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Mt Macedon's Sefton Estate Hits The Market, Asking $12 Million

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Written by Marc Pallisco   
Sunday, 11 July 2010 23:46

GRIBBLES Pathology founder Wallace Cameron is selling Mt Macedon’s iconic Sefton estate.

Built by Lord William Lawrence Baillieu as a private summer family holiday home, and sitting on 8.8 hectares, the exclusive lifestyle property includes a nine-tee golf course, tennis court, croquet lawn and an English garden influenced by noted Royal Botanic Gardens directors Baron von Mueller and W R Guilfoyle.

The estate includes a 13 square weatherboard cottage, and a 474 square, two level, ten bedroom purpose built modern accommodation lodge.

The main residence, a 910 square metre Tudor style residence, includes seven bedrooms, a billiards room and a glass atrium roof sitting room.

In 2005, Mr Cameron paid the Fosters Group a whopping $8.175 million for Sefton, which had a reserve of $4.625 million. Sefton has also been owned by entrepreneur John Elliott.

Keatings Real Estate Woodend’s John Keating – who is championing a more transparent and ethical way in which price guides are presented in advertising – says Sefton has a reserve price of $12 million.

If it doesn’t sell beforehand, Sefton will be auctioned at noon on Thursday July 29.