Karl Stefanovic, 44, and his ex-wife Cassandra Thorburn, 48, are reportedly gearing up to sell their $8 million Cremorne mansion and split the profits.
The Studio Ten panelist is ensuring the palatial home is 'prepped to go on the market' with real estate agents seen inspecting the home this week, according to a report in The Sunday Telegraph.
The report goes on to say North Shore agents have been keen to get their hands on the property, with the former couple prepared to 'split the profits.'
She no longer wakes up here! Karl Stefanovic's ex Cassandra Thorburn's $8 million Cremorne mansion is being 'prepped to go on the market' with the former couple set to 'split' the profits, according to a new report in The Sunday Telegraph. The former couple are pictured here at The Logies in 2012
The couple purchased the home in June 2016, mere months before publicly revealing they had ended their marriage and choosing to get a divorce.
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According to the report, Karl and Cass put down an $800,000 deposit on the Harbourfront mansion, with them forced to commit to the purchase or lose their deposit.
The five-bedroom home was transformed by the pair, with it now lavishly appointed with five bedrooms and two kitchens with Cass the couple's children living in the mansion since 2017.
Lavish: According to the report, Karl and Cass put down an $800,000 deposit on the Harbourfront mansion, with them forced to commit to the purchase or lose their deposit
The sprawling North Shore mansion boasts everything from sweeping waterfront views to an indoor wine cellar.
It is the perfect entertainer, with four bathrooms, a lavish swimming pool and a steam room.
With a bird's-eye view across Middle Harbour and Northbridge Gold Course, the home spans over 650sqm of contemporary living space and designer finishes.
Elegant: The home's oversize lounge room has a stunning view of the harbour
Sleek: Residents can enjoy two gourmet kitchens equipped with the latest appliances
Residents can indulge in the property's indoor swimming pool and steam room while taking advantage of two gourmet kitchens equipped with the latest appliances.
It also features a master suite with a walk-in wardrobe and full en suite, as well as a double garage and private boat shed.
The couple purchased the property after their marital home in Lindfield sold for a tidy profit.
All the trimmings: Residents can indulge in the property's indoor swimming pool and steam room
What a view: With a bird's-eye view across Middle Harbour and Northbridge Gold Course, the home spans over 650sqm of contemporary living space and designer finishes
The five-bedroom home, with a sprawling garden and a swimming pool, sold for $3.85 million last year after the former couple purchased it for $2.3 million in 2010.
In September in 2016, it emerged that Karl and Cassandra had separated after 21 years of marriage, reportedly finalising their divorce earlier this year.
Karl married his new wife Mara & Mine shoe designer Jasmine Yarbrough in December of last year, in a lavish ceremony at an upscale resort in Mexico.
Close by: Karl, 44, is living in Mosman with his new wife Jasmine Yarbrough, 34. The pair were married in a lavish ceremony in Mexico in December last year before he was axed from the Today Show. Here at the GQ Man of the Year Awards in 2017
Sold: Karl and Cassandra's marital home in Lindfield sold last year for a tidy profit