South Yarra mansion with rooftop back yard fetches more than $30m

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The epic South Yarra mansion is believed to have sold for more than $30m. Melbourne has notched its biggest sale since April with a more than $30m result for a South Yarra mansion with an extraordinary rooftop bonus back yard. But it’s likely to be close to $10m below the $40m-$43m that was being sought for the property last year. Marcus Chiminello confirmed the sale, but not the price. RELATED: South Yarra: $40m-plus price expectations for swanky pad slashed by millions Chemist Warehouse boss leads billionaire Melb home buys Melbourne’s property winners and losers revealed as A-listers score huge profits It is understood a deal went through last week after the home was initially launched for sale in February last year — with suggestions from industry sources it had gone in the low $30m range. Professional homebuyer for Melbourne’s elite Matthew Cleverdon would not talk about the specific sale, but noted it reflected wider activity and interest emerging for the city’s most luxurious housing markets. “There’s top end buyers who are looking to pounce on opportunity when it presents,” Mr Cleverdon. “But good value must be present.” A rooftop terrace with a pool, sitting areas and its ...

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