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Former Qantas CEO Alan Joyce to renovate his Sydney apartment in The Rocks

Former Qantas boss Alan Joyce has put the problems of his turbulent departure from the national carrier behind him and is embarking on spectacular renovations to his luxury harbour view pad in The Rocks.

Alan Joyce resigns as chair of Sydney Theatre Company

Former Qantas boss Alan Joyce has put the problems of his turbulent departure from the national carrier behind him and is embarking on some home renovations.

Mr Joyce, 57, and husband Shane Lloyd have lodged plans to amalgamate their two apartments below the top-floor penthouse in the iconic Harry Seidler building in The Rocks.

The plans will allow for sweeping views of the Opera House and harbour from an enormous 100 sqm of balcony space that will be funded from the $125 million he earned during his 15 years leading the national carrier. His final year alone saw him trouser $21.4 million.

During his tenure, Mr Joyce also secured a whopping $28 million in bonuses.

The former chief executive officer of the flying kangaroo abruptly quit last year as the airline was hit with allegations it had sold tickets to more than 8000 flights it had already cancelled and refused to drop airfares or hand back jobkeeper subsidies despite a record $2.47 billion profit.

Alan Joyce and Shane Lloyd. Picture: Dylan Robinson
Alan Joyce and Shane Lloyd. Picture: Dylan Robinson
The iconic Harry Seidler building in The Rocks.
The iconic Harry Seidler building in The Rocks.

Mr Joyce fled to Ireland to take care of his sick mother and only returned to Sydney last month after a Senate Inquiry into the blocking of flights from Qatar Airways he had been ordered to front upon his return fizzled out.

In January Mr Joyce also resigned as chair of the Sydney Theatre Company but since returning to the Harbour City he has continued his love of the arts with a trip to the opening night of & Juliet at the Lyric Theatre at The Star last week.

Now he and Mr Lloyd have submitted plans with the City of Sydney Council for works costing $2.97m to put together the two apartments in The Cove building on Harrington Street and make retirement a little more bearable.

They have called the 2003-built complex their home since 2008 when they paid $4,575,000 for half of the 42nd floor of the 43-floor building. The apartment addition cost them $9.25m last April.

The view from Mr Joyce’s apartment in The Rocks.
The view from Mr Joyce’s apartment in The Rocks.
Mr Joyce’s current apartment in The Rocks.
Mr Joyce’s current apartment in The Rocks.

For a time the couple were proposing to upsize to a $19m, 1908 Arts and Craft style mansion they bought in Mosman in 2022. However, they jumped at the opportunity when the neighbouring apartment was listed.

“We were unexpectedly given the opportunity to secure the other half-level apartment where we live currently,” Mr Joyce said at the time.

Mr Joyce purchased the adjoining apartment last year.
Mr Joyce purchased the adjoining apartment last year.
Pictures: supplied
Pictures: supplied

They then promptly sold the Mosman home for $21m without ever living in it, last July.

The Cox Architecture plans are to knock through the two three-bedroom apartments to create a 450 sqm, five-bedroom apartment with 100 sqm balcony space.

Alan Joyce takes his dog for a walk in Sydney. Picture: 2GB
Alan Joyce takes his dog for a walk in Sydney. Picture: 2GB

The five bedrooms are being pushed to the southern side of the apartment. The master bedroom will have a walk-in wardrobe, ensuite, and one of the four balconies.

The open plan living, dining and kitchen will be located on the northern side of the apartment which has better views of the Opera House.

Central to the space will be a kitchen, flanked by a formal lounge to the west and a media lounge to the east.

The couple also have a Palm Beach weekender with five bedrooms and five bathrooms that overlooks Whale Beach and cost $5.25 million in 2015.

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Originally published as Former Qantas CEO Alan Joyce to renovate his Sydney apartment in The Rocks

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Original URL: https://www.couriermail.com.au/news/nsw/former-qantas-ceo-alan-joyce-puts-turbulent-departure-behind-him-to-extend-his-sydney-harbour-view-home/news-story/3ebe80a0031c179205dfdcd97eaf3fae