Prestige Property: 3804/439 Collins Street, Melbourne VIC
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Prestige Property: 3804/439 Collins Street, Melbourne VIC

Lofty living in the heart of Melbourne’s CBD.

By Terry Christodoulou
Fri, Jun 4, 2021 4:15pmGrey Clock 2 min

Spread over two dramatic levels inside Melbourne’s landmark residence, the Collins Arch, comes the luxurious ‘Penthouse 3804’.

Located in the centre of Melbourne’s CBD, the penthouse arrives with 371.5sqm of internal living and a further 113.5sqm located on the external terrace. Throughout the 3-bedroom, 3-bathroom, 4-car garage residence, full-height windows take in the views of Melbourne’s skyline, with the accommodation arranged to maximise the availability of natural light.

With the interiors designed by Woods Bagot, the penthouse sees the use of ambient natural stone, oak flooring underfoot, brushed nickel finishes and custom joinery throughout.

Entering through the lower-level formal entry, complete with private lift, the penthouse extends to a formal living area with the aforementioned north-facing views of Melbourne’s skyline alongside heady swathe of built-in cabinetry and a marble fireplace.

Taking the spiral staircase, which is carved from marbled stone (no-less), sees one arrive at the primary upper-level living.

The residences upper level is split into two distinct pods. Here, the bedrooms encompass the entire eastern wing of level 39. The master suite offers commanding views and direct terrace access alongside further bespoke cabinetry and decadent ensuite. There is a further two bedrooms found here.

Elsewhere, the intelligently zoned living areas features a beautifully appointed kitchen complete with a Cote d’Azure marble used for the splashback and island bench alongside a butler’s pantry.

Marble also adorns the bathrooms throughout the residence while feature lighting is understood to be sourced from local brands, with bathroom feature lights from Articolo and kitchen pendant by Rakumba.

There are perks to being on the top, with the Arch privy to a three-level atrium style rooftop skygarden atop the building – which the penthouse has direct access to.

Further mod-cons within the $1.2 billion build include a 25-metre swimming pool, gym, yoga room, wine cellar, entertaining lounge and terrace (not that you’ll need that), and two private dining or conference rooms.

Located in the heart of the CBD, there is unsurpassable connectivity to the city and its surrounds.

The listing is with Colliers Sam Nathan (+61 4 075 552 922), price guide $7.85m; collinsarch3804.com.au

 



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Judge Blocks Effort to Auction Graceland

Family of Elvis Presley was fighting the attempted sale, alleging fraud

By TALI ARBEL
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A Tennessee judge on Wednesday blocked an allegedly fraudulent attempt to auction off Graceland, the former Memphis home of music legend Elvis Presley and a major tourist destination in the state.

Elvis’s granddaughter, actress Riley Keough , says a company that had planned a Thursday sale was fake and trying to defraud the trust that owns Graceland.

Judge JoeDae Jenkins in Chancery Court in Shelby County, Tenn., granted the injunction to stop the auction, according to a court clerk. The court had granted Keough a temporary restraining order on the sale last week.

The auction was initiated by an entity called Naussany Investments & Private Lending. It had filed a public notice for a foreclosure sale in Tennessee, alleging Lisa Marie Presley , Elvis’s only child, defaulted on a $3.8 million loan it made to her. The group said it now owns Graceland because Presley defaulted on the loan.

Presley, Keough’s mother, controlled the Graceland trust until her death in January 2023 . Keough then took over as trustee.

Lawyers for Keough said Naussany’s loan documents are forgeries, and the firm “appears to be a false entity created for the purpose of defrauding” the trust that owns Graceland, Presley’s heirs or any purchaser of Graceland.

Elvis Presley Enterprises, which manages Graceland, has also said Naussany’s claims were fraudulent. “There will be no foreclosure,” said Elvis Presley Enterprises spokeswoman Alicia Dean . “Graceland will continue to operate as it has for the past 42 years.”

Keough’s lawyer declined to comment.

Naussany Investments and Kurt Naussany, named in the complaint as acting on behalf of the entity, couldn’t be reached for comment. A phone number listed in the complaint didn’t work, and emails sent to associated addresses weren’t answered. The Wall Street Journal couldn’t separately find contact information for a Kurt Naussany. A lawyer for the entity couldn’t be identified.

The Graceland complex in Memphis, which includes an exhibition center and a 450-room hotel, attracts hundreds of thousands of visitors annually.

Elvis bought the property in 1957, when he was 22 and an ascendant star. He died in 1977 at the age of 42 and is buried on the Graceland property. Graceland opened to the public in 1982.

Lisa Marie Presley’s mother, Priscilla Presley , reached a settlement in 2023 with Keough over who would control the trust. The settlement came after Priscilla Presley challenged a 2016 amendment to the trust filed by Lisa Marie Presley that removed her mother as trustee.

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