Chemist Warehouse co-founder forks out $43m for mansion

The contemporary Lansell Road home was listed with a $40-$44 million guide.

Chemist Warehouse co-founder Sam Gance has spent $43 million on a contemporary mansion in Toorak’s Lansell Road.

The property was offered by Mark Healey, the son of British billionaire Eddie, and his wife, Kelly, in September with a $40-$44m guide.

On 3330 square metres with a pool, tennis court and Paul Bangay gardens, the Carr designed dwelling contains five bedrooms, a study, entertainment, play and an indoor/outdoor room.

Last September, another Chemist Warehouse co-founder, Mario Verrocchi, paid c$40 million for Mt Eliza’s Morning Star.

There is also an entrance lounge, staff room, gym and massage parlour.

Mr Gance has been dating Real Housewives of Melbourne member Janet Roach since 2016.

The Lansell Rd dwelling is two lots from the modern home celebrity chef Shannon Bennett sold for $24m to the Zagame family in February.

It was also in this prestigious street where Darryl Kerrigan stole the front gates of a defendant’s home in 1997 movie The Castle.

Chemist Warehouse founders and real estate

The purchase of 47 Lansell Rd comes two years since Sam’s brother, Jack – also a Chemist Warehouse co-founder – picked up adjoining Toorak dwellings, 7 and 9 Yar Orrong Rd, for a combined $30.5m.

Covering a total of 4271 sqm, that site is expected to be redeveloped with a single home (story continues below).

Sam Gance and Janet Roach have been dating five years.

In late 2014, another company backer, Mario Verrocchi, paid Norman and Tania Smorgon $19.2m for a mansion on 5450 sqm in the suburb at 750 Orrong Rd, which has since undergone a major renovation.

Last September we reported that executive also spent c$40m on Mt Eliza’s historic Morning Star estate.

Damien Gance also co-founded Chemist Warehouse.

Growing commercial portfolio

The Chemist Warehouse founders own substantial commercial product too – recently picking up a major retail outlet on Bridge Rd, beside Richmond Town Hall, for $8.3m.

Last July, members of the group formed part of a consortium which outlaid $12m for Kindness House, on Fitzroy’s Brunswick Street.

The Gance and Verrocchi families also co-established HomeCo, which acquired a portfolio of ex-Masters stores to convert into homemaker-centre type malls.

Kay & Burton and Marshall White marketed 47 Lansell Rd.

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Marc Pallisco

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