Legal bigwig lists one of two Walsh Street homes

The Walsh Street home carries $10.5 million-plus price hopes.

Australia’s highest paid legal chief executive officer, Gavin MacLaren, is selling a South Yarra home after upsizing in the street.

The Georgian, in one of Melbourne’s priciest pockets measured by land value.

The Corrs Chambers Westgarth boss can expect over $10.5 million for the c1930 double storey Georgian at 205-207 Walsh Street.

He outlaid $3.4m in 2007.

The listing comes nine months since the executive paid neurosurgeon Richard Bittar and his wife, Renee, $18m for a c1940 renovated and extended home occupying over 800 square metres on the road, with a pool.

Late last year, he applied for a $155,000 extension.

Walsh St is one of the more highly regarded rows in the suburb’s Domain precinct – with two pockets of Albert Park, metropolitan Melbourne’s most valuable pocket measured by land value.

Domain precinct upsize planned

On 361 sqm, the renovated and extended 205-207 Walsh St contains five bedrooms, two living rooms and a study, retaining period features including hardwood floors and fireplaces, hydronic heating and refrigerated cooling (story continues below).

There is also a garage and alfresco with retractable roof.

Garden irrigation is automated.

About three kilometres from the CBD, the block is about 130 metres to the Royal Botanic Gardens and twice that to Domain Village.

Antoinette Nido and Max Ruttner of the recently formed Sotheby’s Stonnington are the agents; an expressions of interest campaign closes late next month.

Mr MacLaren, who formerly held senior positions with Allens and Freehills, reportedly earns over $7.5m per annum on a contact with Corrs expiring in 2033.

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Marc Pallisco

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