Shannagolden secures $18 million Brighton record to end cold snap

Shannagolden secures $18 million Brighton record to end cold snap
Jonathan ChancellorDecember 7, 2020

Shannagolden, one of the largest estates on Brighton's coveted Golden Mile, has been sold for a reputed $18 million record price.

The four bedroom house on 3900 square metres at 12 Moule Avenue sold through Jonathan Dixon at the JP Dixon agency.

It was the second prestige price record paid last week in Melbourne with a $12 million plus sale also secured in Albert Park, reputedly to a travel industry executive.

Shannagolden was sold by the pathology pioneer Wallace Cameron and wife Joan, who also own the Mt Macedon estate, Sefton.

The Cameron's, who bought Shannagolden for a then $5.1 million record in 1997 through Dixon, reportedly has $25 million expectations in 2011. 

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The Age report it was bought by the retired businessman Julius Colman and wife Jadwiga.

The Salvo family's Glyndon Avenue property had held Brighton's record of $15.6 million since.

Shannagolden is a contemporary mansion built about 35 years ago.

It's prior owners include the Pelaco and Vaughan families.

Brighton has been something of a sleeping giant over the past year, with sales slow to be secured.

The former Australian cricket captain Ricky Ponting and wife Rianna - who are expecting a baby brother for their two daughters  - moved into their property in Brighton last year after paying $9.25 million.

It is the Shandford Estate, a 1920s Edwardian seven-bedroom house on 1890 square metres of land, which has a billiard room, library, tennis court and a private laneway to the nearby beach.

Last sold at $2.7 million in 1999, the Brighton house was sold by private treaty through JP Dixon last March.

The 39-year-old former Tasmanian told the News Ltd weekend paper he was enjoying the shift from Sydney.

"Obviously it’s more my lifestyle in Melbourne, coming from Tassie, being around footy and even the weather is a bit more what I’m accustomed to," Ricky Ponting said.

Shane Warne sold his Brighton home, Kilkerran late last year for $10.85 million, and is reported to have recently spent around $4 million on a four bedroom, two bathroom Kinane Street, Brighton home.

The heritage-listed property, Kilkerran was bought for $8.55 million in 2009 with his then-wife Simone Callahan.

It had been completely renovated to include a wine room, a gym, basement garage, tennis court, cinema and a pool with Warne's cricket number, 23, inscribed on the bottom of the pool.

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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