Melbourne To Hold 1000 Auctions This Weekend
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Melbourne To Hold 1000 Auctions This Weekend

The city’s first super Saturday of 2021 gets the go-ahead.

By Terry Christodoulou
Thu, Feb 18, 2021 12:56amGrey Clock < 1 min

2020 was a tumultuous year for Melbourne real estate agents and with a snap five-day lockdown which ran from midnight February 12 until midnight Wednesday February 17, 2021 didn’t begin much better.

Melbourne’s first ‘Super Saturday’ of 2021 will now get underway weekend with the lockdown and restrictions to end on Wednesday night.

It comes with the city due to hold an incredible 1004 auctions this week ending Sunday, February 21. A significant jump from last week’s sales which saw 299 homes sold with a clearance rate of 91 per cent – this, despite the stage four lockdown measures.

This weekend, on-site inspections and auctions will be allowed to resume – as long as social distancing is adhered to and there is a one person per 2sqm if electronic record keeping is in use. Without electronic record keeping, a limit of one person per 4sqm applies.



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Jeff Bezos’s Beverly Hills Neighbour Puts Sleek Mansion up for Sale

The nearly 10,000-square-foot home stands right at the entrance to the Amazon billionaire’s grand, $165 million estate.

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A home that’s right at the entrance to Jeff Bezos’s Beverly HIlls estate, which the billionaire purchased for $165 million in 2020, is now on the market asking $19.8 million.

Shaded by mature olive trees, the three-story modern mansion on Angelo Drive spans nearly 10,000 square feet, and includes five bedrooms, a bar and lounge, a home cinema, a pool with floating benches, and a 15-car garage.

The modern home centers around a striking wood staircase that extends through all three floors, creating an eye-shaped spiral.

Other design choices include a full-height black marble fireplace, herringbone wood flooring, grayscale marble backsplashes in the kitchen and bathroom, banks of floor-to-ceiling windows and a seating area in the middle of the pool.

There is also an outdoor kitchen and eating area poolside, and a living space with sliding doors that open directly onto the pool deck, for indoor/outdoor living.

The home was built in 2021 and designed by Gabbay Architects for the owner, who purchased the underlying property for $4.1 million in 2015, according to property records accessed through PropertyShark.

The seller, who runs a Beverly Hills-based plastic surgery practice, could not immediately be reached for comment.

The Benedict Canyon house came to market Friday with Tomer Fridman of Christie’s International Real Estate. He could not immediately be reached for comment.

The Bezos estate is also known as the Warner Estate, named after its first owner, Hollywood mogul Jack Warner of the Warner Bros.

After Warner, the 9-acre estate was owned by music executive and film producer David Geffen, followed by Bezos. The property includes a palatial Gregorian Revival mansion built in 1939 and designed by architect Florence Yoch to befit the status of one of the most powerful men in Hollywood.

At $19.8 million, the new listing offers quite a deal compared to other properties neighbouring Bezos. In Florida, the owner of a vacant lot next door to the Amazon founder’s estate on Indian Creek Island is asking $150 million for it.

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