Former CUB chief offers Hawthorn home

The Chrystobel Crescent home carries a $6.5-$7 million guide.
An open-plan casual living and dining area.

Recently retired Carlton & United Breweries chief executive officer Peter Filipovic and his wife, Marina, are selling their Hawthorn family home.

At 38 Chrystobel Crescent, in the esteemed Grace Park estate, near Glenferrie Oval, the pair are expecting $6.5-$7 million.

They paid $4.45m eight years ago.

Jellis Craig’s Mike Beardsley and Ellen Morrish are the agents.

Mr Filipovic retired from CUB in late 2021 and now invests in pubs.

Last May the executive formed a partnership with Ryan’s Hotel Group’s Sydney based founder, Patrick Ryan, paying a speculated $11m-plus for the Commercial Hotel freehold going concern in Brisbane’s Redbank.

38 Chrystobel Crescent

On 827 square metres near the Glenferrie Rd retail strip, 38 Chrystobel Cr contains a self-cleaning pool and spa and two off-street car parks (story continues below).

The Hawthorn home contains a gym and formal lounge and dining rooms.

The dwelling was developed in 1890 and extended in 2006; over two floors it contains five bedrooms, formal and informal lounge and dining rooms, a study, rumpus room, stone finished kitchen and wine cellar.

A renovation retained heritage features including lace work around the verandah and marble fireplaces.

A lower level rumpus room opens to the backyard.

Elsewhere in the street, in 2021, businessman Murray Winstanley banked $13.5m for his family home on 1814 sqm across the road – 45 Chrystobel Cr.

In commercial property circles, meanwhile, developer McMullin Group in 2020 acquired the ex-Westpac bank, at the north west corner of Glenferrie Rd and Grace St, for $11.5m with plans for a six storey office, part of which will dub as its headquarters.

Also in the pocket, Lido Cinemas owner Eddie Tamir last year purchased the Coles supermarket at 655 Glenferrie Rd, at the south west corner Linda Cr, for $24.5m, reflecting a 1.9 per cent yield.

Combined with his neighbouring holdings, the deal gave the executive a 3836 sqm amalgamation with significant long term development upside.

Subscribe to our newsletter at the bottom of this page.

Share or Recommend article

Marc Pallisco

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