What does $15 million buy you in Melbourne’s prestige property market these days? Knockout views, a top location and … an empty shell?
A whole floor in the Eureka Tower has been listed for sale, and offers a blank canvas for its new owner to design their dream apartment.
Melbourne’s wealthy Jreissati family once planned to fit out the shell and move in, but like many other people, have refused their plans in light of the COVID-19 pandemic.
Elias and Colleen Jreissati have been spending more time at their Levantine Hill winery in the Yarra Valley, said their agent, RT Edgar Albert Park’s Gerald Betts. Mr Jreissati is the group chairman and founder of developer Bensons Property Group.
They now expect to keep as their city base another apartment they own in Eureka Tower, a pad that is not only complete, but opulent. This was previously listed for sale with price hopes of $25 million, but Betts said it would likely be taken off the market.
Betts said the ideal buyer of the Southbank shell is someone who wants to take up a challenge and he has already had half a dozen inquiries.
“It’s someone who has got money and wants to add their own touch to how it is presented,” he said. “It’s really an opportunity for someone to fit it out to their taste.”
It offers panoramic views and eight secure car spaces, in a building designed by Fender Katsalidis Architects that has resort-style amenities such as a cinema, heated swimming pool, sauna, gym and private outdoor terrace.