Billionaire audio king lists $50m+ worth of Potts Point property

Jenner House, at 2 Macleay Street, Potts Point, is “coming soon” to the Sydney market via TRG founder Gavin Rubinstein, according to a sign out the front.

Billionaire audio king Peter Freedman has listed his 1870s Potts Point mansion purchased for $30.35m two years ago, and also a nearby penthouse bought for $16m in 2018.

Freedman, who is the founder of Rode Microphones, is perhaps most famous for paying a record $9m for late Nirvana singer Kurt Cobain’s MTV Unplugged guitar in 2020, intending to raise money for the music industry during Covid.

But he is also known for his savvy Potts Point property purchases.

The listing of Jenner House, at 2 Macleay St — a sign out the front indicates it’s “coming soon” with TRG founder Gavin Rubinstein — comes as a shock.

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Peter Freedman, who owns RODE Microphones, paid a record $9m for Kurt Cobain’s guitar. Picture: Darren Leigh Roberts

Freedman bought the landmark property for $30.35m two years ago.

It’s on nearly 2000sqm of land and has incredible harbour views.

The previous owners had done an impressive three-year restoration.

It was only last June that Freedman lodged plans with the City of Sydney for an $11m upgrade to the Regency Revival-style manor, which were approved in January.

Rubinstein couldn’t be contacted to explain the reasons for the sale or pricing, but given the strength of the trophy home market this spring it would have to sell in the $35m range.

And no doubt the approved reno, for “landscaping, extension of the existing basement, new glass house and reinterpretation of the stables” will be of big appeal to the buyer.

A property search reveals that Freedman’s penthouse in the nearby Ikon building, bought for $16m in 2018, is also listed with Rubinstein.

The three-bedroom, three-bathroom penthouse with triple garaging at 1804/81 Macleay St has uninterrupted city and harbour views from every room.

It had been briefly listed via Rubinstein in September 2023, soon after Freedman’s purchase of Jenner House.

Jenner House was designed by Edmund Blacket and built in 1871 and features an 1877 third-floor addition designed by Thomas Rowe.

The kitchen — with its professional-grade Baron oven with a teppanyaki grill, salamander grill, Birko steamer, pasta cooker and commercial dishwasher — is designed for modern chefs.

Records show Freedman owns a couple of other Ikon apartments, including a three-bedroom sub-penthouse bought for $8.2m in 2023 and a three-bedroom apartment on level 12 bought for $5m in 2017.

Sources from within the building suggest Freedman is selling the mansion because he’d simply decided he didn’t want to go through the angst of a major reno, and he’s now offloading both it and the penthouse to clear funds for his next major purchase.

“He wants something that’s already done,” the source said.

Jenner House is considered one of the most significant properties in the highly sought-after Sydney suburb.

Freedman’s penthouse, at 1804/81 Macleay St, Potts Point., is also listed with Rubinstein.

It has three bedrooms, three bathrooms and triple garaging.

Freedman had picked up the stunning six-bedroom, eight-bathroom home with five-car garage on nearly 2000sqm of land after it had passed in at auction in 2023.

It had previously been owned by luxury car dealer Terry Mullens and his wife, Wendy, who’d bought it for $15m in 2009 and then done a three-year restoration.

The kitchen – with its professional-grade Baron oven with a teppanyaki grill, salamander grill, Birko steamer, pasta cooker and commercial dishwasher – is designed for modern chefs.

Jenner House was.designed by Edmund Blacket and built in 1871 and features an 1877 third-floor addition designed by Thomas Rowe. There’s even an air-raid shelter.

The property, which has harbour views, has been known by a range of names in its 150-year history, including Fleet Club, Stramshall, Jenner Private Hospital, Kurragheen and Lugano.

It was added to the NSW State Heritage Register in 1999.

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