Stanley Bruce: Former prime minister’s childhood Melbourne home sells
The boyhood home of former Australian prime minister Stanley Bruce has sold in an off-market multimillion-dollar transaction.
The grand Melbourne mansion Airlie, at 452 St Kilda Rd, sold for an undisclosed price between $11-$12 million.
Jellis Craig Boroondara agent Cher Coad said she knew of a buyer that would be interested in the historic residence and after two weeks of negotiations, the contract was signed.
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“The buyers live in an apartment nearby, I knew what they wanted so matched them up with this one,” Ms Coad said.
“They are going to restore the house to its former glory and open it to the public.”
Mr Bruce, who was prime minister from 1923-1929, spent many of his younger years living at the residence.
In 2007, the estate reportedly sold for $12 million to developer Asian Pacific Building Corporation.
The backyard of Airlie was then transformed into the Blackman Hotel, an 18-level, 209-unit tower.
In 2010, the grand residence was put on the market by developer Will Deague and reportedly sold for about $8 million.
Since then it has been used as corporate offices. Now, it looks set for a full restoration.
The grand home has six bedrooms, six bathrooms, formal and informal living areas, a billiard room, chandeliers in most rooms and nine fireplaces.
The mansion, which is surrounded by apartment towers, has been updated over the years but is in need of another overhaul.
There are cracks in some of the walls, but the original details, including stunning ceiling roses, stained glass windows, grand archways and mosaic and tessellated tiling, are still intact.
The kitchen and bathrooms have been updated in a modern style.
Ms Coad said it was a “fantastic price” for the property.
“I am very thrilled to be part of this historical transaction, and make it happen,” she said.
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