Sorry we couldn't find a match for that, please try again. You don't have neighbours breathing down your balcony," he added. Another prime piece of Portsea real estate – albeit much closer to the water – set tongues wagging late last year when it sold for the first time in about 70 years. "It's a frightening amount of money,'' he said. The Fishers more recently acquired the adjoining block behind the house and added a tennis court and pavilion. It is the first time in more than 100 years the two parcels of land – 3684 and 3686 Point Nepean Road – totalling 2800sq m are being sold together. Millionaire and former Computershare director Michele O'Halloran will break the record for a Victorian residential property if her cliff-top Portsea mansion sells for its asking price of more than $20 ... the seaside mansion comprises extensive loggiae, sunrooms, a patio and terrace and numerous large living spaces.

The buyer will also have to pay stamp duty to the State Government of $1,485,000. Nee Morna, a grand Federation home, is expected to fetch $20m.Source:Supplied. Livitsanis, who consults for several Fortune 500 companies, has developed a penchant for building and flipping homes on the Mornington Peninsula. The founders of a furniture manufacturer which fits out offices for some of the largest companies in Australia and Asia have listed their Portsea mansion for sale with price expectations of between $20 million to $22 million. Unlike auctions, buyers are forced to submit their offers in writing and do not usually know what other people are offering.Anyone who really wants a property is forced to offer over the odds.The party that makes the highest offer is either sold the property or given the opportunity to make an even higher offer if their price is not acceptable to the owner.Buyers advocate David Morrell said the price had taken Melbourne property prices to a new level. Discover (and save!) The estate is positioned on a clifftop, spanning 16,866sqm, and is expected to attract interest above $20 million. In 2003, Ms O’Halloran sold a 742-square-metre former ”vegie patch”, part of the estate, for $1.6 million. The Sisters in nearby Sorrento sold in 2008 for $19 million and set a Victorian record, breaking the previous highest price set when art dealer Rod Menzies paid $18 million to Hamton developers for the Stonington mansion in Glenferrie Road, Malvern. The Sisters in nearby Sorrento sold in 2008 for $19 million and set a Victorian record, breaking the previous highest price set when art dealer Rod Menzies paid $18 million to Hamton developers for the Stonington mansion in Glenferrie Road, Malvern. Portsea is not short of wealthy, high-profile residents with impressive cliff-side homes. The home has been carefully restored by its current owner, former New York-based investment banker Alex Lipe.Source:Supplied. In recent times there has been a groundswell of interest moving back from Portsea to Sorrento as many families are attracted to the amenity in close proximity to Sorrento houses compared with what is offered in Portsea,” Mr Wizel said. Official film partner of. Rate cut pours fuel into housing market, but is it too much? Typical Classic Melbourne Home – by Shaynna Blaze, Rue McClanahan’s (Golden Girls) former CA home selling for $5.95M. "It's a substantial home with significant views. news.com.au — Australia’s leading news site. The Fishers more recently acquired the adjoining block behind the house and added a tennis court and pavilion. John Fisher, who co-founded Zenith Interiors in 1990, and his wife Jenny are selling their Hamptons-inspired residence on the Portsea clifftop in Victoria after buying an older home on the land 12 years ago for just $2.3 million and rebuilding. Billionaire Lindsay Fox, of trucking and logistics company Linfox, has established a 16,000sq m compound close to Millionaire's Walk while veteran property developer, and fellow AFR Rich Lister Max Fox, lives further down Point Nepean Road on a private 8000sq m block with a tennis court and courtyard pool. The house sold through Liz Jensen, of Kay & Burton, but she declined to comment on the specifics of the deal.

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