Infamous Block buyer Danny Wallis has blamed former Victoria premier Dan Andrews after he was forced to put his glorious Melbourne apartment renovated by famed Blockheads Mitch and Mark up for sale.
The home is set to go under the hammer with a price guide of $3.2million- $3.5million.
Rich lister Wallis bought the four-bedroom, four-bathroom St. Kilda pad at the end of the 2019 season of The Block for an eye-watering $3.374million.
The entrepreneur is selling up because of new property laws introduced by out-going Andrews.
Wallis told the Herald Sun he was off-loading the amazing ‘party house’ ahead of a land tax hike set for January 2024.
A glorious Melbourne apartment renovated by famed Blockheads Mitch and Mark – pictured – is set to go under the hammer with a price guide of $3.2million- $3.5million
Rich lister Danny Wallis bought the four-bedroom, four-bathroom St. Kilda pad at the end of the 2019 season of The Block for an eye-watering $3.374million
Wallis – pictured – who is a regular buyer on Channel Nine’s home renovation show, says he is selling up because of new property laws introduced by out-going Victoria Premier Dan Andrews reports the Herald Sun
Under the new regulations owners must pay land tax on secondary property’s valued at $50,000 and over. The current threshold is $300,00.
‘Land taxes are way too dear and these days you can’t get a decent return,’ Wallis said.
Located in what was once the Oslo Hotel, a St. Kilda landmark dating back to to the 1850s, Wallis’ Bayside flat was last listed as as rental in August for $2250 a week.
Highlights of the sprawling multi-level luxury flat include gorgeous ocean views, soaring ceilingsand exquisite finishings in bronze, marble and American oak.
There’s also an elegant central courtyard, oversized kitchen with breakfast island and backlit quartz splash backs.
Other features include a rooftop BBQ kitchen, undercover entertainment deck and a stunning dressing room.
Meanwhile, there’s also a gas fireplace, self-contained ‘entertainer’s level’, double glazing and keyless entry.
Located in what was once the Oslo Hotel, a St. Kilda landmark dating back to to the 1850s, and later a back a backpackers’, Wallis’ Bayside flat was last listed as as rental in August for an eye-watering $2250 a week Pictured: The amazing courtyard
Highlights of the sprawling multi-level luxury flat include gorgeous ocean views, soaring ceilings, and exquisite finishings in bronze, marble and American oak Pictured: The rooftop entertainment deck and BBQ area
Wallis has spent more than $30million buying property during final auctions on The Block over the last few years.
The high-profile businessman made headlines last year on Nine’s hit renovation show when he won the bid on Omar and Oz’s property.
The controversial Blockheads Omar and Oz walked away with $1.6million after Wallis entered into a bidding war with their ‘millionaire friend’ which forced him to buy the home for $5.6million.
Wallis later admitted he had ‘spent too much’ on the property, acknowledging the bidding war had just been a clash of egos.
