Grollo family banks $3.2m from Woolamai House

The Grollo family has sold Phillip Island’s historic Woolamai House for $3.2 million.

On 1.76 hectares with 140 metres of Cape Woolamai frontage, the homestead was developed in 1876 by hotelier Captain Blake Cleeland who also trained 1875 Melbourne Cup winning racehorse Wollamai, there.

Bruno Grollo acquired it for a holiday home 38 years ago; in 2004 he employed Melbourne architect Robert Simeoni pen an extension, increasing the internal area, more than doubling the internal area to c700 sqm.

The dwelling now contains six bedrooms, four bathrooms, two kitchens and a viewing platform (story continues below).

The family unsuccessfully tried to sell Woolamai House in 2007 – marketed as a lifestyle property it had a c$8m asking price.

In 2011, the owners subdivided eight hectares into 68 lots, then listed them.

Last December, the homestead, on a substantially smaller block, was listed Castran’s John Castran with Alex Scott’s Greg Price.

The 1.7 hectare beachfront site.
An extension more than doubled the size of the old homestead.
Part of the historic home fitted as a living room.
One of Woolamai House’s two kitchens.
The Grollo family extension added this second living area with water views.

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Marc Pallisco

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

Marc Pallisco