Inside Nicole Kidman and Keith Urban’s $280 million property split as divorce details emerge

Nicole Kidman and Keith Urban have officially finalized their divorce, concluding their 19-year marriage and agreeing to divide a £210 million global property portfolio. The former pair reached a private settlement enabling each to keep properties already in their possession, with remaining assets to be divided by mutual agreement. Nicole has been granted primary custody of their two daughters, while both icons waived child support and spousal support.

Global Desk

Nicole Kidman and Keith Urban’s divorce signals the end of one of Hollywood’s most high-profile and long-lasting celebrity marriages. Following nearly two decades of being together, the Oscar-winning icon and Grammy-winning musician have finalized their separation, quietly reaching agreements related to finances, property, and custody. This includes the division of a vast property portfolio estimated at almost £210 million.

Legal documents cited by the Daily Mail suggest that both parties will retain ownership of the properties currently in their ownership, with remaining assets split by mutual agreement.

Most of the real estate holdings were purchased jointly following their 2006 wedding, mirroring years of shared investments in some of the world’s most exclusive property markets.

Sydney Real Estate Takes Center Stage

One of the pair’s most notable property footprints is in Sydney, where their recent purchase occurred in 2023 a £5.7 million three-bedroom apartment in the prestigious Landmark Latitude complex. This purchase represented their sixth property within the same high-rise building.

In total, the former duo is believed to have £13.3 million invested in the development. Their initial purchase there dates back to 2009, when they acquired a 420-square-metre apartment overlooking Sydney Harbour for £4.45 million. That was followed by a £5.2 million neighboring apartment in 2012 and a smaller £2 million unit on the 19th floor in 2011, which Nicole reportedly used as a home workspace.

From Nashville to Beverly Hills

Beyond Australia, Kidman and Urban established an impressive international property portfolio. Nashville, long regarded as the heart of Urban’s music career, was their initial notable US base. In 2008, they acquired a 20-room estate for £2.6 million, which served as their initial residence throughout much of their marriage.

Nicole once explained their life there, stating:
“Keith and I are very good at immediately clicking off because we have a really good life in Nashville that’s very simple, quiet, and nourishing because we’ve made it like that.”

With Nicole receiving primary custody of their children, she is anticipated to remain based in Nashville.

A few years later, the couple expanded their holdings by adding a five-bedroom Beverly Hills home to their portfolio for £3.5 million, providing a convenient Hollywood base complete with a pool, slide, and wrap-around terrace offering sweeping city views.

Manhattan Luxury and a Rural Retreat

Their East Coast investments included a significant New York City acquisition, a 10th-floor Manhattan duplex purchased for £10.03 million, showcasing a private elevator. In 2020, they extended their NYC holdings with a Tribeca apartment estimated at the cost of £4.2 million.

The pair also planned for a quieter future, buying a six-bedroom rural estate in New South Wales in 2008 for £4.8 million. Spanning 45 hectares, the working farm has alpacas, cows, a guest cottage, tennis court, and an 18-metre swimming pool once envisioned as a perfect retirement retreat.

What Were the Custody, Support, and Legal Terms?

Legal records obtained by Page Six disclose that both Kidman and Urban agreed to waive child support and spousal support. Their daughters, Sunday Rose, 17, and Faith Margaret, 15, will reside with Nicole for 306 days a year, while Keith will have parenting duration for 59 days, stated as “every other weekend.”

Both parties reportedly receive over $100,000 per month, a factor mentioned in their decision not to exchange financial support. They also agreed to cover their own legal charges.

All assets which include investments, bank accounts, vehicles, and personal property will be divided privately by agreement, with each person retaining what they possess now. It remains unknown whether the former pair had a prenuptial agreement in place.

Nicole waived her right to attend court procedures, having come back from Australia with her daughters the day before the settlement was confirmed.

Behind the Split

Nicole filed for divorce on September 30, stating “irreconcilable differences.” A source earlier told The Sun that the couple had been “living separate lives” for almost three years, strained by her demanding filming schedule and his extensive global touring.

The same insider stated that Nicole was “blindsided” by the separation after supporting Keith through challenges with alcohol addiction and trying to save the marriage.

According to TMZ, Keith had already emotionally disengaged from the relationship. One source mentioned:
“But Keith has long had his demons and it was vital to Nicole that he didn’t drink if he was to make their marriage work.”

They further said:
“He has openly told friends he’s made ­mistakes in the past, but Nicole was constantly checking on him, making sure he was OK.
It came from a loving place of concern but it was a case of ‘one more drink and game over’.
It was a lot of pressure on them.”

FAQs;

Q1. Who are Nicole Kidman and Keith Urban?
Nicole Kidman is an award-winning film and television icon. Keith Urban is a globally recognized country music singer and songwriter.

Q2. How long were they married?
The pair married in 2006. Their marriage lasted almost 19 years.