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Robert Le Tet Buys Espy Penthouse in St Kilda

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Written by Marc Pallisco   
Saturday, 17 November 2007

Movie producer and former Australian Broadcasting Authority member Robert Le Tet is believed to have forked out more than $5 million for a penthouse at Becton’s controversial Espy apartment complex in St Kilda.

Sources say Mr Le Tet, and wife Jeanette bought one of four penthouses available in the complex, which was developed on the former bottle shop of the Esplanade Hotel in Victoria Street.

One of the other apartments in the complex is occupied by Becton founder and non-executive chairman Max Beck. His outgoing home, the Kinane mansion in Brighton, smashed the previous record held for a house in the suburb when it sold to businessman Russell Small for $11.2 million in July last year.

RT Edgar director Greg Herman who was marketing the project confirmed all four penthouse apartments in the St Kilda complex had sold, but declined to elaborate on any part of the deals.

Last year, the Le Tet’s sold their landmark Milford mansion in Glenferrie Road Hawthorn to Coles Myer IT director Peter Mahler, for a price believed to be about $4 million.

Becton became the target of many irate local lobby groups earlier this decade, when it announced plans to build the high rise apartment complex on land behind the iconic hotel, which still trades as a watering hole.

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