Prestige Property: 22 Leyden Avenue, Portsea VIC
An architectural masterstroke is one of the peninsula’s finest homes.
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Portsea has long been the coastal playground of choice for Melbourne’s well-heeled. Here, is one of the private peninsula’s finest.
This stately, 5-bedroom, 4-bathroom, 7-car parking property, of 3047sqm, enjoys an enviable location in the Portsea cul-de-sac overlooking Percy Cerutty oval.
Embracing a Hamptons-inspired, timeless style – every feature and material is of the highest quality, providing the ultimate family compound for multi-generational living.
Designed by Stephen Akehurst, the home is split into two buildings, separated by a central garden and 15-metre pool.
The main residence sees communal spaces, with hardwood flooring underfoot. Here, a chef’s kitchen fitted with a Paul Bocuse oven with butler’s pantry sits alongside a dining and living room, with open fire.
A private parent’s retreat is downstairs, with gas log fire and cellar and bar adding some adult sophistication to the space.
Additionally, a stone terrace runs the length of the building, serving as a spectacular setting for alfresco dining with integrated BBQ, pizza oven and woodfire.
Across the garden sees the second residence, providing three further bedrooms, two, bathrooms, a living space with gas log fireplace and a large lower floor rumpus. Also, here, basement and security parking for multiple vehicles.
However, it’s the gardens – designed by Robert Boden – that steal the show, playing host to a championship sized mod-grass tennis court, established hedges, stone paving and the aforementioned heated, self-cleaning saltwater pool.
The listing is with Rob Curtain (+61 418 310 870) of Peninsula Sotheby’s International, price guide between $15m-$16m. melbournesothebysrealty.com
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
The construction sector is roaring back to life in some Australian states while others languish in the doldrums
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The home building market is on the rebound as building approvals rise, new data reveals.
Information from the Australian Bureau of Statistics shows that the total number of dwellings approved in August was up 7 percent seasonally adjusted, with apartments leading the way.
Private sector house approvals gained 5.8 percent in August while private sector residences excluding houses were up 9.4 percent. This follows on from a decrease of 14.6 percent in July and indicates a solid recovery in the Australian construction sector as the end of the year approaches.
Approvals for total dwellings were strongest in the two largest states, with Victoria recording a rise of 22.2 percent and NSW 12.5 percent. Western Australia also saw a significant rise of 12.3 percent.
In Queensland, the results were less positive for the sector, with total dwelling approvals falling by -26.9 percent. Tasmania also experienced a drop in approvals in August, down -10.1 percent and South Australia -6.9 percent.
Chris Dixon, a partner who led the charge, says he has a ‘very long-term horizon’
Americans now think they need at least $1.25 million for retirement, a 20% increase from a year ago, according to a survey by Northwestern Mutual
