Businessman Andrew Cox’s stunning Melbourne mansion has been listed for sale with a price guide of $13.5 million to $14.3 million, marking the third time in three years that he has attempted to sell the Italianate-style home. Cox, who is known in the sporting world as the former owner of the Melbourne Rebels Super Rugby Club, originally listed the seven-bedroom, six-bathroom property in April 2021. After failing to sell at the initial asking price, he reduced the price to $13.7 million to $15 million the following year, but still did not find a buyer. The estate, named Narellan, is located in one of Melbourne’s most affluent suburbs and sits on a 1345-square meter block with stunning views of the bay and the city.
Situated in the prestigious suburb of Brighton, the grand estate features a pool, gardens, and a high tower that offers panoramic views. Cox and his wife Sarah have decorated the home with a mix of modern updates and old-world charm, with a wing dedicated to guest rooms and a professional butler’s kitchen. The property boasts bright and airy living spaces, an open plan kitchen, six luxury bathrooms, and three car spaces, as well as a five-star bar-room. Brighton, often referred to as the Golden Mile, is known for its upscale residences and celebrity residents, including AFL WAG Bec Judd. Cox, originally from New Zealand, owned the Melbourne Rebels for two years before selling his stake in the team in 2017.
Despite its luxurious amenities and prime location, Cox has struggled to sell the mansion for the desired price. The property last changed hands in 2006 for $5.71 million, and he had hoped to fetch a higher price given recent sales in the area. However, the $18 million to $19 million price tag has proved too steep for potential buyers. With its majestic tower and expansive grounds, Narellan offers a unique living experience in one of Melbourne’s most sought-after neighborhoods. Its combination of modern comforts and historic charm make it a standout property in the area.
The mansion’s multiple bedrooms, bathrooms, and living spaces make it an ideal home for entertaining guests or hosting events. The professional butler’s kitchen and bar-room add to the property’s luxurious appeal, providing a setting for elegant gatherings. The lush gardens, pool, and panoramic views contribute to the overall ambiance of the estate, creating a tranquil retreat in the heart of the bustling city. While the price may be a barrier for some potential buyers, those seeking a lavish lifestyle and a piece of Melbourne’s elite real estate market may find Narellan to be the perfect fit.
Cox’s decision to reduce the asking price in an effort to attract buyers reflects the competitive nature of the high-end real estate market in Melbourne. Despite the challenges of finding a buyer at the desired price point, the unique features and stunning location of the property make it a desirable investment for those looking to own a piece of luxury real estate in Melbourne. As the mansion returns to the market, it will continue to attract attention from buyers seeking a prestigious home in one of the city’s most exclusive neighborhoods. Cox’s history as a successful businessman and former sports team owner adds to the allure of the property, making it a must-see for discerning buyers in the market for a high-end residence.
