Tigers CEO lists $6m-plus Melbourne pad
Richmond Football Club chief executive officer Brendon Gale and his wife, Jane, have listed their bayside family home.
The 107 year old Federation at 397 New Street, on the south west corner Elwood, Brighton, carries $6-$6.6 million price hopes.
The pair paid $2.525m in October, 2008, against a $2.55m asking price.
Seven years ago, they spent just over $974,000 on a refurbishment and extension.
Mr Gale, nowadays a lawyer with King & Wood Mallesons’ banking and finance arm, played for the Tigers for 12 seasons until 2001, later leading the AFL Players Association.
He was appointed Richmond CEO in mid-2009.
Brighton showpiece
With six bedrooms – one concealed behind a swinging wall – a cigar room, formal and informal living and dining rooms, the renovation of 397 Bay St retains many original features including decorative or timber strapped ceilings and box bay windows.
Two of the fireplaces are marble (story continues below).
The kitchen includes a freestanding Belling cooker, purpose built stone island and integrated bar.
The upper level features a retreat opening to a terrace.
On 1288 square metres, the property also contains established gardens, a north facing alfresco area, gas heated pool beside a shower and remote double garage.
Buxton’s Stefan Whiting and Kym Williams are the agents.
Late June we reported developer Primeland snapped up Brighton’s Savoy reception centre site at 150 The Esplanade for a speculated price of nearly $30m.
A luxury apartment and townhouse project is earmarked for the block, also with Victoria and Wellington street frontage.
The vendor, the Lee family, held the property since 1967.
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