Redcourt and Cestria Mansions Sell, and to be Restored

The state government finally disposed of its 14-bedroom Redcourt property at 506 Orrong Road, for a speculated $3.9 million, a substantial discount to the $6 million originally touted for the “renovation rescue”, when it was listed for sale last November.
 
Set well back from the main road, the Queen Anne Redcourt mansion includes a billiard room, drawing room, great hall, library and a cellar. The block measures a massive 3,497 square metres and accommodates a coach house, servant’s quarters, stables and tennis court, all of which is rundown.
 
Bennison Mackinnon’s Andrew Macmillan confirmed Redcourt sold and will be restored, but declined to comment on buyer or price.
 
Meanwhile in Hawthorn, the American Romanesque Revival style Cestria mansion at 521 Glenferrie Road also sold to an undisclosed buyer, for a speculated $4.2 million.
 
Cestria sits on a 2,851 square metre block near the corner of Riversdale Road, and is expected to be restored as a 16-bedroom home.
 
Noel Jones and Nichols Crowder marketed Cestria for administrators of failed property group Bellwater International Group. The agents declined to comment on buyer or price.

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Marc Pallisco

A freelance property analyst and journalist, Marc is a co-founder of realestatesource.com.au.

Marc Pallisco

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