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Herald Sun
6 hours ago
- Business
- Herald Sun
Waverley Park: AFL likely to snap up historic Hawks' home
Waverley Park in Mulgrave. Melbourne's historic Waverley Park may not be lost to football, with the AFL firmly in the race to purchase the venue from Hawthorn. It would be the league's second major piece of infrastructure, following their purchase of Marvel Stadium in Docklands for more than $30m in 2016. Expressions of interest for the property closed on April 3, and a deal is expected to be finalised within a matter of days. RELATED: Ex-Tiger star Kayne Pettifer and mate set to farewell Bungalow Beer Garden Actor Shane Jacobson reveals plans after buying country Vic pub Fairfield: Developer splashes $50m on Heidelberg Rd site Industry sources have indicated the property had attracted significant interest, but the AFL was the frontrunner. They also confirmed the sales price would likely fall in the $10m to $20m range. Hawthorn purchased the ground for just $1 in 2006, with the club set to cash in big-time on any sale. Commercial real estate agency Colliers' director Ben Baines, Victorian chief executive Rob Joyes and executive Lucas Soccio, who have the listing, declined to comment. The Goodlife Gym at Waverley Park generates $600,000 in annual rental income. The offering includes the Hawks' soon-to-be former training and administrative headquarters set within the within the Sir Kenneth Luke Stand, with the club set to move to a purpose-built new Dingley Village site this year. Features of Waverley Park include a full-size MCG-specification oval on the title, a gym, 25m-long heated indoor pool, running track, medical treatment rooms and 48 basement car spaces. But the listing does not include the famous oval that hosted more than 730 AFL and VFL games, including the 1991 AFL grand final. Jack Ginnivan kicks during a Hawks training session at Waverley Park on March 18, 2025. Picture:. While the venue once had a capacity of 72,000 people, much of the stadium has since been demolished and is now surrounded by a housing estate. The AFL said only on Friday night that it was always looking for more facilities to accommodate the growth of the game. 'The AFL has targeted having 10 million attendees at AFL/AFLW games, events or festivals, two million AFL club members and one million participants and in order to achieve the target for participation we need two ovals a week every week for the next five years,' AFL spokesman Jay Allen said. 'We are always looking for ovals, either already in the system that we can continue to use for football, or new greenfield developments so we can continue to expand the space we need to accommodate the strong national growth in people playing our game.' Footballers Jason Dunstall and Dermott Brereton with the Premiership Cup from the 1991 Grand Final match between Hawthorn and West Coast at Waverley Park. Picture: Darren Tindale. Former footballer John Rombotis debuted at Waverley Park for Fitzroy in 1995, and had one of his best games in the AFL with Port Adelaide at the ground in 1997. Rombotis, now a real estate agent, said it was good to see the AFL taking an interest in the old ground – and noted that a purchase price under $20m would be just a fraction of what they were making at Marvel Stadium each year. Waverley Park also hosted the 2000 VFA/VFL premiership match, the last official game played there, and a KISS concert in the 1980s. – additional reporting by Chris Cavanagh and David Bonaddio 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: Swans icon's family farewells Melbourne home after 115 years Albert Park: Essendon's Andrew McGrath's $2m+ deal Bodybuilder Sergio Taranto lists Lysterfield mansion

Herald Sun
2 days ago
- Entertainment
- Herald Sun
Actor Shane Jacobson reveals plans after buying country Vic pub
Actor Shane Jacobson has just embarged on what he reckons could be the real Great Australian Dream: owning a pub. Shane Jacobson has bought a country pub in Victoria's northeast. 'We've been told all our lives that the Great Australian Dream is to own your own home,' the popular movie, TV and stage actor told the Herald Sun. 'But to that I say, 'Frog shit.' Every bloke I've ever spoken to says they want to own a pub. I'm about to find out if I've bought the Great Australian Dream, or a nightmare.' MORE: Shane Jacobson's property journey from Avondale Heights to Macedon Ex-Tiger star Kayne Pettifer parting ways with Bungalow Beer Garden Adrian Portelli selling entire Block compound at Phillip Island Jacobson, his producer-director mate Dean Murphy, and a group of investors have bought the Dederang Hotel, known affectionately to locals as The Ranga, on the Kiewa Valley Highway between Wodonga and Bright. Settlement is expected within the week. Jacobson said the pub purchase was Murphy's idea. 'He comes from a dairy farming family in the Kiewa Valley. Dean doesn't even drink. But that pub has been in and around Dean and his family, and the surrounding farming community, his whole life.' The Dederang Hotel at 4326 Kiewa Valley Highway, Dederang, is about to become a part of Shane Jacobson's future. Director Dean Murphy at the opening night of MIDNIGHT The Cinderella Musical. Picture: Tony Gough. Jacobson added: 'That pub is so loved. We have to make sure we don't ruin the locals' pub. I've seen passion for football clubs, but it doesn't hold a candle to the love the locals have for The Ranga.' The Kenny, Charlie and Boots and Hairspray The Musical star lives in the Macedon Ranges, but will happily make the three-hour drive to Dederang to pull beers behind the bar. He laughed: 'I'll pull a couple of beers, but I bet I drink all the beers I pull.' The classic Aussie pub is all set for Jacobson and his friends to take over in the coming days. The pub has become a bit of a local institution since the current owner took it on 37 years ago. The pub had been advertised via McDonald Hospitality Brokers managing director Dan McDonald with a $1.365m asking price. Settlement for the sale had been expected this week, but was delayed as a State Revenue Office query over how their purchase price will be apportioned between the pub's bricks and mortar and the business. 'It's not unusual at all for the Revenue Office to do a complex assessment of a sale like this,' Mr McDonald said. The pub is located in a scenic part of Victoria between Bright and Albury-Wodonga. A dining area is also among the pub's features. Describing it as a 'terrific pub' that was an institution for the region where the preferred tipple was usually a Carlton Draught, the hotel broker said it had been run by the current owner for the past 37 years. 'Like all vendors, they had an emotional attachment – but they are rapt with who it's being handed to,' Mr McDonald said. 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. RELATED: Melbourne suburbs where houses remain affordable for buyers Single mums reveal how they became property investors HIA: stamp duty behind 500,000 less homes, $40k home loan hit