Graham Underwood Buys Mount Hotham Home For $2 Million – realestatesource https://www.realestatesource.com.au Commercial and residential property news Wed, 31 Oct 2007 12:12:52 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.4 https://www.realestatesource.com.au/wp-content/uploads/2024/03/rsfav-100x100.png Graham Underwood Buys Mount Hotham Home For $2 Million – realestatesource https://www.realestatesource.com.au 32 32 Graham Underwood Buys Mount Hotham Home For $2 Million https://www.realestatesource.com.au/graham-underwood-buys-mount-hotham-home-for-2-million/ Wed, 31 Oct 2007 12:12:52 +0000 http://realestatesource.com.au/wordpress/graham-underwood-buys-mount-hotham-home-for-2-million.html Melbourne-based businessman Graham Underwood has smashed the sale price record for a house in the snow, paying $2.05 million for ‘Under the Moonlight’ - a Giovanni D’Ambrosia designed luxury cabin at Mount Hotham, described as the most dramatic snow home ever built in Australia.

]]> The two-bedroom property is perched on the edge of an alpine reserve, part of the highest approved freehold land currently approved in Australia. The inside living area is dominated by a 20 tonne cantilevered fire place made of local stone.

Mount Hotham boasts the nation’s only alpine airport, making it more accessible than any other ski field from every Australian capital city. It’s ski slopes are regarded as the best in the country.

The sale price eclipses the $1.6 million record set last winter for a nearby house, also at DP Village Hotham, the first stage of the $500 million New Hotham development. The project is a joint venture project between the Australian Stock Exchange-listed MFS Living and Leisure group, and developer the Ray Group.

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