Business Daily Media

The Times Real Estate

.

Reventon Sells Home for $840,000 — Donates Entire Proceeds to Fight Homelessness


$840K Donation to Vinnies Victoria to Support Australians in Housing Crisis

MELBOURNE – In a powerful act of generosity, the Melbourne-based property investment and wealth management firm Reventon has successfully sold a brand-new, five-bedroom home in Mount Duneed for $840,000, with 100 percent of the proceeds donated to the St Vincent de Paul Society Victoria (Vinnies) to support people experiencing homelessness and housing insecurity.

The home at 273 Boundary Road, Mount Duneed, was sold via private treaty, allowing the transaction to be finalised swiftly and the funds transferred directly to Vinnies.

“This is one of the proudest moments in Reventon’s history,” said Chris Christofi, CEO of Reventon. “We built this home not to make a profit, but to make a difference, and now, thanks to the generosity of the buyer and our partners, we’re able to donate every cent to help those doing it tough.”

The initiative, known as the Brick by Brick Charity Build, was developed in partnership with Hermitage Homes, covering all construction and styling costs to ensure the entire sale amount could go to charity. The result: a turnkey designer family home transformed into a life-changing donation.

“This project has shown what’s possible when business and community come together for a greater purpose,” said Christofi. “The funds will go directly to providing shelter, meals, and mental health support for Victorians who need it most.”

A Life Changing Gift

Homelessness remains one of Australia’s most pressing issues, affecting over 122,000 people who experience housing insecurity. Vinnies Victoria provides essential services, including food, emergency accommodation, and wraparound support throughout the state.

“An $840,000 donation is absolutely transformative,” said Dr Jennifer Fitzgerald, CEO of Vinnies Victoria.

“Just $75 can feed a family for a day, so this contribution will help thousands of people in crisis. We are incredibly grateful to Reventon for their compassion and leadership,” she said.

Built for Good

The five-bedroom home was built with modern family living and sustainability in mind, featuring:

  • A ground floor guest suite and four additional bedrooms
  • Three living areas including a media room and family zone
  • A premium kitchen with high end appliances
  • An outdoor alfresco space for entertaining
  • Energy efficient design throughout

The sale also reflects the growing role of purpose driven initiatives in the property sector.

“We didn’t just build a house, we built hope,” said Christofi. “And this is just the beginning. Reventon is committed to continuing projects that give back in real and measurable ways.”

FAST FACTS

  • Initiative: Brick by Brick Charity Build
  • Address: 273 Boundary Road, Mount Duneed, VIC
  • Sale Price: $840,000 (via private treaty)
  • Donation: 100 percent of proceeds donated to Vinnies Victoria
  • Partners: Hermitage Homes and McGrath Armstrong Creek
  • Use of Funds: Housing support, food, and services for people experiencing homelessness

Property

Reventon Sells Home for $840,000 — Donates Entire Proceeds to Fight Homelessness

$840K Donation to Vinnies Victoria to Support Australians in Housing Crisis MELBOURNE – In a powerful act of generosity, the Melbourne-based property investment and wealth management fi...

Business Daily Media - avatar Business Daily Media

Dual Living Homes in Sydney: Smart Design for Modern Living

  Dual living homes are growing in popularity in Sydney due to rising housing costs and shifting family dynamics. Smart layouts with privacy and flexibility allow multiple househol...

Business Daily Media - avatar Business Daily Media

Renting a House? Why Renting Furniture Makes Perfect Sense

Moving into a new rental property is an exciting milestone, but it also comes with many decisions—one of the biggest being how to furnish your home. Buying furniture outright can be costly...

Business Daily Media - avatar Business Daily Media

ROKiT HOMES ADDRESSES GROWING NEED FOR QUICKLY ACCESSIBLE, AFFORDABLE AND SUSTAINABLE HOUSING

As global communities grapple with homelessness, the need for accessible, affordable, and sustainable housing has never been greater. California-based ROKiT Homes, a division of ROKiT In...

Business Daily Media - avatar Business Daily Media

Businesses losing an average of $493k from data integrity flaws

Managing data responsibly and effectively for the AI age can give organisations a strong competitive advantage, but many are failing to harness th...

AI shopping disruptor Zyft raises $7.5M to lead the next gen of retail tech

Zyft appoints new CEO, Richard Stevens, to lead the latest Waller Group success story, valued at $30 million SYDNEY, 28 April 2025: Zyft, the lea...

Little known law offers savvy Kiwis the opportunity to supercharge their retirement savings

A little-known legal amendment is being leveraged by savvy New Zealanders and expat Brits to supercharge their retirement savings. Not many peop...

Cutting edge AI technology designed for doctors to reduce patient wait times launched in NZ

New Zealand specialist doctors now have access to Artificial Intelligence technology to help reduce patient wait times and experts say it could be...

Launchd Takes Off: Former AFL Stars Lead Tech-Powered Platform Set to Disrupt Talent and Influencer Marketing

Backed by Institutional Capital, Launchd Combines Five Leading Agencies and Smart Technology to Deliver Measurable Results Influencer marketing i...

Meet the Australian fintech unlocking rewards for small businesses

Small businesses make up 98 per cent of all businesses in Australia, yet they continue to bear the brunt of economic uncertainty. According to Credi...

Sell by LayBy