Glynt Manor back on the market

by AF

Glynt Manor, Mount Martha
$3,250,000

In a rather unusual twist, Glynt Manor has been put back on the market less than 7 months after the current sellers purchased it.

The coastal home was designed by architect Harold Desbrowe-Annear for the Henty family. When it was completed in 1914, it was a single-storey farmhouse. The castle-like 2nd-storey was a later addition.

The Henty’s lived in the home for just three years before selling it to the Buxton family in 1917. Dame Rita Buxton resided in the home for 60 years. It was sold in the 1980s and became a tourism resort called ‘Glynt by the Sea’ before later becoming a bed-and-breakfast in the 1990s.

Sale

The house was listed by its previous owners since mid-2010 for $6.5 million, but failed to find a buyer. The Commonwealth Bank eventually stepped in to sell off the property, and was purchased by the Zampelis restauranteur family in November 2011 for $3,399,000. They promptly listed it for rent, but in June 2012 listed it for sale with $4 million-plus hopes. By October, the price was dropped to $3.6 million plus, but has since been reduced to $3,250,000.

The home and its previous owners were featured in an SBS documentary called Demetri’s Castle.

Location

10 Greenslade Court, Mount Martha, Victoria, Australia

Listing information and images via Realestate.com.au

Sources:
‘The historic gothic 1914 Mount Martha mansion Glynt Manor back on the market’ Property Observer, June 26, 2012.
‘Zampelis family regain a crown with purchase of Mt Martha castle Glynt Manor’ Property Observer, March 14, 2012.
‘Mount Martha’s iconic Glynt Manor for sale’ Domain.com.au, July 24, 2010.
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