Serial Block purchaser and billionaire Danny Wallis is making headlines once more, this time not for his idiosyncratic public sale bids, however for his bold foray into the rental market.
Wallis, who snapped up Robby and Mat’s Home 5 from the 2025 Daylesford season, is now in search of a staggering $2500 per week for the absolutely furnished four-bedroom property at 1 Cedar Lane.
The attention-watering rental demand comes as two different properties from the identical controversial season proceed to languish on the gross sales market, nearly 4 months after the ultimate episode of The Block aired.
The luxurious abode, which is able to grow to be out there from 20 February, is being provided for a two-year fixed-term lease.
It’s a major dedication for any tenant, particularly when contemplating the native rental market.
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1 Cedar Lane, Daylesford has been listed for hire for $2500 every week. Supply: realestate.com.au.
PropTrack knowledge reveals Daylesford’s median hire sits at a relatively modest $528 every week – a jaw-dropping $1972 beneath Wallis’s hopes for his funding.
In the meantime, a fast search on realestate.com.au for out there rental properties in Daylesford, a well-liked escape simply 90 minutes from Melbourne, reveals solely 12 listings.
Of those, 1 Cedar Lane is one in every of simply two properties daring to ask 4 figures.
The opposite, a sublime four-bedroom 1860s character villa, is offered for $1395 per week, additionally absolutely furnished.
Billionaire Danny Wallis bought the property at public sale final yr for $3,099,99. Supply: 9 Information
The choice to record the property for such a princely sum comes after a very disastrous public sale finale for the 2025 season.
Solely three of the 5 properties bought on the day, with revenue margins falling far in need of the million-dollar-plus windfalls seen in earlier years.
Including to the drama, two properties from the sequence – Ben and Emma’s Home 1 at 5 Cedar Lane, and Han and Can’s Home 2 subsequent door at 4 Cedar Lane – had been handed in on vendor bids and are nonetheless desperately looking for consumers.
Robby and Mat, the South Australian greatest mates who owned Home 5, had been broadly tipped to win the sequence due to their ingenious, game-changing luxurious wine cellar.
The four-bedroom residence is offered for hire absolutely furnished. Supply: realestate.com.au
This characteristic alone scored them an ideal 30/30 factors, leaving them in tears of pleasure.
Whereas it wasn’t sufficient to safe first place, it definitely caught the attention of Danny Wallis, who paid $3,099,999 for the property.
Danny Wallis, an IT entrepreneur and prolific The Block investor, has bought 12 homes on the present since 2012, spending over $45.9 million.
Now, that celebrated wine cellar, together with a powerful assortment of paintings together with items by Jade Torres and a number of other Bromley works, might be out there for the tenant’s use – although it is going to be unstocked.
It additionally consists of a powerful assortment of paintings. Supply: realestate.com.au
A notice on the itemizing does advise that some furnishings proven in ads might also differ from the precise objects.
The four-bedroom, three-bathroom residence additionally comes with a pool, photo voltaic, two giant sheds and a big two automotive storage with inside entry to the kitchen.
Property Supervisor Helena Eglezos of Belle Property means that whereas Daylesford is a hotspot for short-term lodging and vacation leases, a tenant for “a property of that calibre for that length of time” will almost certainly be a neighborhood.
She anticipates somebody who’s renovating or constructing within the space and requires a high-end rental for 18 to 24 months.
Public sale fallout: Excessive reserves and lacking hundreds of thousands
The 2025 Block auctions had been shrouded in controversy, with contestants and trade commentators alike blaming the present’s excessive reserve costs for the disappointing income.
The notable absence of billionaire bidder Adrian Portelli, who had beforehand splashed staggering quantities of money, additionally performed a component within the subdued ambiance.
The itemizing might set a brand new rental value report. Supply: realestate.com.au
Whereas West Australian winners Brit and Taz walked away with a complete of $520,000 (together with the $100,000 first-place bonus), Sonny and Alicia solely made $120,000, and Robby and Mat took residence simply shy of $55,000 every.
For the 2 {couples} whose properties stay unsold, any revenue remains to be a distant dream.
Because the Daylesford market grapples with unsold Block properties and a billionaire’s bold rental expectations, all eyes might be on 1 Cedar Lane to see if a tenant is keen to pay high greenback for a slice of tv historical past.
