Home Entertainment The superstar vacation home that once housed Nicole Kidman and Tom Cruise is on the market for a whopping $40 million

The superstar vacation home that once housed Nicole Kidman and Tom Cruise is on the market for a whopping $40 million

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A stunning Sydney mansion that was home to Tom Cruise and Nicole Kidman more than 20 years ago has gone up for sale. Pictured: The former Hollywood power couple, who divorced in 2001, pose on the red carpet in Los Angeles in 1999

A stunning Sydney mansion that once housed Tom Cruise and Nicole Kidman during their ill-fated marriage has gone on the market.

In 2000, the famous Hollywood stars were invited to the huge space, which was owned by director Baz Luhrmann.

The property is now listed for sale with a whopping $40 million price tag.

Set in luxurious grounds in the heart of Darlinghurst and known as Iona, this beautifully preserved Italianate estate features seven bedrooms and seven bathrooms.

Luhrmann and his wife Catherine Martin rented the property in the late 1990s and used it as a “home/office” for their company Bazmark.

The couple finally bought it in 2006 for $10 million after making the box office hit Strictly Ballroom (1992) and the Nicole Kidman hit Moulin Rouge (2001).

Kidman and Cruise reportedly hosted a party at Bazmark’s restaurant to celebrate the completion of Moulin Rouge shortly before the Hollywood power couple split in 2001.

After moving to New York, production designer Martin, 59, and Luhrmann, 61, sold Iona in 2016 for $16 million to its current owners, stockbroker Tim Eustace and his partner Salvador Panui.

A stunning Sydney mansion that was home to Tom Cruise and Nicole Kidman more than 20 years ago has gone up for sale. Pictured: The former Hollywood power couple, who divorced in 2001, pose on the red carpet in Los Angeles in 1999

Cruise and Kidman were invited by director Baz Luhrmann, who previously owned the sprawling estate now on the market for $40 million. (Pictured)

Cruise and Kidman were invited by director Baz Luhrmann, who previously owned the sprawling estate now on the market for $40 million. (Pictured)

They made a number of improvements to the property in order to make it “family-friendly,” the report said. Australian financial magazine last month.

Renowned as one of Sydney’s grand mansions, this 2716-square-metre heritage-listed property was completed in 1888 and was once a private hospital.

Located in a secluded, leafy area of ​​Sydney’s bustling Darlinghurst, just 2km from the CBD, this beautiful apartment is a charming blend of luxury and Old World design.

Features include ornamental ironwork, stained glass and Victorian-style tessellated tiles.

Catherine Martin designed the decorative wallpaper that helps maintain the home’s 19th-century charm.

Spread over two levels, the highlights include a private lounge, a wine cellar and a billiard room, which features a chandelier, a statue and a fireplace.

There is also a living room, a large kitchen, a butler’s pantry and a private dining room.

The master bedroom occupies an entire corner of the upper floor and includes a huge walk-in closet and access to a large terrace.

Other highlights include a nursery, a library and a private apartment.

Set in sumptuous grounds in the heart of Darlinghurst and known as Iona, this beautifully preserved Italianate estate boasts seven bedrooms and seven bathrooms. Pictured: the entrance

Set in sumptuous grounds in the heart of Darlinghurst and known as Iona, this beautifully preserved Italianate estate boasts seven bedrooms and seven bathrooms. Pictured: the entrance

Lurhrmann and his wife Catherine Martin rented the property in the late 1990s and used it as a

Luhrmann and his wife Catherine Martin rented the property in the late 1990s and used it as a “home/office” for their company Bazmark. The couple ended up buying it in 2006 for $10 million after filming the box office hit Strictly Ballroom (1992) and Nicole Kidman hit Moulin Rouge (2001). Pictured: the pool room

Modern touches at the property include a large swimming pool, an entertainment terrace and a gym.

The extensive grounds include decorative water fountains and a Japanese garden.

It comes after that The Gold Coast ‘shack’ that Luhrmann and Martin rented while filming their 2022 movie Elvis has reportedly sold for $5.72 million.

The couple have been living increasingly separate lives in recent years, with the costume designer living in their Miami-area home while the director worked in New York.

Renowned as one of Sydney’s grand mansions, this 2716-square-metre heritage-listed property was completed in 1888 and was once a private hospital. Located in a secluded, leafy area of ​​Sydney’s bustling Darlinghurst neighbourhood, just 2km from the city centre, this magnificent property is a delightful blend of luxury and Old World design. (Pictured)

Renowned as one of Sydney’s grand mansions, this 2716-square-metre heritage-listed property was completed in 1888 and was once a private hospital. Located in a secluded, leafy area of ​​Sydney’s bustling Darlinghurst neighbourhood, just 2km from the city centre, this magnificent property is a delightful blend of luxury and Old World design. (Pictured)

After moving to New York, Martin and Luhrmann sold Iona in 2016 to its current owners, stockbroker Tim Eustace and his partner Salvador Panui, for $16 million. Pictured: Luhrmann and Martin in New York in May at the Met Gala

After moving to New York, Martin and Luhrmann sold Iona in 2016 to its current owners, stockbroker Tim Eustace and his partner Salvador Panui, for $16 million. Pictured: Luhrmann and Martin in New York in May at the Met Gala

The four-bedroom, two-bathroom home was sold through Amir Prestige, with the estate agent using the stunning seaside location as a selling point.

Renovated in the 1960s, the home is just steps from the pristine sands of Miami Beach and has plenty of nostalgic charm.

The couple moved into the shack when they moved from a larger home on the glitter strip after relocating to the area in 2020.

In a recent interview with The Australian’s Wish magazine, Catherine opened up about having a long-distance relationship with her husband.

The Academy Award-winning costume designer said the pair spoke regularly on the phone when he was in New York and she was staying at the Gold Coast seaside cottage.

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