Own a piece of paradise - for $18MILLION: Inside the sprawling beachfront mansion that comes with a pool, spa tennis court and boathouse
- A Melbourne home has reportedly sold for $18 million
- The home is just kilomteres from the city's CBD and overlooks Port Phillip Bay
- It features four bedrooms, five bathrooms, double garage, tennis court, swimming pool, boat house and opens onto a stretch of beach
- The price tag could have smashed the previous suburb record by $2.5 million
Have you ever dreamed of owning a beach side mansion just kilometres from the heart of one of Australia's biggest cities?
For the record price of $18 million, the dream has become a reality for a couple who snapped up the palatial home in Brighton, in Melbourne's south east after it was offered for only the second time.
Located in the affluent 'golden mile', the modern looking double-storey mansion was put on the market three years ago by Wallace Cameron, the shareholder of a pathology company, and wife Joan, The Age reported.
It is believed the couple bought the stunning home for $5 million about 15 years ago.
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A palace to call home: The double-story mansion was on the market for three years before reportedly selling for a reported $18 million
What a view: Looking onto Port Phillip Bay, the home is set among other luxury properties in an area known as the Golden Mile
Deluxe: The home's finishings are of the highest quality and it features a range of living areas boasting water views
In a reported off-market deal, the sale is said to have been finalised last week, in a purchase by retired businessman and philanthropist Julius Colman and wife Jadwiga.
While Jonathan Dixon, of selling agent JP Dixon confirmed the sale, JP Dixon executive Chris Bevan said information about the reported sale price and the buyer was not 'overly correct'.
Named Shannagolden, the luxurious home is one of the largest set among the desired stretch of homes known as the Golden Mile.
Set high at 12 Moule Avenue, the 35-year-old four-bedroom and five-bathroom house has undergone recent updates including a marble kitchen and stone-finished bathroom upgrade.
Fancy a match? If the new owners are fans of tennis, they do not have far to go if they are up a game
Room with a view: Waking up in one of the mansion's five-bedrooms might be easier when you're looking out over the idyllic bay
The palatial home's inground swimming pool is dual-heated and features a spa
Spanning 85 square metres and offering an endless list of deluxe features, the home also boasts a dual-heated pool with spa and tennis court overlooking the bay.
With manicured lawns and gardens throughout the estate, it offers a boathouse and the yard sprawls onto its own 3903 square metres of beachfront.
Luxurious finishing inside the home include ornate columns, sunken living areas, contrasting tiled floors and plush carpets.
On the JP Dixon property listing, the home is touted as existing in a 'world of its own at Melbourne's most privileged beachfront address' set at the end of its own tree-lined avenue.
The double-garage manor also features an entertainer's bar, formal and casual living areas and grand formal dining room.
The agents selling the home confirmed it had sold but have not revealed the price it was bought for
Set among other multimillion dollar homes, cricketer Shane Warne bought a nearby four-bedroom home for about $4 million earlier this month
Sought-after: The property is located in the Melbourne suburb of Brighton, about 11km south east of the CBD. The area is one of the wealthiest in the city and features some its most grand homes
The library/study is one of one two rooms in the whole mansion to not have sweeping view of the bay.
If the home did sell for $18 milllion, that is about $2.5 million more than the previous record for a mansion in Brighton. It would have also attracted state government stamp duty of approximately $990,000.
Cricketer Shane Warne bought a four-bedroom home in Kinane Street, Brighton earlier this month for about $4 million.
The purchase followed the sale of his Italianate mansion Kilkerran at 6 William Street, Brighton, for $10.85 million.
What a way to live: The palace-like home is described as a 'world of its own at Melbourne's most privileged beachfront address' by the agents
If the home sold for the reported $18 milllion price tag, that about $2.5 million more than the previous record for a mansion in Brighton
The floor plan illustrates the elaborate nature of the residence
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keldar, Sevenoaks, United Kingdom, 1 hour ago
Since when have you become an estate agent? I've lost count of houses you're trying to sell from your secret payoff, DM.