AXED BUT NOT DONE! Kyle Sandilands plots explosive comeback as secret deal could score him a HUGE payday

Kyle Sandilands might soon have a tidy sum in the bank after listing his Sydney property for sale.

The radio king’s lavish six-bedroom, five-bathroom Sydney mansion is on the market for $5.9 million, four years after he purchased it at almost half the price.

The 54-year-old paid $3 million for the 9,580 sqm semi-rural property in Glenorie, located in Sydney’s North West Hills District, in August 2022.

Sandilands settled on the bushland-adjacent acreage shortly before he welcomed son Otto with Tegan Kynaston.

He bought the property in secret as a home for his family, but when his wife Tegan said she didn’t want to live there, he decided to renovate it and then flip it for a profit.

The stunning property was listed for sale with a price guide of $5.7 million to $5.9 million in February.

Kyle Sandilands might soon have a tidy sum in the bank after listing his Sydney property for sale. Pictured with wife Tegan Kynaston

The home has undergone a significant transformation since its pre-renovation days.

Last year, Sandilands revealed he was having the lavish property extensively made over.

The residence now boasts 832 sqm of internal living space – excluding alfresco areas – with a Georgian-inspired double-storey design.

A grand circular driveway leads to a courtyard, while a welcoming balcony above completes the stately arrival.

The property is perfect for raising a family, featuring multiple formal and informal living areas that are exquisitely designed.

At its centre sits a spacious dine-in kitchen, complemented by generous preparation and storage areas.

Meanwhile, a private study with a custom library and concealed storage ensures the property is perfect for both work and play.

Its semi–rural location ensures it has breathtaking nature views and scenic walking trails, while still being close to a variety of amenities.

The radio king’s lavish six-bedroom, five-bathroom Sydney mansion is on the market for $5.9 million, four years after he purchased it at almost half the price

The 54-year-old paid $3 million for the 9,580 sqm semi-rural property in Glenorie, located in Sydney’s North West Hills District, in August 2022

Sandilands may not be struggling financially with an estimated $100 million business empire, but the termination of his contract at ARN has certainly hit his back pocket.

The end of The Kyle and Jackie O Show was announced on Wednesday when Sandilands released a statement at 7am on Wednesday announcing that KIIS’ parent company, ARN, had terminated his 10-year, $100 million contract.

It comes as rumours that Sandilands plans to buy ARN after being sacked continue to gain traction.

After the shock jock’s former boss Craig Bruce first made the claim that Sandilands has his eye on purchasing the radio network last week, industry sources now say that it’s increasingly becoming a possibility.

A source told news.com.au that while buying up ARN in full would cost in the realm of $100 million, Sandilands could purchase a controlling stake for $51 million.

‘The short answer is the network is already pretty cheap,’ the source said.

‘It just depends on the level of ownership that Kyle wants. You could become a majority shareholder for $51 million but I think he just wants to be a stakeholder,’ they continued.

‘He just wants to have a say on how it is run and he has been on radio for so long that he’s very confident on how a radio station should be run or shouldn’t be run.’

The residence boasts 832 sqm of internal living space – excluding alfresco areas – with a Georgian-inspired double-storey design

The home has undergone a significant transformation since its pre-renovation days

In an explosive statement obtained by Daily Mail on Wednesday morning, Sandilands admitted he doesn’t ‘accept’ the fate of his role at the network following the termination of his contract.

He also confirmed the matter will now be in the hands of his lawyers.

‘ARN has just announced they’ve terminated my contract,’ he said.

‘I don’t accept it.’

Sandilands continued: ‘My lawyers told them last week this would be invalid. And guess what? It is.’

ARN announced last month that Henderson’s $100 million contract had been terminated after she told executives she ‘cannot continue to work with Mr Kyle Sandilands’ following his harsh on–air comments that left her in tears.