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.
