Stephen Arvanitis, son of Greek Australian aged care mogul Peter Arvanitis, has quietly listed his Toorak mansion for $30 million. The ivy-clad property on Melbourne’s prestigious St Georges Road offers prime renovation or redevelopment potential, following its purchase from the Smorgan family just over a year ago.
Tag: Luxury property
A historic Toorak mansion, Coonac, has sold for over $130 million, potentially breaking Australia’s real estate record. The buyer remains unknown, despite speculation. The sale highlights Melbourne’s booming luxury property market.
Increase in demand for luxury properties and its shift from destinations like Mykonos and Rhodes…