Tennis champ Paul McNamee lists occasionally faulty Malvern mansion
Jonathan ChancellorDecember 7, 2020
Retired tennis champion Paul McNamee has listed his impressive 1930s Malvern mansion.
McNamee is asking for $7.5 million for the property, which was bought for $6 million in May 2008. It had sold at a higher $6.2 million in the pre-global financial crisis in April 2007.
The well maintained 401 Glenferrie Road property is 2153 square metres with heated pool and tennis court.
The empty nesters Paul and wife Lesley have it listed through RT Edgar.
The much-listed house has been sold seven times since 1987.
Its 2008 price reversal, not the first time there was a price fault, as it sold in 1996 at $1.35 million, down on its 1993 $1.4 million sale price too.
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.