Shayne Elliott, former chief executive of ANZ bank, and his wife Nagla Khattab have put their luxurious single-storey Victorian Toorak property on the market with an indicative selling price of $10.9 million to $11.9 million.
The four-bedroom, four-bathroom architectural residence comes with a solar-powered swimming pool and designer gardens. Interiors feature high ceilings, a stained-glass skylight and period marble fireplaces.
Records show the home was bought for $4.5 million in 2012 in Khattab’s name.
Elliott was appointed ANZ CEO in January 2016 and held the role for just over nine years. He joined the bank as CEO Institutional in 2009 and appointed chief financial officer in 2012. Before joining ANZ, Elliott held multiple senior executive roles.
The listing comes as Melbourne’s median house price shed 3.3 per cent, or about $34,000, in the September quarter, according to the most recent Domain House Price Report . The city’s median house price is now $1,014,335.
Elliott earlier this year ended legal action with the Melbourne-based bank in February after it denied him $13.5 million in bonuses following a string of regulatory incidents at the big four lender.
Kay & Burton Stonnington lead agent Andrew Sahhar, who is selling the property alongside Danielle Horne and Robert Li, declined to comment on any aspect of the listing when contacted. The Age has contacted Elliott for comment.
Despite a quiet winter, there has been a flurry of activity in Melbourne’s top-end property market recently.
A Toorak house, sold by Geelong Grammar School during lockdown for $6.21 million, resold for more than $17 million after a Christopher Doyle-designed transformation as a five-bedroom, six-bathroom, seven-car residence.
The glamorous home has a grand staircase, arched loggias, a wine cellar, home theatre, sparkling chandeliers, a swimming pool, home gym and sauna.
The school sold two neighbouring properties near its Toorak campus in lockdown, including a five-bedroom house bought by Peter Johnston, a director of Melbourne luxury home builder Royale Construction.
In August, another top-end property – the South Yarra home of Melbourne arts patron Jennifer Shaw – found a buyer for more than $30 million .
The contemporary place is a smart rebuild combining two apartments behind a 1930s facade, with a design by architects Powell & Glenn.
The most expensive home in Toorak is still available. The Myer family’s Cranlana on Clendon Road remains on offer with a price guide of $96 million to $105 million.
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