Fortuna Villa still seeking buyer

by AF

Fortuna Villa, Bendigo’s most elaborate mansion, failed to receive a satisfactory offer during its sale-by-tender campaign which ended on December 7. A total of six tenders were received prior to the deadline, but did not meet expectations. A further three tenders were made after the deadline but were not opened.

The Defence Department will review marketing options and place the historic 60-room mansion back on the market this year. It was reported earlier that they were hoping for offers of around $3 million, however Labor’s Federal Member for Bendigo, Steve Gibbons, believes this figure is too high.

*Update: The villa was reported to have sold at auction on April 12, 2013, for $3,000,000, but the sale fell through. It later sold to a private individual for $2.21 million

Read more about Fortuna here.

Sources:
Historic Bendigo mansion up for sale again, ABC News, January 4, 2013.
Bendigo’s Fortuna Villa fails to sell, Bendigo Advertiser, January 3, 2013.
Advertisements