For those with a spare 56.2 million dollars to spend, the most expensive house in Sydney is up for sale. Although Mandalay is not oceanfront property it does hold stunning views of the harbor as well as hosts every feature a prospecting homeowner could ask for.

Despite the price tag, this ultimate Sydney trophy home is not positioned on the waterfront, but does come with breathtaking Harbour views and "every conceivable luxury'' including marble floors, a cool room, butler's pantry, heated pool, cellar, gym, sauna, his and her ensuites and staff quarters for the maid and the nanny.

The house also has five bedrooms and six bathrooms spread across the three-level, 900sq m European-style villa.

The Wolseley Rd property, called Mandalay, is currently owned by William Webb, a former tobacco company CEO, and his wife Marijke, who purchased the home in 2004 for $20 million.

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