Amber McDonald is reportedly preparing to move into her $5.3million property in Paddington after her split from Aussie Home Loans founder John Symond.
According to Confidential, Amber, 52, is currently renovating the home, which was Denis Savill’s art gallery for 40 years.
Denis previously confessed he had renovated the gallery in 1985 but hadn’t ‘spent $10 on it since and it’s falling around me’.
Amber purchased the property in 2021 and is planning to move in by next year.
A source told the publication:’Amber hasn’t moved out yet. That house is big enough for them to be at some distance from one another.’
Amber McDonald is reportedly preparing to move into her $5.3million property in Paddington after her split from Aussie Home Loans founder John Symond
‘But when she does move out, she will likely move to Paddington.’
The insider said Amber will eventually move into her $12.5million historic home in Potts Point but it is still ‘years away from being finished’.
For the past 30 years, the property in Sydney’s inner city was an exclusive hotel for wealthy visitors to take in the sights of the city.
Constructed from earthy red-bricks with Tudor arches and stained glass windows, the house features stylistic elements dating back to the 19th century.
It has 12 bedrooms as well as an English library, drawing room and a guest lounge nestled just a 15 minute walk from the Royal Botanic Gardens.
According to Confidential , Amber, 52, is currently renovating the home, which was Denis Savill’s art gallery for 40 years
Amber and John announced their split last week after eight years of marriage.
The real estate mogul, 76, and his wife, 52, started dating in 2011 before tying the knot in 2016.
In a joint statement to the Daily Telegraph, they said: ‘We enter this new chapter of our lives with a deep, mutual respect and friendship for each other.’
They added: ‘We are united in our love and commitment to our family.’
John and Amber, longstanding advocates for charitable causes in Sydney, both have two children from prior marriages.
Amber’s children are from her union with Patrick Keating, the son of former Prime Minister Paul Keating.
While John, who has an estimated net worth of $580million, has two children with his ex-wife Kerrie Fox: son Stephen and a daughter named Deborah.
Deborah owns fashion retailer Mode Sportif and is married to Ned O’Neil, a prominent property developer and co-owner of Addenbrooke.
The insider said Amber will eventually move into her $12.5million historic home in Potts Point but it is still ‘years away from being finished’
Insiders say the couple have drifted apart and are now embarking on new phases of their lives.
John constructed an iconic residence in Point Piper, where he has resided for the past 17 years.
Together with Amber, they have hosted numerous charity and corporate functions at this location and also tied the knot at the property.
John made his fortune in finance, growing his empire for a boutique business in the 1980s to one of the biggest home loan companies in Australia.
He previously spent $75million on a super yacht which took four years to build before putting the luxury vessel up for sale two years after its completion.
For the past 30 years, the property in Sydney’s inner city was an exclusive hotel for wealthy visitors to take in the sights of the city
