Rugby magnate’s mansion takes a price hit

Andrew Cox, the former owner of the Melbourne Rebels rugby club, has relisted his 19th-century Italianate mansion, Narellan, in Brighton, with a significant reduction in its asking price.

The property, which failed to sell last year during Melbourne’s intermittent lockdowns, was originally listed for between $18 million and $19 million, according to Mansion Global.

It is now being offered at $13.5 million to $14.3 million.

The residence, located on Moule Avenue, is a short distance from Brighton Beach.

The estate spans 1389sq m and includes a six-bedroom mansion known for its striking white Victorian facade and historical significance in the area.

The home stands out as a landmark in Brighton, encapsulating the grandeur of its era with modern updates that respect its original character.

Gowan Stubbings and Will Maxted of Kay & Burton Stonnington, the newly appointed listing agents, highlighted the mansion’s unique features, including a turret that offers panoramic views of Port Phillip Bay.

Mr Stubbings expressed his admiration for the property’s historical charm, noting its proximity to other high-value homes in one of Melbourne’s elite suburbs.

“It’s certainly in very good company in the caliber of A$10 million up to A$50 million homes,” he told Mansion Global.

“Brighton, like many of Melbourne’s elite suburbs, has seen several of its historic homes modernised and changed over the years, but Narellan is an icon for the area.”

The house, which has undergone extensive renovations under Cox’s ownership, boasts high ceilings, spacious rooms, and contemporary updates to the kitchens and bathrooms, creating a blend of old-world charm and modern luxury.

These renovations have been sensitively done, maintaining the essence of the period while providing modern comforts.

The ground floor of the mansion features an array of entertainment spaces, including a formal dining room, a billiard room with a bar, and a state-of-the-art kitchen.

The property also includes a gym, sauna, and a self-contained two-bedroom guest wing.

Upstairs, the home offers a main suite with a private balcony, walk-in wardrobe, and ensuite, along with access to the turret.

Outside, the property is complemented by beautifully landscaped gardens, a barbecue terrace with a fireplace, and a pool house complete with a bathroom and kitchen, all set within walking distance to the beach, schools, shops, and restaurants.

The mansion was previously owned by Andrew Bassat, co-founder of the employment website

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