[ad_1]
Patricia Ilhan sold her Brighton backyard at 23 Seacombe Grove after a competitive expression of interest.
Patricia Ilhan, the widow of the late “Crazy John” Ilhan, received a huge eight-figure cash windfall after partitioning her Brighton neighborhood.
Ms. Ilhan listed her backyard of 1,727 square meters 23 Seacombe Grove The price last month was between $18.5 million and $20 million.
Land, namely Next door to Mrs. Ilhan’s luxurious residence It has become a part of it and has been in this family and used as a garden for the past 19 years.
The realestate.com.au listing of the property was updated on Tuesday night, stating that it has signed a contract. The source said it was sold to a Melbourne buyer for “over” US$20 million, who would build his dream home.
related: Brighton’s waterfront neighbourhood is listed at a price of US$18-20 million
Brett Montgomery: Port Adelaide assistant coach lists East Brighton beauties
![SBV restart](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E)
Mrs. Ilhan is the widow of the late “Crazy John” Ilhan, who founded Crazy John’s mobile phone retail chain.Image: Josie Hayden
Mr. Ilhan died of a suspected heart attack in 2007.
On Wednesday, Marshall White Stonnington director Marcus Chiminello declined to disclose the price or the identity of the buyer.
But he confirmed the deal and stated that four buyers competed for a “blank canvas” on the seashore in an event where he expressed interest.
He said that this is a rare opportunity to build in Brighton’s Golden Mile without demolishing existing homes.
The Ilhan family has owned the neighbourhood for the past 19 years.
Part of Mrs. Ilhan’s sun room will be demolished before settlement.
Mr. Chiminello said: “Given the scarcity of a blank canvas in the waterfront neighborhood, this neighborhood will be very popular in any market.”
Marshall White’s agent Stephen Smith told the Herald Sun earlier that Mrs. Ilhan was planning to overhaul her own home.
It is close to the beach, Church St shops, restaurants and elite schools.
Marshall White’s agent Marcus Chiminello said there are very few undeveloped neighborhoods in the waterfront area.
Local buyers and foreigners have been paying attention to this listing, which he called an opportunity “once every 20 years.”
“If you want to be close to the Royal Brighton Yacht Club and Dog Beach, these neighborhoods will never show up. If you are lucky, only once every 20 years,” Mr. Smith said at the time.
Mr. Chiminero said on Wednesday that other Brighton seaside homes may subdivide their neighbourhoods after the sale.
It is believed that a family in Melbourne has paid more than $20 million for this land and plans to build their dream home.
But he said that few homeowners have backyards of similar size, which further illustrates the rarity of this product.
Seacombe Grove is one of Brighton’s most sought-after blue chips.
The neighborhood is close to the beach, elite schools, and the shops and restaurants of Church Street.
The late Mr. Ilhan was the founder of Crazy John’s mobile phone retail chain.
Sign up for the Herald Sun for weekly real estate updates.Click on Here Send the latest Victorian real estate market news directly to your inbox.
more: Melbourne’s most popular street: from Mount Macedon to Melton
Beaumaris House: Modernist style house is expected to set suburban records
Living in McRae’s “New York” loft: warehouse-style house for sale
[ad_2]
Source link
