Antony Catalano lists Melbourne mansion, expects at least $15.5m
The media baron is hoping for at least $15.5m for his Victorian-style St Kilda home, ahead of his move to Byron Bay.
Media baron Antony Catalano has listed his St Kilda West mansion with price expectations of at least $15.5m given his relocation to Byron Bay last year where he controls several properties including boutique hotel, Raes.
The seven-bedroom and seven-bathroom house, known as Victoria Mansion, fronts Beaconsfield Parade.
Listed with celebrity agent Jock Langley of Abercromby’s, it is being sold via a private expressions of interest campaign ending on May 31.
Mr Langley said the 1890-built Victorian-style mansion returns a “huge” $40,000 in rental per month and is expected to fetch between $15.5m and just over $17m.
There are already parties interested in purchasing the property, which is close to the old Danish Club, which underwent a spectacular renovation at the hands of fashion owner, Naomi Milgrom. She has since bought several nearby houses which adjoin the 100-year plus Danish Club.
“This is an amazing opportunity, it is one of Melbourne’s grand homes,” Mr Langley told The Australian.
Given its proximity to the waterfront Mr Langley said it was possible the buyer could negotiate with Mr Catalano to acquire a lease on a mooring at the nearby marina.
CoreLogic records show Mr Catalano, who once headed Domain, paid $4.6m for the Beaconsfield property in 2011.
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