Former NDP co-founder Antonio 'Tony' Esposito lists Brighton home

Kinane, the luxury Brighton home of the former National Dairy Products (NDP) co-founder Antonio 'Tony' Esposito and wife Violeta is up for sale.

The listing comes a year after the company went into liquidation owing millions to diary farmer creditors.

There's a caveat on the property arising from matters concerning his earlier venture, United Dairy Power (UDP), which was sold to a Hong-Kong based company for $70 million in 2014.

The opulent mansion has been listed for $20 million, almost double the $10.8 million paid in 2013.

It was sold by telecommunications businessman Russell Small who had renovated the Max Beck-four level, six bedroom Kinane Street mansion on 2,375 square metres that features a 25 metre indoor lap pool, home gym, executive office, library and cocktail bar.

The top level is wrapped with a terrace overlooking Brighton Beach.

In the basement there's a five car garage, Gold Class home theatre, 1,200 bottle wine cellar, steam room and sauna.

Buxton Brighton are marketing the home - dubbed by locals as the Brighton Town Hall given its prominence - until December 18.

This article was first published in the Weekend Australian.