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Register, Join the conversation, you are commenting as Logout. It’s design has been likened to the Greek parliament and the Palace of Versailles, but the soaring colonnade facade bears closest resemblance to the Vanderbilt mansion known as “Marble House” in Newport, Rhode Island, in the United States. The new mansion at 39 St Georges Road in Toorak, belonging to property developer Harry Stamoulis, is rumoured to have cost $70 million, including land.

The exterior is modeled after the Gilded Age mansion, Marble House, built by the Vanderbilt family in the 1890’s in Newport, RI. Australian businessman/property developer Harry Stamoulis is building a lavish mega mansion on St. Georges Road in Toorak, Victoria, Australia. A home 12 times the size of the average Melbourne house has been built in Toorak. Slated to be completed sometime this year, the roughly 34,000 square foot mega mansion will include five bedrooms, a ballroom, home theater, swimming pool and a tennis court. He could not be reached for comment on the St Georges Rd property. The St Georges Rd monolith, built on the former Baillieu family estate, looks set to test the nation’s benchmarks for size, price and opulence. “The high net-worth people have all got huge houses, but nothing has ever been put to market,” Mr Morrell said. Australian businessman/property developer Harry Stamoulis is building a lavish mega mansion on St. Georges Road in Toorak, Victoria, Australia. Cabinetry in the kitchen alone is said to have cost $2 million. Sorry we couldn't find a match for that, please try again, Join the conversation, you are commenting as, - - - - - - - - - - - - - - - - - - - - - - - -, Biden nears victory but Trump wants recount, Virus finally eradicated from aged care sector, The one restriction Dan says he’ll be a ‘holdout’ on, Buckenara: What Stephenson suitors should offer Pies. BRW estimates the Stamoulis … Invalid postcode. BRW estimates the Stamoulis family’s wealth to be $540 million. Property experts speculate that the deep foundations of the Besen bolthole accommodate a subterranean art gallery. Stamoulis is wrapping up construction on this home, which is reportedly costing between $54-$70M and is said to be Australia's most expensive home. A PRIVATE palace that dwarfs even its ritziest Toorak neighbours appears to be nearing completion after a three-year, multimillion-dollar construction marathon by an army of builders. You can find out more about our policy and your choices, including how to opt-out This is also known as Online Behavioural Advertising.

To join the conversation, please log in. Buyer’s agent David Morrell said it was difficult to put a price on Melbourne’s best trophy homes, as comparable properties never came up for sale. THE CHURCH CONVERSION COULD BE THE ANSWER TO YOUR PRAYERS. Harry has a net worth of approximately $459 million. Residents in surrounding streets say they are pleased construction is nearing an end, with three years of building sometimes taking its toll. This is where they want to continue their lives after leaving the UK. Your California Privacy Rights Melbourne’s current house price record held by the Stonington Mansion in Malvern East, sold for north of $50 million earlier this year.

The family’s wealth originated with the Gold Medal soft drink empire, founded by Spiros Stamoulis. Reviews are most valuable when they are original and unbiased.

“The land today is probably worth another $10 million than what he paid for it,” Mr Morley said.

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Property tycoon Harry Stamoulis paid $24 million to secure the blue-chip land in 2010 and the mega mansion’s epic build is rumoured to have added up to $40 million more to his bill. In 2013 Harry Stamoulis sold his luxury penthouse in the Royal Domain Tower on St Kilda Road to retail magnate Solomon Lew for $13.3 million. Property tycoon Harry Stamoulis paid $24 million to secure the blue-chip land in 2010 and the mega mansion’s epic build is rumoured to have added up to $40 million more to his bill. In a week where housing affordability has been on everyone’s lips, the Herald Sun can reveal the house is Australia’s most expensive build and when finished will be one of the nation’s most luxurious homes. Harry has a net worth of approximately $459 million. In Meghan's former lifestyle blog The Tig, she affirmed that meditation became "the quietude that rocked my world". The celestine stone is believed to be "best used for pursuing spiritual strength" and "gaining understanding and promoting inner peace". It was a good place for them to be upon their arrival in the US to be close to Meghan’s mom [who lives in LA].”.

Mr Stamoulis runs Stamoulis Property Group and was a shareholder in the Melbourne Victory football club until he sold his stake late last year.

“We’ve had no choice but to accept it, but we’re pretty pleased it’s almost over,” one said. Rodney Morley, now of Rodney Morley Persichetti, handled the off-market sale to Mr Stamoulis a year later, when the price shot up to $24 million. He bought the land for $24 million and is spending another $30 million to construct the home; making it worth a whopping $54 million! Harry Stamoulis is the founder of Gold Medal Soft Drink and runs his family's Stamoulis Property Group, which was founded by his father. Don't have an account? Your Ad Choices, How To Calculate Real National Income Per Capita, Return On Investment In The Realm Of Quality Denotes The Ratio Of, America: Imagine The World Without Her Summary. The Herald Sun revealed in March billionaire John Gandel was splurging on a lavish estate on the Mornington Peninsula. The Mediterranean-style gardens are taking shape — including a rectangular pond, tennis court, shaded pergolas and ornate plantings. Amid much speculation that the couple would buy a place in Los Angeles, another source said this week: “Harry and Meghan have been quietly living in their own home in Santa Barbara since early July.

He estimated the property, with its massive new dwelling, would fetch more than $60 million if it came up for sale in the current market, but said it was unlikely to change hands again for decades. There is a gym, indoor pool and rear hospitality quarters while the ballroom is believed to have eight metre-high ceilings, modelled on New York’s plush Plaza Hotel. A Greek theme begins at the front doors with an intricate sculpture of entwined people and horses and this is believed to continue inside the house with handmade cornices. Property developer Harry Stamoulis famously paid $24 million in 2010 for more than 6000sq m of land at 39 St Georges Rd, Toorak. From the air, the industrial-sized heating and cooling system can be seen as well as elaborate solar panelling, worth upwards of $500,000. We post all the latest million dollar homes & mansions to hit the market from all over the world.

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