prestige residential

Mount Martha's Glynt Manor Hits Market Again

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Real Estate News - Victoria
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Sunday, 15 August 2010 01:02

Glynt ManorMOUNT Martha’s iconic Glynt Manor has hit the market, again, with a private sale price of $6.5 million.

The distinctive 1910 mansion, built by the establishment Henty family and later owned by the Buxtons, originally stood on 28 hectares, and was expected to fetch close to $7 million when it hit the market in March.

Earlier this year Glynt Manor appeared in several episodes of SBS documentary Demitri’s Castle.

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Former Elwood Reception Centre Hits The Market

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Real Estate News - Victoria
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Sunday, 15 August 2010 00:41

HERE’s an open for inspection you might have already been to.

A huge Elwood property which operated for almost 40 years until about 1990 as the Fontainebleau Reception Rooms, has hit the market and is expected to sell for about $5 million.

Now a private home and simply called Fontainebleau, JP Dixon Brighton selling agent Nick Johnstone says the fully renovated four bedroom home, overlooking Point Ormond, could set a new price record for the waterfront suburb, between St Kilda and Brighton.

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Alannah Hill Stitches $1.68 Million From St Kilda Apartment Sale

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Real Estate News - Victoria
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Saturday, 14 August 2010 00:38

FASHIONISTA Alannah Hill has stitched up $1.68 million from the sale of a three-level St Kilda apartment she bought in 2004 as an impulse buy.

The apartment is built into the walls of an 1888 mansion in trendy Fitzroy Street – a property previously a home to squatters, a brothel, and later a French Consulate.

With a double garage, three bedrooms, wine cellar and a rooftop garden with city views, the apartment was decorated in Ms Hill’s unique style.

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New Record Set in Lower Plenty, Melbourne

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Real Estate News - Victoria
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Saturday, 14 August 2010 00:25

FOR the second time in a year, the record price for a home in Lower Plenty has been broken.

This time, in Beckett Court, a 4738 square metre estate with a tennis court, pool, spa, steam room, and 929 square metre mansion, sold for $3.6 million.

Morrison Kleeman director Rocco Montanaro said the sale price eclipses a record set last October, when a six-bedroom colonial style house on another massive block at 140 Bonds Road sold for $3.51 million.

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Portsea Golf Club Resort a Step Closer After Club Sells Enough Sites to Fund Redevelopment

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Real Estate News - Victoria
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Thursday, 12 August 2010 00:56

Portsea Golf ClubPLANS for a new $12 million clubhouse and hotel resort at the prestigious Portsea Golf Club have teed off, officially, after the Club successfully sold enough of its land to fund the new development.

Four of the five double blocks put to the market in February have now sold, with another two blocks now released for sale.

The Club is expected to bunker another $4 million from the remaining three blocks.

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Auction of Journalists Canterbury Home Makes the News

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Real Estate News - Victoria
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Thursday, 12 August 2010 00:43

Michael SchildbergerTHE family home of late broadcaster and reporter Michael Schildberger has been listed for sale.

The Canterbury home served Mr Schildberger and his family for 31 years, but is being sold after the respected journalist died in June of prostate cancer, aged 72.

Forging an impressive career which saw him climb from the Channel Nine publicity department into the newsroom, Mr Schildberger is most recognised for his role as the host and executive producer of A Current Affair, and other news shows, until the late 1970s.

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Auction of Journalists Canterbury Home Makes the News

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Real Estate News - Victoria
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Thursday, 12 August 2010 00:43

Michael SchildbergerTHE family home of late broadcaster and reporter Michael Schildberger has been listed for sale.

The Canterbury home served Mr Schildberger and his family for 31 years, but is being sold after the respected journalist died in June of prostate cancer, aged 72.

Forging an impressive career which saw him climb from the Channel Nine publicity department into the newsroom, Mr Schildberger is most recognised for his role as the host and executive producer of A Current Affair, and other news shows, until the late 1970s.

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Historic Grace Park House, Hawthorn, Sells For $9 Million

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Real Estate News - Victoria
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Wednesday, 21 July 2010 00:39

Grace Park HouseMELBOURNE Victory senior executive Richard Wilson is understood to have quietly sold one of Hawthorn’s most exclusive homes for about $9 million.

The historic Grace Park House in Chrystobel Crescent was one of the first estates established in the suburb, and was the original mansion house, for the land now known as the Grace Park Estate in Hawthorn.

As one of the earliest surviving mansions in the Hawthorn area, Grace Park House was included on the Historic Buildings Council Register in 1989.

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Hawthorn East School Converted Into Prestige Street

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Real Estate News - Victoria
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Tuesday, 20 July 2010 00:33

HAWTHORN East’s former Preshil School site has re-opened as a small, new housing estate.

A spokeswoman for the Boroondara Council said a Plan of Subdivision was certified on July 9, in which Daniel Court replaces a site previously known as 462 – 466 Barker Road.

The planning application to replace the school with a new street was lodged in early 2006.

Daniel Court has eight blocks, ranging in area from about 550 square metres to just over 720 square metres.

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EG to Redevelop Former Hedley Sutton Retirement Village, Canterbury

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Real Estate News - Victoria
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Monday, 19 July 2010 00:22

IT was described as the “best bargain development site” to sell during the economic downturn, and now builder EG Funds Management is ready to cash in.

The former Hedley Sutton Retirement Village, on the corner of Canterbury Road and Gascoyne Street, is being replaced with a medium density housing project, called The Canterbury.

EG paid Baptcare just $12.53 million for the 8161 square metre site in late 2008, at a particularly depressed time in the residential development site market.

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Kew's Sholom Lodge Likely to be Melbourne's Next Historic Home to be Demolished

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Real Estate News - Victoria
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Friday, 16 July 2010 00:04

ANOTHER historic home in Melbourne’s ritzy east is set to be replaced with apartments.

The grand Kew home, currently known as Sholom Lodge and used as a 14-bed aged care facility, is being sold as a residential development site with a permit for 12 flats.

Sholom Lodge is near the busy roundabut of Princes Street, and the entrance to the Kew Cottages redevelopment, being undertaken by Sydney-based private developer Walker Corporation.

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David Parkin to Sell Mothers House, Hawthorn

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Real Estate News - Victoria
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Tuesday, 13 July 2010 23:53

AFL legend David Parkin, and his brother Des, a medical researcher, are selling the Hawthorn home that his belonged to the Parkin family for five generations.

The five-bedroom rendered bungalow at 39 Denham Street is located directly opposite St James Park where the Parkin boys perfected their football, cricket, and lawn bowling skills.

Currently configured as a three bedroom house, with formal and informal dining areas, the 1920s dwelling includes many original features such as a panelled entrance foyer, leadlights, open fire places, beamed ceilings and timber floors.

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Sherbrooke's Burnham Beeches Estate Sold

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Real Estate News - Victoria
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Monday, 10 May 2010 22:01

Burnham BeechesTHE man who was until recently a joint venture owner of Spring Street’s controversial Windsor Hotel redevelopment, has purchased a significant Dandenong Ranges property, built by the Australian who made his fortune marketing Aspro to the world.

Sources say property investor Adam Garrison is planning to restore the former Burnham Beeches estate in Sherbrooke, about 40 kilometres east of town, into a luxury resort.

The distinctive three-storey art deco home, on 22.7 hectares with historic landscaped gardens, was built in the 1930s as a private home for wealthy businessman Alfred Nicholas, whose Aspro product was one of the world’s highest selling headache treatment by the 1940s.

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BPM Outmuscles Investors For Brighton Development Site

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Real Estate News - Victoria
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Thursday, 29 April 2010 21:46

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.

 
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Glenneagles Homes Latest Malvern Project Complete

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Real Estate News - Victoria
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Wednesday, 28 April 2010 21:44

BOUTIQUE builder Glenneagles Homes Pty Ltd has completed construction of its latest project at 331 Glenferrie Road in Malvern.

Two of the five units in the luxury project sold during construction, including the penthouse, for $2.75 million.

Marshall White is marketing the last of the apartments, priced between $1.9 million and $2.75 million.

 
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Some New Records Set in Melbourne's West

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Real Estate News - Victoria
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Monday, 19 April 2010 19:45

INTEREST in the streets regarded as “the best in the west” appears to be rampant, with the record price of a Moonee Ponds home speculated to have been smashed twice in the last two weeks.

No sooner had builder Raffaele Aiello set a record, paying about $4.65 million for a home on ritzy Ardmillan Road, did Secret Agent get tipped off about an off-market $5.2 million deal, on Park Street and near the sprawling family home of ex North Melbourne VFL footballer Kerry Good.

Nelson Alexander’s Matthew Febey, who marketed Ardmillan Road, declined to comment on any deals when contacted by Secret Agent.

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Smorgon Abandons Plans For Luxury Toorak Apartment Tower After Demolishing Historic Home

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Real Estate News - Victoria
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Wednesday, 31 March 2010 07:22

PLANS for a luxury Toorak apartment complex with the features of a six-star hotel – including a live-in 24-hour concierge – have been abandoned, in what some are speculating is a sign of steam running out at Melbourne's top end.

Businessman Rodney Smorgon has quietly listed for sale what is now a vacant block at 4 Trawalla Avenue – the site of what was to have been “Trawalla” – a six unit complex with massive apartments up to 948 square metres, and priced from $5 million to $14 million.

Mr Smorgon announced plans for Trawalla six months ago, but he bought the elevated site in 2007, toward the peak of the property market boom, for a reported $8.5 million.

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Record Price for a Melbourne House Smashed For the Third Time in Four Months

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Real Estate News - Victoria
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Wednesday, 10 March 2010 09:57

The record price for a house in Melbourne has been smashed for the third time in four months.

Former soft drinks distributor turned property developer Harry Stamoulis is speculated to be paying $25 million for a massive estate at 39 St Georges Road, Toorak, which includes a seven bedroom unrenovated mansion – once the family home of Opposition Leader Ted Baillieu.

The Baillieu family put the house at a trough in the prestige property market in 2008, where it eventually sold for $14.8 million to private investors the Zig Inge Group, who develop mainly retirement communities.

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Swimmer Michael Klim Turns his Hand to Property Development

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Real Estate News - Victoria
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Monday, 08 March 2010 21:08

Michael KlimANOTHER sportsman is turning his hand to a property development, this time in Brighton.

Swimmer Michael Klim is developing two luxury townhouses in the prestigious pocket of Martin Street, between St Kilda Street and the bay, in the precinct known as the Golden Mile.

JP Dixon selling agent Nick Johnstone expects about $5 million for the one townhouse that is on the market, which is opulently decorated in Balinese style.

Last Updated on Wednesday, 10 March 2010 11:20
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