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Trophy homes: Lloyd Williams offers his Macedon Lodge in Victoria again and Crown grosses $1.2bn so far for Barangaroo tower

Racing aficionado and property developer Lloyd Williams has relisted his Australian thoroughbred operation with apartments and houses.

Macedon Lodge is for sale again. Inset, Lloyd Williams.
Macedon Lodge is for sale again. Inset, Lloyd Williams.

Racing aficionado and property developer Lloyd Williams has relisted his Australian thoroughbred operation, which produced four Melbourne Cup winners and several Group I stars of the turf.

Williams spent more than $30m on his 120ha horseracing facility, Macedon Lodge, which was carved from the foothills of the Macedon Ranges about 30 minutes from Melbourne Airport.

Inglis Rural Property, in conjunction with LAWD, is marketing Macedon Lodge through Mark Wizel of Advise Transact, who is managing the sale on behalf of the Williams family.

The property offers staff accommodation including five apartments, two semi-detached homes, a caretaker’s flat and proprietor’s apartment above the main stables.

It first hit the market in 2020. The price guide is about $15m.

“We have the relaunched the campaign this week because international borders have just opened up,” Wizel says.

Going flat out

Crown is focusing on selling the remaining apartments in its 82-unit tower at Sydney’s Barangaroo by June 30, according to its just released financial results for the half year. Having settled the sale of about 63 apartments and one resale, according to CoreLogic, the casino operator said it had pocketed almost $1.2bn in gross sales and pre-sale commitments on the apartments.

View from the top at the Barangaroo tower.
View from the top at the Barangaroo tower.

Buyers have included gaming billionaire James Packer, who paid $72.2m for a double-storey unit, and investment banker Trevor Rowe, who paid $13m.

As of December 31 last year Crown said it had earned $975m in sale proceeds from the luxury units. With a price tag of $100m-plus, the tower’s penthouse remains on the market. Knight Frank partner Erin van Tuil has handled the sales.

Dip a toe in the water

Just how popular the NSW south coast township of Vincentia is with holiday-making Sydneysiders will be put to the test with the $7.5m price guide for a 1985-built Mediterranean-style waterfront villa that has just hit the market. Marketing agent Scott Morton of Jervis Bay Properties is handling the marketing campaign for the villa, which has six bedrooms and five bathrooms across a sprawling site fronting Orion Beach.

Morton says east coast residents have shown a lot of interest in the Caroline Street villa, which is fully fenced, has remote-control gates and a monitored security system across the 1012sq m site. Waterfront properties infrequently hit the Jervis Bay market, south of Sydney, he says.

“Our prices have gone up more than in Sydney,” Morton says. The Vincentia price record was set at $5.2m four weeks ago when a modern house on a 600sq m block sold. “These ones on the north-facing side of the bay don’t trade very often,” Morton says.

An auction date is yet to be set.

Alpine retreat

Former international skiing champion Ivan Pacak has listed his four-bedroom Nordic-style property in Mansfield, in the foothills of the Victorian Alps. About $1.3m-$1.4m is expected for the Kidston Parade property set on 0.7ha near Mansfield Golf Course. The home includes a three-sided Maison Fireplace, hydronic underfloor heating and cooling, and a covered alfresco entertaining area with a Nestor Martin fireplace.

Pacak, a former international downhill slalom skier, represented Czechoslovakia in the 1980s and was skiing the World Cup circuit from age 16. He came to Australia in 1985 and worked as a ski technician at nearby Mt Buller before coaching skiers of all ages.

The property is for sale through McGrath Mansfield agent Tony Wilks.

Originally published as Trophy homes: Lloyd Williams offers his Macedon Lodge in Victoria again and Crown grosses $1.2bn so far for Barangaroo tower

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Original URL: https://www.dailytelegraph.com.au/business/trophy-homes-lloyd-williams-offers-his-macedon-lodge-in-victoria-again-and-crown-grosses-12bn-so-far-for-barangaroo-tower/news-story/8bb4512b3335594477264e36440bff2f