Dionnie Fahour has flipped a double fronted Elwood home 18 months after buying it from chef Teage Ezard.
The former wife of Ahmed Fahour, who when he led Australia Post was Australia’s highest paid public servant, is banking $7.25 million for 10 Byrne Avenue.
She paid $6.35m – setting a then suburb record (which has since been broken twice and now sits at $9.4m).
It has recently undergone some minor renovations.
Chisholm & Gamon’s Torsten Kasper and Carolyn Clarke brokered the off-market deal.
On 832 square metres in Elwood’s leafy Seaside Estate, the property includes four bedrooms, two living and dining areas, a pool, spa and alfresco dining area.
Ms Fahour upgraded to 10 Byrne Ave after selling a nearby home, 84 Ruskin Street, for $3.03m last August (story continues below)
Fahours reweight property portfolios
Ms Fahour’s former family home, Invergowrie at Hawthorn – which she occupied with Mr Fahour before 2018 – recently sold for $40.5m to Trajan founders Stephen and Angela Tomisich.
Another property the Fahours once co-owned in that suburb, the penthouse of 862 Glenferrie Road, traded for $5m late last year.
The pair paid $4.9m for that asset in June, 2017.
The ex-Australia Post chief, who also headed National Australia Bank and is presently Latitude’s managing director, now lives elsewhere in Hawthorn – a Kinkora Rd mansion which cost $16.25m three years ago.
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