Ahmed Fahour to retain Invergowrie

Ahmed Fahour – who was until recently Australia’s highest paid public servant – has withdrawn Hawthorn’s landmark Invergowrie from sale.

The 1.023 hectare Coppin Grove property carried a $40-$44 million guide upon listing four months ago.

Advertisements were pulled down by the end of last week.

It is speculated Marshall White’s Marcus Chiminello may now promote it off-market, possibly before a relaunch later this year.

Invergowrie cost Mr Fahour $22m in 2013.

A renovation of the c1851 Colonial Gothic style bluestone mansion added $4.5m (story continues below).

The estate includes six buildings, a tennis court, swimming pool and established gardens.

In May, the property next door – Avon Court, on 4645 sqm – was listed with c$45-$50m price hopes.

The record price for a Melbourne home was reported in February when antique dealer Rod Menzies sold the country’s former government house, Stonington, in Malvern, for $52.5m.

In March it was reported Mr Fahour and his wife, Dionnie, paid more than $16m for a c1887 Victorian on 3371 sqm in Kinkora Rd, Hawthorn.

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Marc Pallisco

A freelance property writer and experienced analyst, Marc is the co-founder of realestatesource.com.au