The building reputedly cost an estimated £200,000 to build at the time –or about $40 million by today’s standards.
Designed by architect Harry Norris, lines of the reinforced concrete main home are reminiscent of an ocean liner.
Burnham Beeches was converted from a home into a restaurant and hotel in 1980, but shut its doors in 1993.
The estate includes four staff residences, and was marketed as previously being approved for a 51-lot subdivision.
CB Richard Ellis’ Scott Callow and Paul O’Connell marketed Burnham Beeches on behalf of receivers and manager Grant Thornton, but declined to comment when contacted by Secret Agent. Mr Garrison was unavailable.
Prior to the economic downturn, Burnham Beeches’ previous owners also planned to develop a tourist accommodation venture at the property, on the suburb border of Sassafras.
In 2008, Mr Garrison sold his half-share interest in the Windsor Hotel to joint venture partner, the Halim Group. Planning Minister Justin Madden recently gave the green light for a 26-level, 91 metre hotel to be developed behind the historic building.
Mr Garrison was involved in the restoration of Bourke Street’s General Post Office, and was also the co-founder of charitable restaurant Fifteen with celebrity chef Jamie Oliver.