TOORAK GEM IN THE CROWN OF HAWTHORN

Fresh off the sale of his Mansion in Kooyong Road, Toorak, Mark Stevens non-executive director of Jeans West is now offering a small collection of property gems for sale positioned high on the hill in the heart of Hawthorn.

In his signature style, Mark has developed 6 opulent apartments designed by well renowned Architect Christopher Doyle. These apartments exceed the expectations of even the most discerning Toorak buyer.

The entrance is via a gracious New York styled lobby complete with paneled walls, Marie Antoinette parquetry flooring and hand forged wrought iron and glass door. The apartments themselves are classically designed and constructed to exacting standards with meticulous attention to detail.

Set in beautiful tree lined Manningtree Road – you will find the very best in apartment living with views over the Hawthorn treetops to the city of Melbourne.

For further details contact agent Ross Savas at Kay & Burton on 0418 322 994 or find it on www.millionplus.com.au

WHAT GLOBAL FINANCIAL CRISIS?
Melbourne is back in the saddle again.

Melbourne's back in the saddle again. For all the fuss about property doom and gloom, there seems to be a re-think on exactly how battered and bruised Australia will actually get during this Global Financial Crisis. With years of property prices edging higher and higher, we saw the apex of the boom hit in November 2007 and bottoming out in March 2009. Since then, it has made a steady incline with ever-increasing bouts of boom-time bliss.

Melbourne house prices in particular have proven to butt recent trends, seemingly glossing over the times many wish to forget, giving a new perspective on how Australia's states are progressing.

Last weekend 32 Grange Road, Toorak sold for $4,116,000, a whopping $500 thousand over its reserve. Even a house in Kew sold for $4.8million this month along with other properties reaching their desired $4million price tag in the inner east such as 12 Como Avenue, South Yarra and 22 Stonnington Place, Toorak.

Brighton and Armadale seemed to favor the $2-$3million dollar mark keeping it firmly in the ‘family friendly' range of prestige housing affordability. Richmond and Hawthorn East each reported healthy sales of $100 thousand over the asking price.

Whether it is low interest rates or competitive bargain seekers, the market is demonstrating that no matter how many analysts analyse, the world evolves in its own astonishing way.

ELLE MACPHERSON RUMOURED TO
RETURN TO AUSTRALIA

Super model Elle Macpherson has put her Notting Hill, London, house on the market for £7.5 million ($AU15.5 million) after adjusting the sale price from £9.5 million earlier this year in a bid to return to her roots.

Macpherson originally bought the property in November 2006 after her break-up with multi-millionaire and father to her two children, Arpad Busson, who is now engaged to actress Uma Thurman.

The 7 story, Grade II-listed Victorian house was build in the 1950's and has been meticulously restored and updated to include a huge contemporary kitchen with stunning formal living and dining areas, 6 bedrooms, 5 bathrooms, cinema, gym, wine cellar, library, study and drawing room.

Be sure to check in on Rich Pickings and follow us on Twitter for the latest on Elle's homecoming in upcoming weeks!

LIVE IN YOUR PIECE
OF AWARD WINNING
WINE COUNTRY!

Nestled in the Gateway to the Yarra Valley and just 5 minutes from Eltham sits world class, award winning Evelyn County Estate.

Established in 1995, the Estate's 42 acres stretches out across a picturesque valley and includes a 65 seat restaurant which received the Australian Institute of Architects ‘Best New Commercial' award in 2002 which promotes regional wine, food and art. It also features 18 acres of grapevines producing multi award winning wines including Sauvignon Blanc, Chardonnay, Merlot Rose, Pinot Noir, Tempranillo and Cabernet Sauvignon. All of which are sustained by a natural spring.

"A unique opportunity to secure a wonderful lifestyle property with the benefit of income in a premier location at the Gateway to the Yarra Valley and just 40 minutes to the CBD"
says Peter Kleeman

Accompanying this, the property also offers two residential craftsman built mud brick cottages. The first boasting 3 bedrooms, open fireplace, exposed wharf timbers, handmade wall tiles and French Provincial kitchen with stainless steel appliances. The second has 4 bedrooms, 3 bathrooms, hydronic heating, open fireplace and music room. Both dwellings are privy to the estates swimming pool with separate spa and north south facing tennis court completes the package.

For sale through Morris Kleeman, contact Lisa Walchhuetter on 0428 281 169 for further information or find it on www.millionplus.com.au