Grollo family banks $3.2m from Phillip Island’s Woolamai House

The Grollo family has sold Phillip Island’s historic Woolamai House.

On 1.76 hectares with 140 metres of frontage to Cape Woolamai foreshore, the 1876 homestead is trading for $3.2 million.

The property was developed by hotelier Captain Blake Cleeland, who also owned 1875 racehorse Woolamai, which was trained on the hamlet.

Bruno Grollo bought it as a holiday home 38 years ago – in 2004 employing Melbourne architect Robert Simeoni to extend it from 325 square metres (35 sqm) to about 700 sqm (75 sq).

It now has six bedrooms, four bathrooms, two kitchens and a viewing platform (story continues below).

The family unsuccessfully tried to sell it in 2007; marketed as a lifestyle property, it had an $8m asking price.

In 2011, the family decided to subdivide and sell-down eight hectares as a 68-plot housing estate.

Last December, Castran’s John Castran with Alex Scott’s Greg Price listed Woolamai House, on a substantially smaller parcel, for the family.

Now known by the address of 14 Grofam Court, Cape Woolamai, it carried a price guide of more than $3.5m.

The 1.7 hectare site has about 140 metres of beach frontage.
An extension (left) more than doubled the size of the old homestead (right)
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