Plans Lodged to Subdivide Historic Phillip Island Homestead

ANOTHER establishment family is lobbying to slice and dice their substantial holiday home retreat.

This time, on Phillip Island, the Grollo family have submitted plans to subdivide the historic eight hectare estate, Woolamai House (pictured, right), which was built in 1876 for wealthy hotelier and horse trainer John Cleeland and is one of Victoria’s oldest coastal homesteads.

Woolamai House includes an Italianite Gothic mansion and gardens with heritage plantings abutting the Cape Woolamai foreshore, all of which are included on the Victorian Heritage Register.

Read more

Another Slice of Historic Sorrento Property Hits The Market

THREE months after telling Domain he had no intention of doing so, Richard Sheldermine – a member of the Myer dynasty – is selling another subdivided piece of the historic Sorrento property known as The Sisters.

This time, it’s a 2946 square metre waterfront portion being offered, with price expectations of some $10 million.

Earlier this year, Richard reaped $6.5 million selling a 1915 square metre subdivided slice of the estate at 3080 Point Nepean Road.

Richard paid $18.4 million for the historic 1.2 hectare site in early 2008 (pictured, right), before successfully applying to the Victorian Civil and Administrative Tribunal to slice it five ways.

Read more

Slice of Victorian History For Sale in Sorrento

A SUBDIVIDED piece of Victorian history has quietly hit the market, in Sorrento.

Richard Shelmerdine, a member of the Myer dynasty, is selling the 1915 square metre development site – until now part of the much larger historic property known as The Sisters, and within the precinct of Victoria’s first European settlement.

In early 2008, the Shelmerdine’s paid $18.4 million cash for the exclusive 1.2 hectare site, which has been in private hands since 1890, and was last owned by eccentric millionaire Peter Rand.

Read more

Residential Developer Pays $2.4 Million For Sorrento Development Site

WITH the apartment building development boom taking place outside of Melbourne too, it’s no surprise prime development sites in coastal retail centres are increasingly catching the attention of builders.

This time, in ritzy Sorrento on the Mornington Peninsula, a 922 square metre development site at 141 – 147 Ocean Beach Road has sold to make way for a $10 million apartment-based project.

The site is currently recognised as a single-level weatherboard dwelling and leased to a homeware shop and art gallery.

Read more