Trophy homes: Madman co-founder Paul Wiegard’s new release

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Madman Entertainment co-founder Paul Wiegard has listed his Victorian terrace in Fitzroy. Known as Fitzroy House, the 1870s terrace comes with a state-of-the-art three-level extension by Techne Architect. Wiegard paid $2.1m in 2008 for the home, which sits on a 350sq m plot landscaped by Jenny Smith. The dining room in the front section of the home opens to an internal courtyard that links the original house to the contemporary extension. Its roof deck is fitted with a kitchenette, barbecue and dining area. Kay & Burton South Yarra agents Darren Lewenberg and Grant Samuel have set a June 3 auction date.

Renovated penthouse sells

Businessman and art collector Greg Hargrave has sold his penthouse atop the ultra establishment block, 99 Spring Street, in Melbourne. Encompassing the entire 25th floor, the four-bedroom, three-bathroom apartment has a home office and outdoor terrace with views over the CBD. The renovation is not to everyone’s taste. He’s owned it since paying $4.08m in 2013. Dingle Partners agent Anton Wongtrakun had a $7.5m price guidance this time round. The building was originally constructed in 1968 as one of the first purpose-built residential buildings in the Melbourne CBD. The penthouse, once owned by entrepreneur Robert Holmes a Court, has been transformed. The lift foyer comes with graffiti art by Anthony Lister. Hargrave sold Wavendon, the historic 1888 South Yarra trophy home, for about $18m early last year. Hargrave, then with the Skilled Group, paid $11.25m for the three-level Walsh Street home in 2006 in an off-market deal.

Car dealer’s unit on the block

Perth millionaire car dealer John Hughes is now seeking $2.2m from buyers for his Claremont investment apartment. There was initial $2.4m price guidance from Hughes, who credits his business as Western Australia’s most trusted car dealer since 1969. The longtime Mosman Park resident paid $2.3m in 2006 for the ground floor garden apartment set behind a classic limestone wall and surrounded by lush greenery. The apartment has three bedrooms, two bathroom and twin dining areas. Olivia and William Porteous at William Porteous Properties International have the listing.

A vintage price

The chief executive director of Treasury Wine Estates Michael Clarke and wife Fiona have sold their modern family home in Brighton for $2.68m. The Whyte Street home was expected to fetch more than $2m at its auction through Jason Collie of Marshall White Brighton. It cost the couple $2m three years ago, around the time he became managing director and chief executive of Treasury Wine. The state-of-the-art home comes with two decks interconnected by a breezeway dividing the four-bedroom home. It is surrounded by a wrap-around pool.

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