Kew mansion built by Ahmed Fahour on historic La Verna estate relisted
EXCLUSIVE
A contemporary mansion built by businessman Ahmed Fahour on land which once formed part of Kew’s La Verna Estate is for sale.
Mr Fahour sold 31-33 Sackville Street for $7.1 million in 2013 ahead of a move to Hawthorn.
On a “resort style” holding of 2027 square metres with a pool and a tennis court, the six bedroom Kew home includes a home office, gym, steam room and cellar.
It also offers six bathrooms and a six car garage.
Jellis Craig’s Mark Josem and Greg Toogood are marketing the mansion this time around.
The property hasn’t yet made it to listing websites, including the market-dominating realestate.com.au. But a page about the listing is on the Jellis Craig website. It is unknown what price the vendors are seeking.
Mr Fahour built the mansion on a subdivided piece of the La Verna estate.
Developer Phillip Watts paid the Catholic Church $8.3 million for La Verna in 2002 – then subdivided seven blocks out of the 1.2 hectare estate.
La Verna stayed standing on a 3316 sqm plot and was refurbished into a luxury home.
In 2008, we reported that it sold for more than $12 million – a price which set a suburban price record at the time.
The La Verna estate, which stretched back to Rowland Street – another prestigious Kew row – had previously been used as a monastery, grief counselling centre and school retreat.
Mr Fahour moved from Kew to Hawthorn’s landmark Invergowrie estate – a property he bought off-market from champion skateboarder and Globe International founder, Peter Hill, for about $22 million.
At the time the businessman was Australia’s highest paid public servant, being the chief executive officer of Australia Post.
Mr Fahour renovated Invergowrie and subdivided and sold a block fronting Shakespeare Grove.
Last year, Mr Fahour paid $16 million for another historic Hawthorn home in Kinkora Road.
Invergowrie was listed for sale with a price guide of between $40 million and $45 million last May, but was withdrawn (from the public market) several months later.
