A home in one of Australia’s most exclusive suburbs is up for sale with a price tag of $50 million.
The house in Toorak, an inner city suburb of Melbourne, along St Georges Road, has just hit the prestige property market, with expressions of interest closing next month.
The five-bedroom, five-bathroom mansion is open to private inspections only and has a swimming pool, spa, gymnasium and tennis court.The Australian Financial ReviewRichlister David Prior, founder of major yoghurt brand five:am, and his wife Sallie, a shoe designer, own the property.The home is owned by richlister David Prior.Mr and Mrs Prior bought the place for $23.3 million in 2014 in an off market agreement.
The bathrooms are marble-lined, while the home also has bevelled glass windows, decorative columns and an arched portico.The interior of the house.Despite the home’s staggering price guide, this is far from the most expensive home to hit the market along the exclusive Toorak street on which is it situated.by crypto kingpin Edward Craven for $80 million. That set a new record for Toorak and Melbourne.Two cities where house prices will explodeBefore that, tech entrepreneur Kogan.
The most expensive property in Australia is the $130 million mansion, Uig Lodge, in Point Piper in Sydney, purchased by Atlassian co-founder Scott Farquhar and his wife, investment banker Kim Jackson in 2022.
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