AFL chairman Mike Fitzpatrick spends close to $9 million in South Yarra
Investment banker Mike Fitzpatrick, the chairman of the Australian Football League, and his wife, Helen, have bought in the Melbourne suburb of South Yarra for close to $9 million.
It’s a 1930s house on 693 square metres in the Domain precinct, which the Fitzpatricks bought from interior designer Melissa de Campo. De Campo paid $3.45 million for the property in 2003.
Not quite within a drop punt of the MCG, but the Royal Botanic Gardens is almost their front yard.
Designed by architect Marcus Martin, the four-bedroom recently renovated house on a cul-de-sac had been listed for March tender through Kay & Burton South Yarra's Michael Gibson and Ross Savas with $10 million hopes.
The house comes with a north-facing garden, study and casual family area that opens to a deck and pool. The property also has open fireplaces.
Rumours have been rife of the prominent couple’s purchase since its May 30 exchange, with the price yet to be revealed.
At the $10 million asking price being initially sought, the pricing represented $14,430 per square metre. At $9 million it reflects $13,000 per square metre. In 2004 a street sale equated to a local record of $6,160 per square metre. In 2000 the keen punter and former Crown Casino boss Lloyd Williams secured a then record $3,099 per square metre for his family house on the street.
