Cowdray Park House in West Sussex on sale for ‘bargain’ $41.7million

September 21, 2010 § Leave a comment


It’s a stunning 19th Century British country mansion fit for a super-rich polo-loving owner and James Packer holds a property right next door.

Cowdray Park House in West Sussex, southeast England, has gone on the market for the ‘bargain’ price of $41.7 million.

The locals were expecting the Australian billionaire to make an offer for the 13-bedroom, eight-bathroom home, given the Packer family’s strong ties to the area.

“On the face of it you would think he would snap it up, there’s definitely been a lot of talk around the pubs that he would be very interested,” a resident of nearby Midhurst, who did not want to be named, said.

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Palatial spreads kept empty? That’s rich

September 21, 2010 § Leave a comment

They are Toorak‘s ghost mansions: grand houses that have sat unoccupied behind chained gates and boarded-up windows for years, even decades.

As Melbourne struggles with a housing shortage, some of the city’s finest abodes are home to nothing more than dust and cobwebs.

Take, for example, a French Renaissance-style mansion in St George‘s Road that Asian-based property tycoon David Yu bought in 1991 for $5 million and has left unoccupied since.

The land alone, believed to be one of Toorak’s largest allotments, could now be worth as much as $35 million.

Plans by Mr Yu to build a five-storey apartment block on the site were rejected a decade ago.

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Taking the ‘no’ out of reno

September 6, 2010 § Leave a comment

There can be many benefits to renovating your home, from creating a living environment that you enjoy every day to the increased value of your property.

The extension and renovation of a Victorian villa in Elsternwick, pictured here, was designed by Coy & Yiontis Architects. This is a beautiful example of a highly resolved design that creates exciting, modern and elegant living spaces that are of their time, yet are in harmony with the existing Victorian house.

However, renovating can be daunting and fraught with problems if you don’t take time to plan carefully. Here are some common mistakes made by the uninitiated and suggestions on how to avoid the problems to ensure a successful renovation.

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Mansion on the market for $111 million

May 18, 2010 § Leave a comment


Lovely Melbourne – would you pay $111 million to live in this super-sized residence? This is the asking price for this huge property in Orlando – Florida.

“It’s a replica based on the royal palace of Louis XIV of the 17th Century,” says Lorraine Barrett of real estate agent Coldwell Banker. “Without a doubt, this is the largest single family home built in America,” said Ms Barrett, who in charge of selling the 13 bedroom, 23 bathroom masterpiece-in-the-making.

Would you swap your Docklands apartment for this one? We’re not so sure!!!

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