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How much did Andy and Bec pay for Ravenswood?

Published in Property Purchase 2 mins read

Andy Lee and Bec Harding paid $8.5 million for Ravenswood.

The Acquisition of Ravenswood

In 2021, media personality Andy Lee, known for his work on the popular radio show Hamish and Andy, along with Bec Harding, acquired a historic riverside mansion in Melbourne's Hawthorn for $8.5 million. This significant purchase marked the beginning of an ambitious restoration project for the couple.

Property Details and Condition

The property, known as Ravenswood, is a rundown 150-year-old mansion. At the time of purchase, it was in a considerably dilapidated state, presenting a formidable challenge for renovation. Key issues included:

  • No kitchen: The property lacked a functional kitchen.
  • No bathroom: Essential sanitary facilities were absent.
  • No power: The mansion was without electrical power.
  • No plumbing: Water and waste systems were non-existent.

This state of disrepair indicated that the $8.5 million acquisition was not just for the property itself but also represented a substantial commitment to a comprehensive overhaul. The purchase price reflects the value of its prime location and historical significance, despite its uninhabitable condition.

Key Purchase Information

To summarize the acquisition details of Ravenswood:

Detail Description
Purchasers Andy Lee & Bec Harding
Property Ravenswood (150-year-old riverside mansion)
Location Melbourne's Hawthorn
Purchase Year 2021
Exact Price $8.5 million
Condition Rundown, no kitchen, bathroom, power, or plumbing

The extensive restoration required for Ravenswood highlights the significant investment made by Andy Lee and Bec Harding beyond the initial purchase price, transforming a derelict historical gem into a livable residence.