Last lot of Sir Reg Ansett's Mt Eliza estate listed

Last lot of Sir Reg Ansett's Mt Eliza estate listed
Last lot of Sir Reg Ansett's Mt Eliza estate listed

The last parcel of Sir Reginald Ansett's former Mt Eliza estate has been listed with expectations around $40 million by Equity Trustees, which manages the R.M. Ansett Trust.

The 22 hectare parcel has limited direct access to Moondah beach.

The area is covered by a green wedge zoning that limits future development on the site between Kunyung Road and Albatross Avenue.

The land has been used for grazing.

The expression-of-interest sale will be handled by professional services firm EY

The R.M. Ansett Trust sale will free up funds to donate to charities that run child-focused programs and scholarships.

Sir Reginald founded Ansett Airlines.

The offering is adjacent the 8.9-hectare former home of University of Melbourne's Melbourne Business School which sold last year to New Zealand's Ryman Healthcare for around $40 million for an aged care facility.

The trust's 22.3-hectare block sits between Moondah and Sir Reginald's original residence, the 11 hectare estate Gunyong Valley, which the trust sold in 2006 for $14.5 million.

Tags: 
Rural Listing Mount Eliza

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