Blair House Melbourne becomes the most expensive house to sell in Victoria for $70 million: Radovan Basil Nanut

It’s far from a humble home, but you won’t believe the tantalizing cost of this sprawling Australian estate that offers stunning decor, spectacular gardens and TEN luxurious bedrooms.

  • The sprawling ten-bedroom estate will break state records at a million-dollar asking price
  • Blair House is located in a 7,800 square meter block in Melbourne’s affluent suburb of Toorak
  • This property is being marketed for the first time since the 1970s with an asking price of $65 million-$70 million
  • This hotel features a stunning Georgian main residence, tennis courts, guest house and stunning garden
  • The house was sold by the family of the late engineer Radovan Basil Nanut, who died in 2004

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The fabulous suburban estate will break real estate records for the state of Victoria with a multi-million dollar price tag.

The Georgian mansion, named Blair House, sits on 7,800 square meters of land in Melbourne’s affluent suburb of Toorak and is on sale for the first time since the seventies for an asking price of $65 million-$70 million.

If sold at asking price, the 10-bedroom home would be the highest reported residential sale in the state of Victoria, breaking the previous record when Stonington Mansion in the innermost suburb of Malvern sold in 2018 for $52.5 million.

A Georgian estate in the midst of Melbourne's affluent suburb, Toorak, became the most expensive property ever sold in Victoria

A Georgian estate in the midst of Melbourne’s affluent suburb, Toorak, became the most expensive residential property ever sold in Victoria

The house, built in 1939, stands on 7,800 square meters of land and is being marketed for the first time since the seventies at an asking price of $65 million-$70 million.

The house, built in 1939, stands on 7,800 square meters of land and is being marketed for the first time since the seventies at an asking price of $65 million-$70 million.

Surrounded by soaring walls, this spectacular house is hidden from street views so this sale offers views of the lavish interior and manicured gardens.

Buying advocate David Morrell told realestate.com.au that entering the property was like ‘driving into a British estate’ and claimed the new owners would need to pay an additional $15 million to renovate the 1939 home.

‘You have to have great appetite to want to buy a particular property,’ he says and believes there are ‘two or three’ interested buyers.

‘You don’t get your money back for three years (renovating it) … so somebody who wants to climb a big flagpole and say ‘look at me’.’

Surrounded by high walls, this spectacular house is hidden from street views so this sale offers views of the luxurious interior and manicured gardens.

Surrounded by high walls, this spectacular house is hidden from street views so this sale offers views of the luxurious interior and manicured gardens.

The expansive grounds have tennis courts, a large guest house, glass greenhouses and a garden of lovingly trimmed hedges and lush trees that are the passion of Marguerite Basil Nanut, wife of the late engineer Radovan Basil Nanut, who has lived in the house. for the last 30 years.

Little is known about the interior of the ten bedroom, seven bathroom home, but the listing photos show an understated yet luxurious design with charming period details.

The hotel features a majestic fireplace, old-fashioned French doors and windows, real herringbone wood floors and a bright sun room overlooking a leafy garden.

There is a magnificent formal dining room with fireplace, a reception hall, a large terrace shaded by a large oak tree, a library area, and a magnificent master bedroom with dressing room and en suite bathroom.

Little is known about the interior of the ten bedroom, seven bathroom home, but the listing photos show an understated yet luxurious design with charming period details.

Little is known about the interior of the ten bedroom, seven bathroom home, but the listing photos show an understated yet luxurious design with charming period details.

According to the Herald Sun, the property became the center of a family dispute after it was handed over to his wife, Marguerite, two daughters and son of the late engineer Mr Nanut following his death in 2004.

The property was worth $20 million in 2005 when Nanut’s will was written but court documents obtained by the publication in 2021 saw his son James estimate its value at $60 million-$70 million.

James launched a legal battle against his mother and two sisters, who still live in the main house, in an attempt to sell the family land.

Blaire House sold through expressions of closing interest on Monday, August 8.

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