A former Ford executive regarded as “the father of the Falcon” is shifting gear and selling his South Melbourne home — the creation of a renowned architect.
Longtime Ford Australia product development vice-president Ian Vaughan has $5-$5.5 million price hopes for his four-bedroom Victorian terrace at 46 Howe Cres.
The classic residence was originally designed in 1864 by Charles Webb — a founding member and former president of the Victorian Institute of Architects whose most famous works include the Melbourne CBD’s Windsor Hotel and Royal Arcade.
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Webb also designed Wesley College, the Alfred Hospital and the South Melbourne Town Hall before his death in 1898, according to the Australian Dictionary of Biography.
CoreLogic records show the Howe Cres property last changed hands in 2001, for $1.2 million.
Marshall White Port Phillip selling agent Nicholas Hoo said Mr Vaughan had since engaged his daughter, architect Anna Vaughan, to renovate it.
This involved restoring original rooms at the front of the residence — a formal lounge and library downstairs, and the main bedroom upstairs — and adding a modern extension at the rear.
Mr Hoo said a glass-encased atrium split the old and new parts of the abode and allowed light to flood in.
“That’s a real feature of the house,” he said.
Period flourishes, including marble fireplaces and ornate ceilings, mix with modern conveniences, among them a Miele kitchen with stone benches.
A landscaped northwest-facing garden is accessible from the open-plan living, dining and kitchen area, via stacking doors.
The home’s double garage was a rare feature for the area, while its position opposite a park on “South Melbourne’s best street” was a winner, Mr Hoo said.
The agent said Mr Vaughan had enjoyed the low-maintenance lifestyle the property offered, and its easy access to the CBD via tram.
It’s due to be auctioned on March 2.