Mick Gatto's Lower Plenty abode under contract
Jonathan ChancellorDecember 7, 2020
Mick Gatto has sold his Lower Plenty mansion in Melbourne for an unknown sum.
Offers closed last week for the colourful identity’s multimillion-dollar abode.
Barry Plant Doncaster East agents Adele and Sam Kocuk secured the sale of the sprawling 0.4 hectare property which was thought would attract about $3.8 million.
It last changed hands for $2.1 million in 2005.
There are two mortgages on the title, which also had five caveats when it was put on the market.
It is all very high security with burglarproof meshes, four-way locks and deadlocks.
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.