Mia Freedman is set to demolish her lavish $13 million Sydney home in an extravagant $4 million rebuild project.
The 52-year-old co-founder of media company Mamamia and her husband Jason Lavigne first bought the house in Point Piper overlooking Sydney Harbor in 2020.
Just four years later, the couple submitted plans to transform the five-bedroom house into a brand new home, the newspaper said Daily telegram.
The rebuild will reportedly have an estimated construction cost of $3.9 million and will be designed by Roth Architecture Workshop.
Mia and her husband Jason bought the sprawling 1910 home in the posh waterfront suburb for $12.75 million, after it last sold in 2013 for just $6.1 million.
The luxury home features five bedrooms and four bathrooms and features luxury amenities including a ‘Party Sized’ cabana, a modern wet-edge pool and a sauna.
The non-waterfront property has a prime location near the Royal Motor Yacht Club with picturesque views of Sydney Harbour.
Daily Mail Australia has contacted Mia for comment.
Mamamia founder Mia Freedman (pictured) is set to demolish her lavish $13 million Sydney home in an extravagant $4 million rebuild project
The co-founder of media company Mamamia, 52, first bought the Point Piper home overlooking Sydney Harbor in 2020 and has now submitted plans to turn it into a new home
The purchase came after a court ruled that Mia and Jason could no longer live in the Bellevue Hill home they had moved to with their three children five years earlier.
They had tried to buy the rental home in 2019, but the landlord revoked the contract after a dispute over a leaky roof, causing the family to move out.
The family had a long association with Bellevue Hill, having previously owned a $4.8 million home in the same area.
Mia is best known as editor-in-chief of Mamamia, which describes itself as the country’s largest digital media network for women.
She is also known for hosting the Mamamia Out Loud podcast with Holly Wainwright and Jessie Stephens.
The rebuild reportedly has an estimated construction cost of $3.9 million and will be designed by Roth Architecture Workshop, according to reports (the home’s modern kitchen is pictured)
The modern property features an open-plan living area and expansive kitchen, while enjoying outdoor space with harbor views
The luxury home features five bedrooms and four bathrooms and has luxurious amenities including a party-sized cabana, a modern wet-edge pool and a sauna
Her husband Jason is co-founder of the company and has long been involved in the commercial side of the brand, which they co-founded in 2007.
Mia started her career at the age of 19 when she was hired as an intern at the now defunct Cleo magazine.
She quickly rose through the ranks to become fashion editor at the title, before becoming editor of Cosmopolitan at the age of 24.