Pub baron Bruce Dixon puts Elwood mansion up for sale he bought from Collingwood star Scott Pendlebury
Pub baron Bruce Dixon has just listed his Elwood home that he bought from Collingwood star Scott Pendlebury. SEE INSIDE.
Pub king Bruce Dixon has is selling his modern Elwood mansion for sale that he purchased from AFL champ Scott Pendlebury.
Property records show the Dixon Hospitality Group founder bought the four-bedroom house at 37 Addison St in August 2022 for $6.5m from the ex-Collingwood captain.
Dixon sold a controlling stake in his pub empire to global investment firm Kohlberg Kravis Roberts in 2017 for about $190m which was later renamed Australian Venue Co and has more than 200 venues operating across the nation, including Hotel Esplanade in St Kilda.
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The business bigwig was also the former executive of Healthscope and Spotless.
Now, he’s selling the Elwood residence with $5.7m-$6.27m price hopes.
While RT Edgar director and listing agent Michael Ebeling declined to comment on the seller, he said the contemporary home — built just six years ago — had a loft area above its garage which could be used as a yoga studio or another bedroom.
“It’s just very well designed. It’s great spot, very short walk to the beach and the Elwood shops,” Mr Ebeling said.
He added that newly built or renovated homes were selling better than properties that needed work due to construction costs.
“A lot of people got … plans and permits approved, and then they’ve found their renovation costs, their quotes and the bills (are doubled),” he said.
“So a lot of people are more comfortable just buying a renovated house or newly built house so you know exactly what you’re in for.”
The property was designed by Adam Kane Architects, with gardens created by Bethany Williamson.
Polished plaster walls, Signorino stone and American oak floorboards are consistent throughout the home.
A magnesium swimming pool and spa, a mini basketball court, sauna, wine cellar, gym and double garage are other highlights of the property.
In August 2022, the Herald Sun reported that Scott Pendlebury and his wife, Alex were sad to be leaving the house they built.
“We are proud of this one and will miss the ‘hood, but v(ery) excited for the next chapter,” their posts read,” their social media posts read at the time.
Dixon has made a number of real state moves across the state including the purchase of an equestrian facility in Drydale for $7.5m, which was previously owned by Olympian Mary Hanna.
He later sold the property and upsized in 2022 to the 120ha Macedon Lodge from Lloyd Williams’ family for $19.5m.
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sarah.petty@news.com.au
Originally published as Pub baron Bruce Dixon puts Elwood mansion up for sale he bought from Collingwood star Scott Pendlebury
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