Former jewellery store assistant seeks $40m for South Yarra home
It features a striking rooftop terrace with a swimming pool and city views. The kitchen has Miele and Gaggenau appliances and Calacatta marble, while there’s a bar and plenty of indoor/outdoor living space plus a north-facing garden.
Other features include a gym, wine cellar, sauna, steam room, home theatre and garaging for 12 cars. Expressions of interest close March 24.
Elsewhere, celebrity landscape architect Jack Merlo has listed his Toorak home with price hopes of $16 million to $17 million, after paying $13,610,500 for the residence in late 2021.
The four-bedroom home set on 1330 square metres comes with a tennis court and swimming pool – plus manicured, if compact, greenery. It is also listed through Chiminello who would not comment on the buyer.
Merlo is upgrading after earlier this year buying the Myer family’s Grant Avenue home, according to a source with knowledge of the deal who did not wish to be identified, which had been listed with a guide of $20 million to $22 million.
The Myer home is not far from another home being sold by the same family, Cranlana, which is still available for between $96 million and $105 million.
In a flurry of top-end activity, Chiminello has also listed a grand home on Kooyong Road Toorak, asking $38 million to $41 million.
Although the agent was again tight-lipped on the owner’s identity, public records list the owner as Jessica Jie Yu and reveal the 2085-square-metre block last traded for $8.65 million, but the house has since been rebuilt into a Christopher Doyle-designed mansion with six bedrooms and an eight car garage.
Amenities include a tennis court, heated pool, theatre room, marble bar, two Calacatta marble kitchens with Gaggenau appliances, outdoor dining and a home office.
And the same agent listed another Christopher Doyle special on Montrose Court with a guide of $28 million to $30 million, being sold by the founding family of listed aged care company Regis Healthcare.
The Dorman family also have a private investment office and a family foundation, established by Bryan and Christine Dorman and now supported by sons Nicholas and Andrew. Public records show the Toorak home is a deceased estate that was in Christine’s name, and the executors are Andrew and Nicholas.
Bryan was co-founder of Regis with Ian Roberts. Chiminello was tight-lipped on the home’s ownership.
Loading
The stately four-bedroom home features oak flooring, a marble kitchen with a butler’s pantry, a swimming pool and spa, outdoor entertaining with barbecue, wine cellar and a grand study.
Chiminello was upbeat about the outlook for Melbourne’s top-end market.
“There has been already some great signs of activity and I am confident we are going to see a lot of success in the first quarter,” he said.
He thought the interest rate cut would boost confidence, even though many buyers and sellers at this level are less reliant on finance.
“It just gives a sense of the likely trajectory of the cost of money and that breeds confidence in the buying market. It eventually has an overall effect on property, whether it is a $500,000 unit or a $50 million home.”
It follows logistics boss Paul Little’s recent sale of his Toorak house that reset the Victorian record, for a price tipped to be in the ballpark of $135 million.
