Postscript: this property sold in the last week of June for a price speculated to be within the guide.
Arvin Mogan Lourdenadin – the son of doctor turned executive and property investor Sir Ninian – is selling Toorak’s Carinya mansion after 10 years.
The businessman can expect between $42-$46 million for the 4715 square metre pile at 61 Clendon Road – next door to Paul Little and Jane Hansen’s c1867 Coonac estate, arguably Melbourne’s priciest home, speculated to be worth over $100m.
Developed in 1925 by Beaver and Purnell – also responsible for St Kilda’s former St Moritz Ice Rink – for wool and skin broker Herbert William, the three level Spanish Mission contains six bedrooms, a library, gallery, study, wine cellar and tasting room.
The master suite has his and hers walk-in-robes.
Mr Lourdenadin paid $13.75m for 61 Clendon Rd in late 2013.
Kay & Burton’s Andrew Sahhar with Marshall White’s Marcus Chiminello have the latest listing.
Sir Ninian, also the principal shareholder and chief executive officer of MBf Holdings, is Malaysia’s 25th richest person, according to Forbes, with a worth of US$960m (A$1.46 billion).
Another $40m-plus offering
Two other Toorak properties are presently for sale asking the same kind of dollars as Carinya – both on Albany Rd, they include #35-39, being offered by the Hains family with $39-$42.5m price hopes, and #55, which the Walker family is selling, with a c$55-$60m guide (story continues below).
Shrublands in Canterbury was also listed earlier this year asking $37-$39m.
That price would reflect a major boon for the vendors, the Ali family, which outlaid $29m in 2020.
Avon Court in Hawthorn has been Melbourne’s priciest sale this calendar year – at $41m, the upper end of its guide.
In Whernside Avenue, the Alfasi family banked over c$34m for their family home, which traded off market, while packaging executive Alex Commins and his wife, EY executive, Nicola, offloaded their mansion at 26A Linlithgow Rd to former Australian cricket captain Ricky Ponting and his wife Rianna for $20.75m.
Little Milton, on Albany Rd, also sold late last year for c$29m.
Like 26A Linlithgow Rd and Avon Court, the price achieved was at the upper end of the guide.
BlueCross has also sold a mansion in the suburb – the historic Darnlee – to buyers who intend repurposing the aged care home into a private residence.
On Lansell Rd, that property achieved c$20m.
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