Philip Cornish spends $10.1 million on Sunnyside at Main Ridge

Philip Cornish spends $10.1 million on Sunnyside at Main Ridge
Staff reporterAugust 14, 2018

Sunnyside, a 46-hectare property at Main Ridge, on Victoria's Mornington Peninsula has been sold at private auction for $10,175,000. 

It was sold by Wilson & Hemphill Pty Ltd through Rob Curtain at Peninsula Sotheby's International Realty. 

It was the home of Hemphill's Apple Juices for 100 years with views of rolling hills, Western Port Bay and out to Philip Island.

Around $8 million had been tipped for the 46 hectares with two 1920s houses.

It was a telephone auction that went for over five hours with three bidders.

Two wanted it for lifestyle purposes and the other to expand their current winery business. 

The Australian Financial Review reported records show the buyer was Vodafone Australia founder Philip Cornish. 

The telecommunications investor Philip Cornish recently sold his Toorak home to Kogan.com founder and chief executive Ruslan Kogan.

Editor's Picks

Madeline, Moorabbin apartments approach completion
Safari Group offers low-touch investment proposition in Queenstown’s popular ski fields district
Citimax to continue to elevate Sunshine Coast living with Ascend Kings Beach
Walker Corp get sign off for SOL by Walker in Maroochydore
First look: Surfers Paradise riverfront set for more new apartments