Melbourne family gives away house, art and furniture worth $56m

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Melbourne family gives away house, art and furniture worth $56m
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After 14 years raising their family in their unique public art gallery home, Corbett and Yueji Lyon are moving out and leaving it all behind.

In a few months’ time, a small but emotional private demolition ceremony is going to take place in the leafy Melbourne suburb of Kew. There won’t be heavy machinery, just a hammer and perhaps a crowbar, because the renovation in question simply involves knocking a pre-designed hole through a timber wall in a house.

It was a life-changing trip. While fellow graduates visited the big-city art museums such as the Louvre in Paris or London’s National Gallery, Lyon was profoundly moved by the intimate nature of the personal art collection he discovered in situ in the home-gallery of American art collector, mining heir and socialite Peggy Guggenheim, who had died a year earlier.

Yueji soon proved an equally passionate and discerning collector and, despite the couple moving to a house in Bulleen, displaying the art between that home and the eponymous Melbourne architectural firm Lyon had founded with his two brothers, there simply wasn’t room for the art and their young family.

“Marc looked through the side window and said: ‘If that block of land ever comes up for sale, you must purchase it’,” says Lyon. “Yueji blanched at the thought.” As luck would have it, an auction sign was erected on the block a week later, and the couple snapped up what was essentially land value only; Lyon transformed the dilapidated house and tennis court into a large public museum with flexible exhibition space, complementing the existing dwelling.

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