$18 million plus hopes for HMAS penthouse at Port Melbourne

$18 million plus hopes for HMAS penthouse at Port Melbourne
Jonathan ChancellorDecember 7, 2020

Developer Elias Jreissati's bespoke foreshore penthouse at Port Melbourne has returned to the market with a new video marketing campaign.

The listing through Kay & Burton agent Ross Savas also its own website, thepenthousemelbourne.com.

The campaign has been co-ordinated by GoldenEye Media.

Its $18 million plus asking price derives from it being 1,040 square metres over three levels - 18, 19 and 20 - atop the HMAS Lonsdale building (pictured below).

$18 million plus hopes for HMAS penthouse at Port Melbourne

Designed by architect Nonda Katsalidis, the Rouse Street property comes with five bedrooms and five bathrooms, plus a kitchen on each level.

191/85 Rouse Street has bay and city skyline views, perhaps the city's ultimate entertainer's residence with five balconies and two large landscaped rooftop areas 400 square metres in size.

The penthouse includes five bedrooms, seven bathrooms, two kitchens, an internal lift between the three levels, a two-storey 100-square-metre living room, an executive wing, a 1,800-bottle wine cellar and seven carparks.

Title Tattle ranks the $19.36 million sale of the 11th floor, 150 Clarendon Street, East Melbourne, complex as the national record holder, and it was a little higher after inclusions.

It sold in 2008 to a Hong Kong holding company, directed by Margaret Lou, the little-known businesswoman born in Tianjin, China. 

It is the same building where there is currently a seven-bedroom apartment space on the eighth floor (pictured below) on the market with a US$20 million-plus asking price.

$18 million plus hopes for HMAS penthouse at Port Melbourne

The 150 East building offering is set to smash the record price for a Melbourne apartment at its current pricing.

The eighth-storey unit at 150 Clarendon Street, East Melbourne, was listed last month by the Tregonning family.

Measuring nearly 1,000 square metres, the offering is available through Dingle Partners agent Anton Wongtrakun.

It can be used as three separate apartments with their own current entrances, or one large residence.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

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