Mick Gatto's Lower Plenty abode under contract

Mick Gatto's Lower Plenty abode under contract
Jonathan ChancellorNovember 14, 2016

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.

Editor's Picks

Capri prepares to welcome residents to resort-style villa community on Isle of Capri
Buyers take advantage of WA stamp duty concessions as Incontro Subiaco apartments near 50% sold
Gold Coast buyers starting to think longer-term: Five minutes with SRQ Projects Director Nick Clydsdale
A "passion project" not to be repeated: Inside DJ Fisher's Pescado Palm Beach with Jayde Pezet
Why Danby Lane in Nundah is more than just a project for Gardner Vaughan Group: Five minutes with Sam Gardner