One of Australia's most successful and wealthy business leaders has sold his sprawling mansion for a whopping $5.5 million. Flight Centre founder and BRW rich list alumni Geoff Harris put the Port Melbourne home up for auction after splashing out $12 million on his Albert Park dream home in May last year. Mr Harris, who definitely knows how to strike a favourable deal, accepted the hefty offer for his four-bedroom home from a couple at auction on Saturday. Flight Centre founder and BRW rich list alumni Geoff Harris put the Port Melbourne home up for auction after splashing out $12 million for an Albert Park dream home in May last year . The buyers knocked out any other bidders with their fist bid and went on to seal the deal with their generous offer. 63-year-old self-made millionaire Harris, who is reportedly worth $975 million, stepped back from the Flight Centre business in 1998 and directorship in 2008, however he is still one of their biggest shareholders. In 2003, Harris, along with a number of other investors, rescued Top Deck Travel in the UK from receivership. Mr Harris, who definitely knows how to strike a favourable deal, accepted the hefty offer for his four-bedroom home from a couple at auction on Saturday . The buyers knocked out any other bidders with their fist bid and went on to seal the deal with their generous offer . He is now one of the co-directors of the hugely popular tour group. Mr Harris is also an investor in Boost Juice bars around Australia and is the former vice-president of AFL club Hawthorn. While he isn't focusing on his business acquisitions, the divorced father of three is working with disadvantaged youth-focused charities and is believed to have donated $450,000 to STREAT, an organisation that helps kids change their lives. The four-bedroom house has ample parking with six spaces for those who have a passion for cars . The home features two living spaces - a family room and a more sophisticated space . The kitchen features a massive island, top-end appliances and sleek cupboards . Mr Harris bought the Melbourne home from Mirvac in 2006 for $3.75 million, according to Domain. Situated right on the sandy shores of First Point Beach, the luxurious  house is in one of Melbourne's most exclusive residences. The four-bedroom house has ample parking with six spaces for those who have a passion for cars. Situated right on the sandy shores of First Point Beach, the luxurious house is in one of Melbourne's most exclusive residences . There is plenty of space for entertaining in the house, with two living areas . A wealthy Australian business man has sold his Melbourne home for a whopping $5.5 million . Located just six houses down from the beach, the breathtaking pad has stunning beach vistas and is surrounded by water. A lap pool located at the back of the property overlooks the golden sands and a large outdoor area is the perfect space for entertaining. Inside, the house is filled with light and is well proportioned with spacious bedrooms, an impressive master suite and a large balcony overlooking First Point Beach. Located just six houses down from the beach, the breathtaking pad has stunning beach vistas and is surrounded by water . Inside the house is filled with light and is well proportioned with spacious bedrooms, an impressive master suite and a large balcony overlooking First Point Beach . For those who like to wake up to a nice view, each bedroom overlooks the beach . For those who like to wake up to a nice view, each bedroom overlooks the beach. The dining area features ceiling to floor doors which can be opened out onto the sprawling vista. Decorated in a modern and chic way, the house is any beach lover's dream, with steps down from the dining room into the bright living room and an informal living zone. Decorated in a modern and chic way, the house is any beach lover's dream, with steps down from the dining room into the bright living room and an informal living zone . The huge bedrooms are decoration with a modern twist and feature massive windows . The living area features ceiling to floor doors which can be opened out onto the sprawling vista . The kitchen features a massive island, top-end appliances and sleek cupboards. Mr Harris' new $12 million  home, which was built in 1873, has been restored with a modern twist.
Flight Centre founder Geoff Harris sells home for $5.5 million . The sprawling Melbourne mansion is located in Port Melbourne . He accepted the offer from a couple at an auction on Saturday . The self-made millionaire is reportedly worth $975 million . He is known for his work with charities and his involvement in AFL .