Peter Carrick sells Melbourne home after $2m discount

The Carricks listed 19 Ardmillan Road in late 2021 asking $8.7-$9.5 million.

EXCLUSIVE

Racing identity Peter Carrick, also the director of CDC Plumbing and Drainage, which collapsed last month, and his wife, Patricia, have sold their dramatic Moonee Ponds house after relisting it for a major discount.

The Chris Clout designed home features a four sided overflow pool.

The Chris Clout designed dwelling, 19 Ardmillan Road, is under offer after hitting the market nearly three weeks ago asking $7.49 million.

It was last offered in late 2021 – 10 interest rate rises ago – with a guide of $8.7-$9.5m.

Wayne Carey owned Gowrie at 10 Ardmillan Road between 1995-1999.

The deal comes five years since the pair sold another Chris Clout penned home at Noosa – banking $3.8m.

The couple, who missed out on buying Black Caviar in the 2008 Melbourne Yearling Sale, also hold the Noorilim Park thoroughbred farm at Arcadia, south of Shepparton.

Covering 90 hectares on the banks of the Goulburn River, that cost $550,000 in 2006.

Quarter to forget

CDC Plumbing and Drainage and an associated company, Aerolink, collapsed owing $7.1m to creditors; ineligible for the Jobkeeper scheme, it absorbed additional staff, then material costs, during COVID (story continues below).

Black Caviar owner Neil Werrett recently banked $130 million from a Clyde North site (outlined).

The Carricks also own that business’ headquarters, 13 Aerolink Dve, Tullamarine, and other properties in that street, including 9A and 11.

Ben Westover opened McDonald’s 1000th Australian store in Melton South in 2020.

Nelson Alexander’s David Vaughan and Eleanor Currie marketed 19 Ardmillan Rd, which replaced a red brick Californian Bungalow the Carricks acquired for $2.05m in 2013.

On 892 square metres, their dwelling won HIA House of the Year in 2017 – it is believed to be Australia’s first home with a four sided overflow pool.

Over three floors, including a six car basement garage, it also contains four bedrooms and two poolside entertainment areas, one with a teppanyaki kitchen, built in couch and open fireplace.

Elsewhere on the street, considered Moonee Ponds’ best along with Park, Ben Westover, the owner of multiple western suburb McDonald’s restaurants, in 2018 outlaid $10.25m for an c1890 mansion on nearly 2700 sqm with a tennis court and pool.

Ex-AFL player Wayne Carey also held an Ardmillan Road home, Gowrie, at #10, which he bought for $620,000 in 1995 and flipped four years later following a renovation for $1.15m.

Those vendors sold it again, in 2017, for $3.9m.

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Marc Pallisco

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