Virgin boss relists Melbourne mansion with a discount

Crossakiel includes formal and informal lounge and dining rooms.

EXCLUSIVE

Eighteen months after a failed marketing campaign, Virgin Australia chief executive officer Jayne Hrdlicka has relisted Hawthorn’s dramatic Crossakiel with a different agency.

The Hawthorn property contains a tennis court and pool.

The five bedroom Victorian with a tennis court and pool covering 2097 square metres on tree-lined Kooyongkoot Road – in the heart of the suburb’s revered Scotch Hill precinct – carries $17-$18 million price hopes.

It was last on the market, initially via an expressions of interest campaign, with a slightly higher guide: $18-$19m.

This later became a private sale – asking $18.495m.

The dwelling was then withdrawn.

Ms Hrdlicka paid $13.3m in 2016, later updating what was already a modernised home.

That seller, recently retired Commonwealth Superannuation Corporation chairwoman – and a candidate to replace Peter Costello as Future Fund board chairperson – Patricia Cross, picked it up from late Bosscom managing director, Robert Hiddlestone, for $1.8m in 1990.

Forbes’ Michael Gibson and Robert Fletcher have the latest listing (story continues below).

Future Fund chair candidate Patricia Cross once owned Crossakiel.

Crossakiel

Penned by Harry Browse Gibbs in 1886, Crossakiel, until about 90 years ago occupying c8000 sqm, was in its early years home to two major merchants: Richard Guthridge and Randal J Alcock.

Later extended, it contains five bedrooms, a music room, billiards room and basement wine cellar and tasting room.

There are also several formal and informal living and dining spaces.

Successive renovations have retained historic features including leadlight windows and marble fireplaces.

Ms Hrdlicka, who also chairs Tennis Australia and has led A2 and Jetstar, moved to Brisbane for the Virgin gig in 2020, later buying a modern home, again with a tennis court, in Coorparoo.

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Marc Pallisco

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