An incredible suburban property is set to set a real estate record for the state of Victoria with its incredible multi-million dollar price tag.
The Georgian mansion Blair House sits on a massive 7800 square meter estate in Melbourne’s affluent suburb of Toorak and is on the market for the first time since the 70’s at a price of $65m – $70m.
When sold for the asking price, the 10-bedroom home will be the highest reported home sale in the state of Victoria, breaking the previous record when Stonington Estate in the Malvern suburb was sold for $52.5 million in 2018.
A Georgian property in the middle of Melbourne’s affluent suburb of Toorak has become the most expensive residential home ever sold in Victoria
Built in 1939, the house sits on a massive 7,800-square-foot property and is on the market for the first time since the 1970s for $65 million to $70 million.
Surrounded by soaring walls, the magnificent home is hidden from street view, so the sale provided a rare glimpse into its splendid interior and manicured gardens.
The buyer’s lawyer, David Morrell, said at immobiliare.com.au that entering the property was “like stepping into a British property” and the new owners would have to spend another $15 million renovating the house built in 1939.
“You must have a big appetite to buy a particular property,” he said, and he believes there are “two or three” buyers who are interested.
“You don’t get any changes in (renewal) three years… so someone who wants to hit a big flagpole and say ‘look at me’.”
Surrounded by high walls, the gorgeous home is hidden from street view, so the sale provided a rare glimpse of the lavish interiors and manicured gardens.
The expansive park includes a tennis court, a large guesthouse, a glass conservatory and manicured hedges, and lovingly manicured gardens with lush trees that were the passion of the late engineer Radovan Basil Nanut’s wife, Marguerite Basil Nanut. last 30 years.
Little is known about the interior of the ten-bedroom, seven-bathroom home, but the photos in the listing show a simple yet luxurious design with fascinating period details.
It features sumptuous fireplaces, quirky doors and windows, original herringbone wood floors, and a bright conservatory overlooking lush gardens.
It features a large formal dining room with fireplace, a foyer, a large terrace shaded by a large oak tree, a library and dressing room, and a sumptuous master bedroom with en-suite bathroom.
Little is known about the interior of the ten-bedroom, seven-bathroom home, but the photos in the listing show a simple yet luxurious design with fascinating period details.
According to the Sun reporter, the property was at the center of a family feud after it was bequeathed to his wife, Marguerite, two daughters, and son of the late engineer Nanut, upon his death in 2004.
The estate was valued at $20 million in 2005 when Mr. Nanut’s will was made, but in a court document obtained by publication in 2021, his son James estimated the value at $60 million – $70 million.
James started a legal battle against his mother and two sisters, who still live in the main house, to sell the family property.
Blaire House will be sold on a statement of interest closing Monday, August 8.
Source: Daily Mail
