Big property sales continue in Sydney, Melbourne and Canberra despite lockdowns while the rest of the country powers on with high prices and conversion rates.
Marco Rossi sells Tamaramaâs most expensive hole in the ground
Elsewhere, Anthony Scali scores $11 million in Palm Beach, fund manager Ben Alexander buys for $25 million in Vaucluse and a rock publicist makes a $6 million return.
An artistâs impression of the development application-approved, Wallace E Cunningham-designed residence in Tamarama.Â
Lucy Macken
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Tamaramaâs most expensive hole in the ground has quietly sold, five years after it was first listed with $15 million hopes by Marco Rossi, head of privately held construction group Built, and his partner, Stephanie Stokes.
The couple purchased the Thompson Street property on Sydneyâs coast in 2008 for a then suburb high of $11 million and demolished the house to make way for a development application-approved, Wallace E Cunningham-designed residence that was expected to be the Rossi familyâs forever home.
What lies beneath: Inside the incredible mansion with a NIGHTCLUB underneath the pool - as well as a 1,000 bottle wine cellar and a bedroom that looks like a five-star hotel suite
A mansion in one of Melbourne s ritziest coastal suburbs hides a funky secret beneath the swimming pool
The five-bedroom house in Brighton, 12 kilometres south-east of the CBD, boasts an underground nightclub
It has a 35-seater sofa, cocktail bar, a light-up disco floor and a window that looks into the pool above
Other standout features include a hotel-inspired master bedroom accessible via its own private lift
Also spread across the three-storey house are multiple sunlit living spaces and three lavish marble bathrooms
Belle Property lands in Queensland s most coveted lifestyle destination realestatebusiness.com.au - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realestatebusiness.com.au Daily Mail and Mail on Sunday newspapers.