice or a statement of luxury? We’d love to hear your thoughts in the comments.
This transition follows the sale of their Cremorne mansion, which passed in at $24.5 million at a private auction in September before being sold by private treaty in October. The couple, who bought the five-bedroom Federation-style home in 1998 for $2.95 million, are reportedly satisfied with the outcome. Set on 3,214 square meters and renovated by heritage architect Clive Lucas, the property was a landmark in its own right, with panoramic views of the harbour and city skyline. And this is where it gets even more fascinating: while their new penthouse may be smaller, it offers a maintenance-free lifestyle—no more gardening, just rooftop sunsets and city lights. Could this be the future of luxury living for busy professionals?
Bo Zhang of Atlas Lower North Shore handled the penthouse sale, while the Cremorne mansion was listed by Brad Pillinger of Pillinger and Monika Tu of Black Diamondz, both of whom declined to comment on the specifics. As the dust settles on these transactions, one thing is clear: Wilkinson and FitzSimons are redefining what it means to live large in a smaller space. What do you think—is downsizing the ultimate luxury, or is there something irreplaceable about a sprawling family home? Let us know below!
