Adrian ‘Mr Lambo’ Portelli has revealed he’s selling off his entire Phillip Island compound.
The billionaire businessman, 35, made history when he snapped up every Block home on Phillip Island for $15.03million last year.
However it appears he is ready to let it all go – and has appealed to his fans to take it off his hands.
In a post shared to Instagram Stories on Friday, he wrote: ‘For Sale. The Phillip Island Block resort selling complex complete. Everything included.’
‘Will not sell houses separately’ he added.
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Adrian ‘Mr Lambo’ Portelli (pictured) has revealed he’s selling off his entire Phillip Island compound. The billionaire businessman, 35, made history when he snapped up every Block home on Phillip Island for $15.03million last year
However it appears he is ready to let it all go – and has appealed to his fans to take it off his hands. In a post shared to Instagram Stories on Friday, he wrote: ‘For Sale. The Phillip Island Block resort selling complex complete. Everything included’
Adrian included a question box where people could ‘express interest’ in making the multi-million dollar purchase.
Last year, Adrian attempted to give away the entire compound in a record-breaking raffle.
The house giveaway was earlier marred by technology issues which has forced him to postpone the announcement of the winner.
However he got back on track 24 hours later with over 111,000 viewers tuning in on Facebook.
Portelli called the winner, a 34-year-old woman from Ballarat called Holly, to give her the good news that she had won.
‘Oh my God, no f**ing way. I didn’t watch the live on purpose because I thought it would be bad luck,’ she Portelli during the call.
Holly opted to sleep on the choice between taking $8 million in cash or keeping all five properties.
However, she later opted to take the cash, leaving Adrian still holding the homes.
Last year, Adrian attempted to give away the entire compound in a record-breaking raffle. Pictured: One of the homes
Portelli called the winner, a 34-year-old woman from Ballarat called Holly, to give her the good news that she had won
Holly opted to sleep on the choice between taking $8 million in cash or keeping all five properties. However, she later opted to take the cash, leaving Adrian still holding the homes. One of the homes is pictured
The scheduled lottery through his company LMCT+ had hit a major roadblock on Thursday due to technical difficulties, with Adrian deciding to ‘pause’ the action.
The winner was due to be unveiled at 8.30pm on Boxing Day but the result had been postponed for 24 hours due to the issues.
In a video, Adrian explained that the giveaway had closed at 8pm as planned, but due to the sheer volume of traffic on the website, the LMCT+ systems then crashed.
During the 2024 finale of The Block, Adrian made history by purchasing all five of the properties for a huge $15million.
In his final year of bidding on the show, Adrian ensured Maddy and Charlotte Harry became the youngest ever winners when he bought their home for $3.5million.
Adrian’s company, LMCT+, has frequently raffled off properties from The Block, including last year’s $5million purchase of Steph and Gian’s winning home.
Shortly after buying up the entire plot of homes on Phillip Island, Adrian then announced his massive ‘resort giveaway’ through LMCT+.
