Avon Court for sale again

The Shakespeare Grove block spreads nearly 4300 square metres.

Postscript: this property sold on March 20 for $41 million to Curve Finance CEO Mikhail Egorova and his wife, Anna, who last May acquired the neighbouring Verona mansion for $18.25m.

The on again off again campaign to sell Hawthorn’s dramatic Avon Court is on again.

Avon Court contains nine bedrooms, seven bathrooms and a 10 car garage.

In the suburb’s revered St James Park estate the four storey renovated and extended mansion, which famously has eight kitchens, carries a $38-$41 million guide.

The property was last on the market in 2021 – during Melbourne’s second lockdown – initially for $45-50m, then discounted to $40m firm.

Shrublands in Canterbury hit the market this week.

It was also offered in 2018, again with $45m-plus price hopes.

The vendors, the Du family, paid $19.8m in 2014.

That seller, late racing car driver Garry Dumbrell picked it up five years earlier from ex-Richmond Football Club president Clinton Casey and his wife, Leslie, for $20.25m – setting a then Victorian house price record.

Kay & Burton’s Grant Samuel with Ascend Real Estate’s Chen Sun have the latest listing.

Avon Court is the third Melbourne property to hit the market in the last fortnight with a $30m-plus guide: the others are Shrublands, in Canterbury, expected to fetch over $37m, and 35-39 Albany Road, Toorak, asking $45m-plus (story continues below).

Ahmed Fahour sold Invergowrie in 2021.

Avon Court

On 4249 square metres – or just over an acre – Avon Court at 18-20 Shakespeare Grove was developed in 1890.

Ralph Carr offloaded 26 Shakespeare Grove in 2019.

Following an extension by Mr Casey, it contains nine bedrooms, an 18 seat cinema, ballroom, gym, 4000-bottle wine cellar and 10 car garage. One of the seven bathrooms has an image of late Richmond footballer Jack Dyer mosaiced into the floor tiles.

The estate also includes extensive front and back gardens, one fit out with a play area and mini soccer pitch, in place of a tennis court.

Former Richmond footballer Jack Dyer is mosaiced into an Avon Court bathroom floor.

The listing comes nearly two years since ex-National Australia Bank chief executive Ahmed Fahour offloaded the neighbouring Invergowrie, with an address of 21 Coppin Gve (a street which is a continuation of Shakespeare Gve), and on 2.55 acres, to healthcare executives Angela and Stephen Tomisich for $40.5m.

In 2019, meanwhile, Ralph Carr offloaded 26 Shakespeare Gve for $9.6m, a significant discount on its then $12m-plus guide.

Other residents in the pocket include Susan Harris, the ex-wife of Flight Centre co-founder Geoff, and the Sutton family, of car dealership fame. Former Swisse Vitamins executive Radek Sali, who recently moved to Byron Bay, also holds a block of land in the pocket – 32 Coppin Gve – which is for sale at over $11m.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.