HONG Kong based company director Sheena Wong is selling a penthouse apartment on Brighton’s waterfront.

Apartment four at 174 The Esplanade, includes three bedrooms, a study, a large open plan living and dining area, two car spaces, and rooftop terrace with spa bath.

Refrigerators, ovens, the microwave and a coffee machine are built into the apartment’s Poliform kitchen.

The kitchen, like the adjoining lounge and dining room, captures postcard views over Port Phillip Bay.

BAYSIDE developer BPM has outmuscled international and local buyers for a supersized Brighton property, about 100 metres from the waterfront.

BPM paid $5.5 million at auction for the 14 North Road property, in the blue-ribbon pocket known as the suburb’s “Golden Mile”.

A two storey home and a tennis court on the large 1553 square metre block will be demolished to make way for a medium density apartment project yielding around 12 flats.

A PROMINENT near-new hotel opposite the Royal Brighton Yacht Club has hit the market with a price tag of $25.8 million.

The 59-room Quest complex, at 242 – 254 The Eplanade, is expected to sell to an investor or syndicate, who may sell down the 68-individually titled spaces within the complex, at a premium.

The waterfront property – available for sale as a whole by builder Pace Developments - also includes three penthouse apartments, retail and commercial components.

Former Tabcorp and Southcorp chief executive officer Ross Wilson will sell his landmark Brighton mansion, Blair Athol.

AFL Hall of Fame inductee Gerard Healy has snapped up a house in the Brighton street locals dub "millionaires' row". The former Melbourne and Sydney midfielder turned football commentator is believed to have paid more than $4 million for the home in Kinane Street, one of the suburb's most expensive enclaves.

The days of tennis players renting a luxury home for their stay at the Australian Open are all but gone, according to agents, because rich home owners simply don’t need the money.

THE performance of Melbourne’s southern suburb’s reflects the truism that the rich are getting richer.

Nine of the ten best performing suburbs had annual median house growth of more than 10 per cent, with the best performer, Toorak, increasing by an astounding 33.6 per cent. If you’re aspiring to get into the suburb, you’d better have found an extra $560,000 since last year - with the median house price now $2,230,500, almost double that of Melbourne’s second most expensive suburb, Brighton.

To Melbourne’s bourgeoisies, nothing spells exclusivity like a bathing box.