AFL boss Gillon McLachlan’s Prahran property pulled from the market
Outgoing AFL boss Gillon McLachlan, who had been looking to offload his pricey Prahran pile for $11m, has taken it off the market.
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Outgoing AFL boss Gillon McLachlan’s pricey Prahran pile has been pulled from the market.
According to industry sources, Mr McLachlan has decided to keep the mansion for the time being, and potentially rent it out or try to sell again at a later date.
The lavish address in one of the suburb’s top streets has been a regular destination for football’s movers and shakers, with events involving senior coaches held there annually before the pandemic.
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High-end property expert, Morrell and Koren buyer’s advocate Dave Morrell, said there had been a slow down in demand for $10m+ Melbourne homes with the action unlikely to pick up until after Christmas.
“Generally speaking, this is the quietest spring in decades with the number of transactions,” Mr Morrell said.
“Good things still sought after, but if there’s an issue, then (buyers) are: ‘Thanks but no thanks’.”
He described the market as “frozen” with neither buyers or vendors seemingly in a hurry to make deals.
“One stopping at the gate, then they all stop,” he added.
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Mr Morrell said a house like the AFL footy boss’ could be rent out for about $2000 per week.
The reported Prahran residential record sits at $16m, paid in October 2020 for the 1880 six-bedroom mansion on 1688sq m at 33 Grandview Grove.
No. 31 on that same stretch sold for $12.75m in 2016, while No. 6 fetched $9.65m in 2021.
McLachlan is preparing for a new career after nine seasons at the helm of the AFL, with the end to his tenure slated for the end of this year.
Front runners to replace him include senior AFL executives and several chief executives from the code’s clubs, with Greater Western Sydney boss David Matthews having already confirmed he had been interviewed for football’s top job.
Sales records show McLachlan and his wife Laura bought the six-bedroom house for $4m in 2012.
The 1189sq m property was first listed for sale earlier this year it had a $10m-$11m asking price.
An expressions of interest campaign was due to conclude on September 8.
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