This article is from the Australian Property Journal archive
MELBOURNE’S blue-ribbon suburb of Toorak has seen about $75 million worth of luxury homes change hands in a late-year flurry of activity.
The headline act of the sales is the $32 million acquisition of the 1,824 sqm Chasse Gardee mansion by Mark Healey and partner Sophia Tsiligiannis, from former Philip Morris COO William Webb and philanthropist wife Marijke.
The five-bedroom property at 5 Yar Orrong Road sold within 10 days of its official launch through Black Diamondz’s Monika Tu in conjunction with Marshall White’s Marcus Chiminello, after the vendors decided on figure less than initial $38 million to $40 million asking price. Melbourne is tipped to see a city-wide 1% fall in the values of luxury homes in 2023, according to Knight Frank.
Melbourne-based Healey is the son of late British billionaire Eddie Healey, a developer who built Meadowhall Shopping Centre on a disused Sheffield site and sold the mall for £1.17 billion in 1999.
Mark Healey, who co-founded renewables company Blue Energy, sold his former Toorak home on Lansell Road just over a year ago for $43 million to Chemist Warehouse CEO Sam Gance, while he also offloaded a Mornington Peninsula holiday home in March for $25 million.
Chasse Gardee features a pool, home cinema, gym, wine cellar, and garaging for eight cars.
The Webb family reportedly paid about $20 million for Chasse Gardee in 2015.
In the same suburb, a local family has bought the five-bedroom 1926 Arts and Crafts-style Little Milton on Albany Road for a price within the $27 million to $29 million range.
Publicity Press’s Ross and Gina Copeland, who bought the 2,476 sqm site in 2011, sold the property through Michael Gibson of Forbes Global Properties.
On nearby Kenley Court, a European purchaser bought a six-bedroom house on Kenley Court for $15 million. RT Edgar’s Max Ruttner and Jeremy Fox sold the property.
The sales follow Victory Offices CEO Dan Baxter selling an abandoned Toorak mansion project on Hopetoun Road for $12.25 million, well below the initial asking price of $15 million-plus, as his company sat on the brink of administration.
