It is the prestige property deal 11 years in the making.
Millionaire pub and poker machine owner Bruce Mathieson has finally sold his family home in Melbourne’s bayside suburb of Brighton – for a price speculated to be close to $10 million.
The buyer is understood to already live in the pocket.
In 2007, we reported Mr Mathieson was first seeking to offload the triple-storey manor with five bedrooms, a library, Gold Class theatre room and five car garage.
At the launch of that campaign, with a different agency, the property was seeking $9 million – a price which was eventually discounted to $7.5 million – before the house was withdrawn from the market.
According to Forbes’ most recent Rich List survey, Mr Mathieson is Australia’s 42nd wealthiest individual, with a net worth of $910 million.
The Brighton sale comes two months after Bruce Mathieson Junior spent $11.6 million on a beachfront home on the Gold Coast’s exclusive Hedges Avenue.