Dustin Martin is selling his first home at 43 Kerferd Rd, Albert Park.
Richmond AFL great and three-time premiership player Dustin Martin has listed his Albert Park first home in his second major real estate move in a week.
The Norm Smith medallist, who also won the 2017 Brownlow, bought the property in 2012 for $993,000, but could come close to doubling that with the home listed for $1.7m-$1.8m.
It comes as Martin and a syndicate of others prepare to sell a series of Abbotsford properties that are expected to yield as much as $15m, potentially setting him up for a windfall in the millions of dollars if all his properties are sold as planned.
RELATED: Hawthorn: Cricket hot spot guru looks for $7m edge on flashy home
Dustin Martin begins selling his commercial portfolio, could net 15m from two properties
Brighton: Young MyDeal rich lister nabs swish apartment and bonus beach box
The house at 43 Kerferd Rd, Albert Park, has been an investment for the recently retired Tiger for the past few years, with records showing it was listed for rent in 2015 and 2017.
It will be auctioned on December 7.
The three-bedroom block-fronted Victorian terrace has been renovated to feature extensive glazing at the rear od the open-plan kitchen and living zone.
Its three bedrooms include two with fireplaces and a central bathroom.
Located in one of the area’s top streets, Nick Johnstone Real Estate’s Rachael Cavallaro could not discuss the home’s ownership, though title documents list Martin as the owner.
![AFL Rd 24 - Richmond v Gold Coast](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E)
Dustin Martin has been one of the AFL’s most successful players in recent years. Picture: Dylan Burns/AFL Photos via Getty Images.
The home’s rear wall features extensive glazing and plenty of natural light.
However, Ms Cavallaro said it was in one of the suburb’s best locations with zoning for some of Melbourne’s best schools.
“It’s perfect for someone who wants to move in, or to have as an investment property,” she said.
“And it’s a wonderful property for people who don’t want to renovate. It’s current owner has done some renovations including a more recent refresh.”
The agent added that a young family would be among the most likely buyers, though downsizers could also appreciate its single-level floorplan.
The open-plan living zone is anchored by a modern kitchen.
The home has spacious bedrooms, two of them with open fireplaces.
Martin’s Abbotsford properties are being sold by Jones Real Estate’s Paul Jones and are also linked to talent manager Ralph Carr.
They include 367 Victoria St, expected to make $4m-$5m, and the addresses from 401-407 Victoria St, tipped to top $9m.
“They could sell as a package, but it’s more likely it will be two buyers,” Mr Jones said.
With acquisition costs for the properties around $7.7m, Martin would be set to take in a share of $7.3m if they sold in line with expectations.
With a further $810,000, possible from the sale of his Albert Park first-home, the Tiger’s is poised for a multimillion-dollar boost to his football retirement.
Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.
MORE: Where the most new homes are being approved in Victoria: PropTrack
Kath & Kim Star Jane Turner’s luxurious Elwood mansion sells for $7.5m
AIA awards 2024: Melbourne pyramid-style house crowned Australia’s best home
