The managing director of education-based business the Holmes Group, Gaye Dixon, is paying entrepreneur Susan Alberti $12 million for a Toorak mansion.
The buyer, financially affiliated with both the Holmes Institute and the city’s Holmes Secondary College, quietly acquired Heyington Hall last November.
A marketing campaign launched 18 months earlier failed to find a buyer.
The Heyington Place home includes French curtains, hand-painted silk wallpaper and gold Versace fittings.
Adult education has become a lucrative business in Victoria; Holmes College is one of the biggest schools, rivalling CAE (Centre for Adult Education) and Carrick Institute of Education.
Kay & Burton director Ross Savas, who was the last listing agent, declined to comment when contacted by Secret Agent.
Ms Dixon was unavailable.
Heyington Hall was refurbished by Dansu Constructions’ managing director and Footscray Football Club president Susan Alberti over 10 years from 1996.
Ms Alberti is believed to have relocated to a nearby apartment with partner Colin North.