Departing Qantas CEO Alan Joyce and his husband have sold their ritzy home in Sydney’s up market north shore neighbourhood of Mosman.
The property, which was sold for an undisclosed prize, changed hands on July 27, a few days ahead of its campaign close on August 2.
While it was speculated to have a price guide of about $20 million, the healthy figure was never confirmed by agents, Domain reported.
The agents were reported to have simply intended to test the market to gauge interest from prestige buyers.
Mr Joyce and husband Shane Lloyd purchased the home, at 12 Musgrave Street, for $19 million in March 2022.
According to agent David Gillan, who listed the property alongside Geoff Smith of Ray White Lower North Shore Group, the couple never actually lived in the home.
The designer furniture however, purchased by Mr Joyce and Mr Lloyd, would be included in the sale, according to the publication.
The four-bedroom, four-bathroom home overlooks Sydney Harbour and features multiple indoor and outdoor living areas.
Mr Joyce recently revealed what he planned for when he officially stepped away from being Qantas CEO, a position he held for 15 years.
Speaking on the sidelines of the International Air Transport Association AGM in Istanbul, Mr Joyce said he’s got big plans to travel after departing the spirit of Australia, though those plans don’t include air travel.
“I’m going to take six months off, decompress, not make any decisions, go for a cruise around the Antarctic believe it or not, go well away from any aircraft and then make my mind up about what I want to do after that,” Mr Joyce said, according to The Australian.
Vanessa Hudson, who will be taking over Joyce, was also in Turkey, as well as chief customer officer Markus Svensson and sustainability chief Andrew Parker.
Mr Joyce will retire in November this year.
He previously was forced to launch a ferocious defence of his extravagant spending habits after Qantas announced a shocking $1.9 billion loss.
He said he was tired of being forced to justify his professional and personal decisions.
“Why is it relevant what I do in my private life? I’m not a public figure. People regard the CEO of Qantas as like a politician and it definitely shouldn’t be. It’s a business figure,’ Mr Joyce told The Australian last year.
“It’s been well reported over the years how much I get paid, so I do have the money because Qantas went to record profits and had a record share price.”
The long-term airline boss was set to move into a generous penthouse in The Rocks, according to reports.