Friday 17th December

A record sale for Ilyuka Estate?

Melbourne is all abuzz with the rumoured sale of the historic Ilyuka Estate in the prestigious holiday hotspot, Portsea.

Although not confirmed yet, the $20 million price tag that was on the property has possibly been trumped by a record-breaking offer in the vicinity of $26 million. It is rumoured that an Australian buyer put the offer forward, however agents from Kay & Burton declined to comment or name the purchaser.

The sale would parallel the prices only a few of Melbournes city estates have fetched in recent years. Previous records for properties in Victoria were set by ‘The Sisters’ in nearby Sorrento, a coveted property which forms part of Victoria’s first settlement site and fronts the exclusive Sullivan Bay. The historic property was sold as part of millionaire Peter Rand estate, who died in 1997. The Sisters was sold by Rands family in 2008 for $18.4 million as a cash sale.

Similar ground breaking prices have only been seen in Melbourne’s best inner city suburbs, including the sale of ‘Avon Court’ in Hawthorn for $25 million, and the sale of ‘Miegunyah’ in Toorak for $23 million last year.  Before that, art dealer, Rod Menzies, paid $18 million for the Stonington mansion in Glenferrie Road, Malvern, in 2007.

Ilyuka made headlines when it was first put on the market due to its heritage and its exorbitant marketing campaign, which included a five-minute movie reportedly costing more than $200,000 to make. The movie features Channel Nine personality and the face of spring racing Brodie Harper, with her husband Heath Meldrum, who play out a charming rendition of a ‘Great Gatsby’ style afternoon in the estates gardens and grand rooms.

The property was owned by former Computershare director and mother of two, Michele O’Halloran, who bought the mansion in 1999 for $7.5 million.

The restored and renovated Hollywood-style home was built for American oil tycoon, Harry Cornforth, in 1929-30, and is situated atop Portsea's coveted cliff top, next to the likes of trucking magnate Lindsay Fox and investment banker John McIntosh.

Portsea is widely regarded as an exclusive holiday destination for Melbourne’s elite. Its iconic ‘Portsea Pub’ has been a long time hangout for the rich and famous, and it’s been a the home of regular iron man competitions, the Portsea Pro-Am Classic, the Pier to Pub Swim, the Portsea Swim Classic, and the Melbourne to Hobart and Melbourne to Davenport Yacht Races.

Ilyuka includes eight bedrooms, eight bathrooms, basement cellar, and generously proportioned living, dining, and entertaining rooms.

The grounds sprawl over two acres and feature a full–sized grass tennis court, sweeping driveway, private steps to the exclusive Point King beach and access to a private jetty.

For further information, find it on Millionplus.

'Simply the Best' on offer in Noosa

The Australian music producer and songwriter responsible for co-writing Tina Turner’s smash hit ‘Simply the Best’, Mike Chapman, is selling his luxurious Hastings Street penthouse suite at Noosa Heads for a price rumoured to be ‘several million dollars’.

Chapman was born in Nambour, Queensland, and grew to become a prolific record producer and songwriter in the 1970’s. He created a string of hit singles for artists including Sweet, Suzi Quatro, Smokie, Mud and Racey and produced breakthrough albums for Blondie and The Knack. As well as composing Tina Turner's mega-hit ‘Simply The Best’, Chapman also composed Pat Benatar's ‘Love Is a Battlefield’.

The penthouse, named The Starlight Suite, is located within the prestigious beachside resort, Netanya. It boasts three bedrooms, three bathrooms, media room, a rooftop terrace with spa, and an entertaining balcony overlooking Noosa’s famous beach.

Still wanting to stay in the area, Chapman has purchased the iconic, five bedroom, 92 acre property in the Noosa hinterland, ‘Cintamani’, which was former world number one tennis star Thomas Muster’s previous home.

“The beauty and accessibility of Noosa is what makes it such a desirable location. For many people, owning a home here represents living their dream,” says agent Peter Butt.

For further information, find it on Millionplus.

DESIGN YOUR OWN OSHEN PENTHOUSE

In a first for Central Queensland, the developer of the $35 million Oshen project in Yeppoon is offering a unique, one-off opportunity for buyers to join forces with the award-winning architect, and principal of DMA Group Architectst, David Millis, to design their own dream penthouse.

Concept Living Properties (CLP), which is behind the innovative 59-apartment project in the heart of Yeppoon, will give the buyer of the last remaining Oshen penthouse the opportunity to incorporate their own layout and design touches with the help of David Millis.

Earlier this year, the first of Oshen’s two spectacular penthouses sold to Rockhampton buyers for $1.985 million.

CLP director Sandy Murdoch said the ‘design your own penthouse’ offering represents an exceptional opportunity for the buyer of Oshen’s last remaining penthouse.

“This is the first time a chance like this has been presented to buyers in Central Queensland. The two Oshen penthouses are among the most impressive residential offerings available in Yeppoon,” says Murdoch.

Interest is mounting on the remaining three-bedroom luxury penthouse, which boasts elevated, uninterrupted north-easterly views with 30 metres of total ocean-frontage, including an 18 metre wide balcony ideal for taking in the magnificent sea views.

The penthouse remains one of the only apartments to feature a unique north-easterly aspect and sits atop one of the highest points in Yeppoon.

Architect David Millis said he will work one-one-on with the penthouse buyer, through everything from the configuration, to the design of the kitchen and living spaces, to create a truly spectacular penthouse residence.

“This is the first time I have been involved in an initiative like this – it’s a fantastic opportunity for a buyer and a very innovative approach,” says Mills.

For further information, find it on Millionplus.

Luxury Living in Brighton

A brand-new home in Brighton, Melbourne, showcases a stunning collaboration of luxurious finishes.

Located only 12km from Melbourne’s CBD, Brighton has long been considered a playground for the wealthy in Melbourne, and encapsulates a family friendly seaside community along with chic cafe’s and boutiques. The affluent suburb is home to the well renowned Brighton Yacht Club, as well as some of the wealthiest people in Melbourne, including Eddie McGuire, Shane Warne, Matthew Lloyd, and Chris Judd.

The property, located in Shandford Avenue, boasts breathtaking views over parkland, Port Phillip Bay, and takes in the West Gate Bridge and the city skyline.

The home has never before been lived in and presents a flawless display of contemporary design. Limestone has been used extensively throughout the home, from the tile floors and terraces, to the impressive ensuites.

It includes a vast master suite with ‘his’ and ‘hers’ fitted walk in robes, palatial ensuite and secluded deck. It features two further bedrooms with fitted robes, another bathroom, a voluminous entry hall, a sun-drenched gallery or study area, open plan entertaining area with a concealed TV mount and gas fireplace, and a galley style kitchen finished with Emporite and stone benchtops and Miele appliances.

A private lift takes you to basement parking for up to four vehicles plus workshop and storeroom. Other appointments include C-Bus automation, reverse cycle air conditioning, full video security, integrated speaker system, and gated access to the beach.

For further information, find it on Millionplus.