Former Warne house remains for sale, while Brighton bakery warehouse tops results

Former Warne house remains for sale, while Brighton bakery warehouse tops results
Jonathan ChancellorSeptember 21, 2014

A former Brighton home of retired cricketer Shane Warne was passed in on a vendor bid of $5.1 million at weekend auction.

Brighton's most famous residents, Shane Warne and Simone Callahan called 102 The Esplanade (pictured above) home four four years until sold for $2.61 million in 2000.

It last sold nine years ago for $3.85 million when bought by the current vendors.

Nick Johnstone Real Estate had the lavish five-bedroom house listed in conjunction with Buxton with $5 million plus hopes.

The highest priced notified Melbourne sale of the past week was $3,525,000 when 1A Rose Street, Brighton (pictured below), a bakery warehouse style offering, sold late last week through hockingstuart.

The REIV reported a clearance rate of 75% was recorded on the weekend compared to 73% last weekend and 78% this weekend last year.

There were 894 auctions reported to the REIV this weekend, with 104 passed in on a vendor bid, Enzo Raimondo, the REIV chief said.

The Warne's bought the home, which comes with ocean views, for $902,000 in 1996.

The Warne's bought from the Goldstein family and sold in 2000 to Morry Fraid when they moved to Middle Crescent, Brighton which was bought for about $3.5 million in 2000 and sold for about $8.75 million seven years later.

It is understood that both Shane and Simone still reside in Brighton.

In February this year Simone spent $2.6 million on her abode.

Shane sold Kilkerran with downsizing plans to another Brighton house, although the reported $4 million sale has yet to be registered.

His historic four bedroom house, Kilkerran, which sits on a 2,202 square metre estate, fetched $10.85 million. 

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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