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Digital entrepreneur Guy King’s mansion at 61-63 Grange Rd, Toorak was sold for $32 million in March, becoming the largest sales reported for the 2020/21 fiscal year.
The Palatial Toorak mansion, the magnificent Flinders Manor and the old Brighton Manor are the sales mix that dominated the Melbourne real estate market in the last financial year.
According to the Real Estate Association of Victoria, in the year affected by the Covid-19 lockdown, the value of properties sold in Victoria exceeded US$95.62 billion.
Data from REIV, realestate.com.au and exclusive interviews with Melbourne’s top brokers show that the most expensive floor mats changed hands between July 1 and June last year.
related: Guy King: The huge Toorak mansion sold for $300-33 million
Shannon Bennett and Madeleine West sell Toorak mansion for more than $23 million
Patricia Ilhan: “Crazy John” Ilhan’s widow sells Brighton block for more than $20 million
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Mr. Jin is the co-founder of RetailMeNot.com, a discount coupon website.
In 2010, he and his wife Liz bought 61 Grange Rd for US$7.5 million.
They later bought the property next door for $7.7 million and used it to build an incredible garden.
The big dollar signs are almost as big as the names of celebrities, celebrities and business elites behind them.
The luxury of digital entrepreneur Guy King 61-63 Grange Rd, Toorak, abode topped the list as the most expensive sales reported by the state.
The Hampton-style four-bedroom, six-bathroom mansion was sold for $32 million in March and was handled by Christie’s Prestige Homes agent Sean Cussell.
Christie’s Prestige Homes agent Sean Cussell handled the listing.
The mansion has four bedrooms and six bathrooms.
Mr. Jin is a former young rich lister. He co-founded the discount coupon website RetailMeNot.com and sold it to an American media company for $90 million. 61 Grange Road In 2010, US$7.5 million.
Then he snapped up the block next door 63 Grange Road For $7.7 million, he and his wife used it to build a luxurious walled garden.
It is located on a huge block of 4236 square meters.
Mr. Cussell said that off-site sales of this luxurious artwork were approximately US$18 million. 255 Domain Rd, South Yarra, -Known as Poolman House-is his other biggest deal this fiscal year.
It was sold to the Smorgon family in Melbourne in March, which jointly owned the Continental Hotel in Sorrento, and Now listed for rent, weekly rent of 10,000 US dollars.
This luxury home at 255 Domain Rd, South Yarra was sold for approximately US$18 million and is now leased.
RT Edgar Toorak’s agent Sarah Case’s sales are one of the other largest sales. The trophy home of Australian Finance Group co-founder Malcolm Watkins and his husband Peter Kerr is located 4-5 Myvore Court, Toorak, Changed hands for 25 million US dollars.
Sarah Case of RT Edgar sold 4-5 Myvore Court in Toorak for $25 million.
This is the trophy home of Malcolm Watkins, co-founder of the Australian Financial Group, and his husband Peter Kerr.
The couple spent three years building it.
Marshall White StoningtonDirector Marcus Chiminero Sold the former home of celebrity chef Shannon Bennett in 43 Lansell Road After Bennett broke up with former partner and former neighbor star Madeleine West.
This refurbished five-bedroom, four-story mansion was sold for $24 million. It has a 10-car garage, a home theater, gym, library and a roof garden with a second kitchen.
The hospitable heavyweight Robert Zagame bought the house.
But they only lived there for about a month, and then fled to the Gold Coast after the Covid-19 outbreak.
The master bedroom has a dressing room and a marble suite.
There is also an underground garage with eight parking spaces.
Mr. Chiminello declined to confirm the sale price of the property or the identity of the buyer.
But he said that the “weak time” during the lockdown made buyers eager to buy.
This has brought great results, but he said that the biggest transactions are always kept secret.
“There are things happening in the market that the public will never hear about,” Mr. Ciminero said.
The Italian-style mansion at 17 Toorak Chastleton Ave once belonged to comedian, lawyer and Gold Logie champion Steve Vizard.
Its listed price ranges from US$22 million to US$24 million, and it is believed to have been sold in this range.
Marcus Chiminello of Marshall White was in charge of the transaction.
“The transactions that have taken place have almost doubled (the value of these sales).”
Mr. Chiminello also sold Boost Juice founder Janine Allis’s cushion on Whernside Ave in Toorak in March, which was sold out for $22 million.
It is believed that it has been sold to the philanthropist Eloise Pratt, the daughter of the late billionaire Richard Pratt.
The house was built in the 1880s and used to be a high-end boarding apartment.
It has six bedrooms, a game room and various living spaces.
The value of the land drove the multimillion-dollar sales of an outdated estate at 1 Brighton Bay Street.
The sprawling Flinders Manor is located 90 King Street In March, a five-bedroom mansion overlooking the sea was sold for approximately US$23.5 million.
It has set a new record for a seaside paradise, including a 35-seat spa, suspended in a resort-style swimming pool, professional gym, sauna, cinema, wine room, second kitchen, and is equipped with customized imported from all over the world Furniture.
Celebrity chef Shannon Bennett listed his home at 43 Lansell Road in Toorak after breaking up with his former partner Madeleine West.
The four-story mansion was sold for 24 million U.S. dollars.
Bennett is the chef of Vue de monde and a frequent guest on shows such as MasterChef.
High-end Bayside broker JP Dixon sold a dilapidated seaside mansion in 1925 1 Bay St, Brighton, Approximately US$20 million in May.
JP Dixon director Jonathan Dixon (Jonathan Dixon) said that location and land value are the main driving forces of the sale. The buyers are local families who intend to demolish existing residences to build their dream home.
His previous address on Lansell Rd had a home theater, a gym, a library, a roof garden and kitchen, and a 10-car garage.
Mr. Dixon said: “This is an absolute waterfront. The problem is the waterfront. In Melbourne, only 52 have no road between them and the bay.”
“Buyers can walk directly to the natural area and enter the water. Please note that most of them have swimming pools.”
Mr. Chiminello also handled the sale of Whernside Ave, Toorak pads by Janine Allis, the founder of Boost Juice.
Sources said it was sold to the philanthropist Heloise Pratt, the daughter of the late billionaire Richard Pratt.
This magnificent castle-like Toorak residence was once owned by comedian, lawyer and Gold Logie champion Steve Vizard 17 Chasselton Avenue Sell US$20 million to the north In June.
RT Edgar director Jeremy Fox said that wealthy buyers are using low interest rates to invest money in real estate because they recognize the value of investment.
The sprawling estate at 90 King Street in Flinders was sold for approximately US$23.5 million in March.
The sale set a new record for a coastal paradise.
The magnificent 20 St Georges Rd, Toorak changed hands for US$19 million.
“We were recently 34 Albany Road, It was sold in 1991 for 1.2 million U.S. dollars, and 30 years later, it was resold for 14.25 million U.S. dollars. This is a compound annual growth rate of 8.5%,” Mr. Fox said.
“I haven’t seen so many high-end sales proceed so easily. They are all locals who want to upgrade their houses, and local families distribute money to their young relatives.”
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Top 10 sales in Melbourne
(July 1, 2020-June 2021)
61-63 Grange Rd, Toorak-$32 million
27-29 Kent Ave, Brighton – Prices are between US$25 million and US$27.5 million
4-5 Myvore Court, Toorak – US$25 million
43 Lansell Rd, Toorak – US$24 million
90 King Street, Flinders-Approximately USD 23.5
57 Clendon Rd, Toorak-$22.1 million
Whernside Ave, Toorak – $22 million
17 Chastleton Ave, Toorak-The price is between $22-24 million
1 Bay St, Brighton – approximately US$20 million
20 St Georges Rd, Toorak – US$19 million
Top 10 Victorian Sales
(July 1, 2020-June 2021)
2-4 Stephens Parade, Barwon Heads – US$10.2 million
746 Ventnor Rd, Ventnor – 8.15 million USD
58-60 Hodgson St, Ocean Grove – 6.65 million USD
635 Mooleric Road, Birregurra – approximately US$6.5 million
103 Chambers Rd, Ashbourne – approximately USD 6 million
135 Punch Bowl Rd, San Remo – $5.589 million
Morrissey Park, Gulben Weir-$6.26 million
122 Syndicate Road, Mount Macedonia-US$5.3 million
24b Melba Parade, Anglesea-priced between US$5-5.5 million
48a Melba Parade, Anglesea-Priced between USD 5-5.5 million
Source: REIV, REA Group, Victorian Realtor
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