Notorious block buyer Danny Wallis has blamed former Victorian premier Dan Andrews after he was forced to put his magnificent Melbourne apartment, which was renovated by well-known block bosses Mitch and Mark, up for sale.
The home is being auctioned with an estimated price of $3.2 million to $3.5 million.
Wealthy lister Wales bought the four-bedroom, four-bathroom St Kilda apartment at the end of The Block’s 2019 season for a staggering $3.374 million.
The entrepreneur is selling due to new property laws introduced by the retiring Andrews.
Wales told the Herald Sun he was offloading the fabulous “party house” in anticipation of a property tax increase in January 2024.
A magnificent Melbourne apartment renovated by celebrity blockheads Mitch and Mark (pictured) is going under the hammer with an asking price of $3.2 million to $3.5 million
Wealthy Danny Wallis bought the four-bedroom, four-bathroom St Kilda apartment at the end of The Block’s 2019 season for a staggering $3.374 million
Wales – pictured – who is a regular buyer on Channel Nine’s home improvement show, says he is selling because of new property laws introduced by outgoing Victorian Premier Dan Andrews, the Herald Sun reports
Under the new rules, owners must pay property taxes on second properties valued at $50,000 or more. The current threshold is $300.00.
“Property taxes are way too expensive and you can’t get a reasonable return these days,” Wallis said.
Wales’ bayside apartment is located in the former Oslo Hotel, a St Kilda landmark dating back to the 1850s. It was last listed as a rental in August for $2,250 per week.
Highlights of the sprawling, multi-level luxury condo include breathtaking ocean views, high ceilings and beautiful bronze, marble and American oak finishes.
There is also an elegant central courtyard, a large kitchen with a breakfast island and backlit quartz backsplashes.
Other features include a rooftop barbeque kitchen, covered entertaining terrace and a stunning dressing room.
There is also a gas fireplace, a self-contained ‘entertainer’s floor’, double glazing and keyless entry.
Wales’ bayside apartment is located in the former Oslo Hotel, an 1850s St Kilda landmark and later home to backpackers. It was last listed for rent in August for an eye-watering $2,250 a week. In the photo: The large courtyard
Highlights of the sprawling, multi-level luxury condo include breathtaking ocean views, high ceilings and beautiful bronze, marble and American oak finishes. In the photo: The entertainment terrace and braai area on the roof
Wales has spent more than $30 million in recent years buying properties at recent auctions on The Block.
The high-profile businessman made headlines on Nine’s popular renovation show last year when he won the deal on Omar and Oz’s property.
Controversial fools Omar and Oz walked away with $1.6 million after Wallis entered into a bidding war with her “millionaire boyfriend” and forced him to buy the house for $5.6 million.
Wallis later admitted he had spent “too much” on the property and admitted the bidding war was simply a battle of egos.
Source: Daily Mail
Ashley Root is an author and celebrity journalist who writes for The Fashion Vibes. With a keen eye for all things celebrity, Ashley is always up-to-date on the latest gossip and trends in the world of entertainment.
