PI Global Investments
Real Estate

Melbourne luxury property: Regis Healthcare co-founder offloads Toorak mansion in “stagnant” market


Regis Healthcare co-founder Bryan Dorman has sold his Toorak mansion for an undisclosed figure significantly below its initial $30 million hopes as vendors are being forced to lower expectations to meet the market or pause listings until conditions improve.

The property joined the market in February last year with an initial guide of $28 million to $30 million, later slashed to $19.5 million to $21 million. While the exact sale price will be revealed at settlement, sources declining to be identified said a deal was struck for about $20 million.

Loading…



Source link

Related posts

A simple playbook for beating the biggest player in your market

D.William

The effect of capital gains tax changes on home ownership: Property crash? Unlikely. But if Joe Hockey’s right, watch out Australia

D.William

Rent freeze damage would be limited despite landlord fears, Moody’s concludes – Crain's New York

D.William

Leave a Comment