A new owner for Gisborne’s Macedon House

IMG-1231In June, I blogged about Macedon House, the 170-year-old crumbling wreck in Gisborne (where I live) north of Melbourne that had stood vacant for more than a decade.

The once grand property which the  Victorian Heritage Council called “a rare surviving example of an early Victorian hotel” and with a rich and colourful history had passed through successive ownerships in recent years, with plans including to turn it into a retirement village – none of which came to fruition.

Then on August 4 it went to auction as a mortgagee sale, with the hope that the buyer would restore it to its former glory.

For the new owner, Macedon House came with the caveat that whoever bought it would have to carry out urgent repairs under a Victorian State Government order aimed at protecting historically significant properties.

I can report, the August 4 auction through Kennedy & Hunt Real Estate was a success – Macedon House has a new owner after selling under the hammer for $1.36 million in front of about 60 people.

According to our local community paper, the Gisborne Gazette, the buyer is former Gisborne resident Troy Daffy, who owns and runs Brisbane-based developer Silverstone Developments.

Encouragingly for locals, Mr Daffy told the Gisborne Gazette he would carry out repairs to Macedon House as ordered by the State Government to bring it back to its former glory, but has no plans yet for the land surrounding the homestead.

“I may live in Brisbane, but at heart I am still a Gisborne boy,” he told the paper.

Silverstone has undertaken apartment developments in Brisbane, as well as commercial and retail projects

In June it paid $7.15 million for a 1.3 hectare site in Rochedale in Brisbane’s outer southern suburbs with plans for a medical and retail centre plus townhouses. Silverstone also owns property in the Brisbane CBD, Fortitude Valley and a retail subdivision in Upper Coomera.

As to what Mr Daffy’s plans are for the large Gisborne property – only time will tell. But a restoration of what has become a sad Gisborne eyesore, will be welcomed by locals.

Macedon House: the old and new history of a Gisborne ruin

IMG-1230Drive down the steep and winding Melbourne Road into Gisborne, the pretty rural town north of Melbourne, and you will see the old faded orange wreck emerging over the rise, behind the tall trees.

Standing empty and neglected, covered in graffiti and surrounded by ugly temporary fencing, its terracotta chimneys cracked like teeth, the single story building still retains an aura of once being a grand Victorian home.

I drive past this crumbling old wreck almost every day, but only recently discovered its fascinating history after reading an article in The Age newspaper.

It’s called Macedon House and has stood at the entrance to Gisborne for more than 170 years, just 13 years after Gisborne was established as a sheep grazing town.

The article in The Age described how Macedon House was one of two heritage buildings in Victoria (the other Valetta House in East Melbourne) where the owners have been ordered to carry out urgent repairs or face heavy fines.

“Those lucky enough to own heritage assets have a responsibility to maintain them — and we’ll ensure they do,” said Victorian planning minister Richard Wynne.

Built in 1847, the single storey, rendered, bluestone building with a hardwood-framed roof covered by original shingles (now beneath a corrugated iron roof) was originally called Mount Macedon Hotel. It is according to the Victorian Heritage Council “a rare surviving example of an early Victorian hotel”.

The hotel was built by Thomas and Elizabeth Gordon to “service the needs of district squatters”, those pioneering farmers in the early days of the colony of Victoria. The hotel served them mutton, salted fish and damper (a type of crudely made white bread) plus of course, brandy and beer, according to the Gisborne Gazette.

However, when gold was discovered on the Victorian goldfields in 1851, the hotel lost much of its trade as thousands rushed past it in search of their fortune.

By 1867 (after Thomas Gordon had died suddenly in 1855) Mount Macedon Hotel was no longer licensed. It was then known as Macedon House and became a family home for the Gardiners until 1878, when Elizabeth Gordon returned to live there, caring for her six children, and orphaned niece and nephew.

From 1887 onwards it was a boarding house for many decades, as well as serving as consulting rooms for a dentist and as a school where one of Elizabeth’s daughters taught.

It was a family home again from 1960, before being classified by the National Trust in 1974. Later it served as a reception centre, various restaurants, rooms for the neighbouring Gisborne Bowling Club (who bought it for $190,000 in 1995) and as a Montessori school.

A cash cow

Various media reports suggest Macedon House has been vacant since 2004, with its condition gradually worsening due to vandalism and neglect.

The reason for this appears to relate to long-held but never realised plans to develop the large property into a retirement village.

Instead progressive owners have elected to sell and take the profits, as its land value has soared (along with all property in Gisborne), and leave the development risk to someone else.

Having bought Macedon House for $190,000 in 1995, the Gisborne Bowling Club made a tidy profit when they sold it for $250,000 in 1998 to Mainpoint, the family company of Eduard “Ted” Sent.

Dutch-born Sent was in 1998 chief executive of Primelife Corporation, a publicly listed company that at its height controlled $1.6 billion portfolio of retirement villages and aged care facilities.

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Presumable Ted Sent planned to turn Macedon House into another retirement asset of Primelife Corporation, before he departed as CEO in 2002. (Primelife collapsed in 2006).

In 2014,  Melbourne developer Brian Forshaw – a long time friend and business partner of Ted Sent – acquired Macedon House for $770,000.

In 2015, plans were drawn up for “Macedon House Retirement Village” with about 40 homes spread out across the 2.1 hectare site.

Then, last year, two caveats were placed on the title which suggest that Brian Forshaw had struck deals to sell Macedon House.

The first in January was with a company called Nuline Consulting, ultimately owned by Grace Sent (Ted Sent’s wife) and then later in September with wealthy Melbourne doctor and developer Gary Braude for a reputed $1.21 million.

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However neither of these deals appear to have been completed , and with the state government demanding urgent repairs to Macedon House, approved plans for a retirement village have been abandoned.

Brian Forshaw recently put the old wreck back on the market asking $1.39 million with real estate advertising describes Macedon House as a “dilapidated heritage hotel”.

More recently its been listed as a mortgagee sale through Kennedy & Hunt Real Estate with an auction date set for August 4.

In their description, Kennedy & Hunt Real Estate, who are local Gisborne agents, highlight Macedon House’s rich history and importance and include a few beautiful old photos dating back to 1899 of the building in its prime, against the backdrop of farmland and the pointy top of Mt Macedon.

Let’s hope who ever buys it this time round will restore it to its former glory and pay homage to 170-plus years of Macedon House’s colourful history.

macedon house in its prime