October 24, 2026 — 1:59pm

The Prahran home of former Pellegrini’s Espresso Bar co-owner Nino Pangrazio sold for $3.53 million at auction on Saturday, $170,000 below its $3.7 million advertised reserve.

The ornately detailed art deco three-bedroom house at 11a Jessamine Avenue had been held by the former restaurateur and his wife since 1971.

In the 55 years since, it has been lovingly maintained, with lush gardens at the front and rear, original stained-glass doors and windows, gold-leaf wallpaper and a massive feature dining room mirror.

Pangrazio, 88, retired from running Pellegrini’sin 2019, selling his share to the family of his co-owner, Sisto Malaspina, following Malaspina’s stabbing death in 2018.

Marshall White Stonnington auctioneer James McCormack opened the auction with a vendor bid of $3.3 million.…