Des Tuppence Moran’s Ascot Vale House Sells For $1.105 Million

THE Ascot Vale home where underworld figure Desmond “Tuppence” Moran was nearly killed sold at auction this weekend for $1.105 million.

The Langs Road home, opposite the northern boundary of the Flemington Racecourse and near the Flemington suburb border, is on a super-sized 1020 square metre block, and includes a historic large home with postcard Melbourne CBD skyline views.

It is not known whether the new owner will restore the salmon pink home, or replace it with a newer home.  According to the Herald Sun, about $600,000 from the sale will be confiscated under the proceeds-of-crime laws.

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Lloyd Williams to Offload Ascot Vale Development Site, Near Flemington Racetrack

MILLIONAIRE entrepreneur Llloyd Williams has quietly listed for sale a horse stable complex opposite the Melbourne Showgrounds, and near the western boundary of the Flemington Racecourse.

In a residential street, the Ascot Vale property is configured as a double-storey home at the front, with equine facilities, at the rear. The commercial component includes 17 stables and an office. The property has rear lane access.

Measuring 1049 square metres, the block is large by inner-city standards, and is being marketed as a residential development site. Apartments within any new project would capture unobstructed city views over the racecourse. Nelson Alexander Ascot Vale’s Andrew Johnston will auction 14 Leonard Crescent at midday, May 14, when it’s expected to sell for between $1.2 and $1.3 million.

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Ascot Vale’s Laurel Hotel Sells For $3.32 Million

ASCOT Vale’s Laurel Hotel sold at auction on Thursday for $3.32 million.

The prominent Mount Alexander Road pub sits on a massive 1167 square metre site and was sold with a five year lease, with two options, each of six years.

Sources say an opportunist owner could develop a high density apartment project above the existing structure while still allowing the drinking hole to operate and fulfil its lease below.

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New High Rise Apartment Set For Around Citylink Sound Tube

ONE plus of the contentious Melbourne @ 5 Million planning policy is that new high rise apartment towers have the potential to dwarf, or hide, eyesore commission flats which are all too prominent around town.

Now an area of Melbourne where high rise public housing towers are particularly prevalent – around the parts of the Citylink motorway known as “The Zipper” and “The Tube” in Ascot Vale – is set to be joined by a new, more stylish neighbour.

Developer Bensons Property Group has started marketing the last stage of its Travancore on the Park project, a $395 million village being developed on the former Lombard Paper factory site in Mount Alexander Road, which was destroyed by fire in late 2004.

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Judy Moran’s Underworld House Mortgaged, then Burned

Judy MoranTHE ASCOT vale home of underworld matriach Judy Moran has been suspiciously burned by fire.

Police were called to the Ormond Road house at about 11pm last night, and just hours after Ms Moran was charged as an accessory for the murder of brother in law Des Moran, in the nearby Union Road shopping strip.

Neighbours reported hearing several gunshot-sounding explosions at Ms Moran’s Ascot Vale house at about 10:45pm, before fire engulfed the front of the 1930s brick property.

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