Smiles as dentist secures Royal Domain Tower whole-floor sub-penthouse

Smiles as dentist secures Royal Domain Tower whole-floor sub-penthouse
Jonathan ChancellorApril 23, 2012

Kia Pajouhesh, the Melbourne dentist who established Smile Solutions, has bought the 39th whole-floor Royal Domain Tower sub-penthouse. With 557 square metres space its been sold by Joanne Cookes, the wife of former Venture Stores Group owner Colin Cookes.

More than $8 million is the reputed selling price of the St Kilda Road apartment through Kay & Burton agent Andrew Baines. It has views across the Shrine, city, Botanic Gardens and the bay.

It comes with three bedrooms and a study plus a separate self-contained, one-bedroom apartment along with parking for eight cars. It was reportedly listed at $15 million last October, when it became the first sub-penthouse to come up for four years.

It was bought by the Cookes family in 2007 from Ross and Jennifer Palazzesi for $5.35 million. The Cookes had sold their Toorak mansion to Solomon Lew's daughter, Jacqueline, for about $8.6 million.

The Cookes family had an involvement in the retailing industry for more than nine decades. The 42-level apartment block is substantially higher than most other residential projects on St Kilda Road, which are restricted to about 15 levels.

 

 

 

 

 

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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