Leigh Morrison, the former head of manufacturer Ryco Hydraulics, has paid close to $14 million for a property on the most prestigious street in Melbourne’s Albert Park.
Leigh Morrison, the former head of manufacturer Ryco Hydraulics, has paid close to $14 million – making a 50 per cent increase in four years for vendor Aimee Lock – for a 731-square-metre property on the most prestigious street in Melbourne’s Albert Park.
Mr Morrison did not respond to request for comment through social media. Ryco Hydraulics said it could not provide contact details for him. Sales agent Simon Gowling declined to comment. The sale – the final price of which still has to be confirmed – marks a likely record for the suburb, where records show the highest sale price to date was for the $12 million purchase in 2014 of the 481-square-metre property at 69 St Vincent Place South.