Billionaire Chris Morris lists landmark Melbourne home for sale

Computershare co-founder Chris Morris.

One of Australia’s most successful businessmen, Chris Morris (pictured, left), is selling one of Melbourne’s most impressive homes, in Middle Park.

The renovated Art Deco residence at 223 Beaconsfield Parade (pictured top, right and bottom) is expected to sell for around $15 million following an expressions of interest campaign closing next month.

Designed by Chamberlain Javens Architects, with interiors by Kerry Phelan Design Office, the offering includes a main home on the waterfront containing four bedrooms and five bathrooms.

A self-contained apartment with another bedroom and bathroom sits atop a four car garage accessed off Ashworth Street.

Renovated using three key components – timber, stone and glass – the home offers formal and informal living and dining areas, hotel inspired bathrooms, marble kitchens on each level, a bar, champagne lounge, billiards room and grand outdoor entertainment spaces.

The dwelling occupies a 927 square metre plot on the street considered to be one of Melbourne’s most expensive, measured by land value, and enjoys views over Port Phillip Bay which can never be built out.

Kay & Burton broker Michael Armstrong said cutting-edge engineering and “rare artisanship” underline the quality of the offering, about four kilometres south-west of the Melbourne CBD.

“It’s quite extraordinary – the detail, the scale, the position – are all world class.

“Chris designed the home to be a sanctuary for his family – it has terrific entertaining spaces as well as zones for relaxing and for work”.

Mr Armstrong is marketing the home with colleague Nicole Gleeson and Cayzer’s Geoff Cayzer and Michael Szulc.

It is not far away from Hughenden, for years the headquarters of the Danish Club before Naomi Milgrom, Victoria’s richest woman, bought it for $12 million in 2008 to turn into a luxury home.

Mr Morris is estimated to have a net worth of just over $1 billion including a stake valued at about $675 million of Computershare, the share registration business he founded with his sister Penny Maclagan, in 1978.

Since stepping down as Computershare chairman some years ago, Mr Morris has focused on other businesses including casinos in Queensland and Tasmania and a brewery in Western Australia.

A hospitality enterprise, Colonial Leisure Group, has a portfolio of pubs and hotels valued at more than $100 million.

In the United Kingdom, Mr Morris owns the Pennsylvania Castle in Dorset – which was built by the grandson of the founder of the US state of Pennsylvania.

The renovated and extended Art Deco home on Melbourne’s waterfront is expected to sell for about $15 million.

Marc Pallisco

A freelance property writer and analyst, Marc is a co-founder of realestatesource.com.au.

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