Portsea’s limestone charmer Dundonald on the market after quiet summer selling season
Portsea’s had its quietest summer selling season in recent memory. Few trophy listings, so even fewer actual sales.
From the officially known data, the highest publicly recorded sale was $2,375,000 on the golf course on Relph Avenue.
So summer’s done and dusted and Kay & Burton Portsea agent Liz Jensen is now onto her Easter listings.
Dundonald, the five-bedroom, three-bathroom 1917 limestone residence opposite Fishermans Beach, has been with the Boykett family since its construction.
Set on 1,724 square metres of level Point Nepean Road lawns, it’s only been recently refreshed.
More than $2.75 million is being sought.
Summer's shining moment was the delayed terms settlement in December of the landmark clifftop Ilyuka to John Higgins, who ran a family paint business in Brunswick before his windfall investment in Polish breweries.Its sale - Victoria's record house sale - was officially recorded at $26 million after much speculation since its December 2010 exchange by the former Computershare director Michele O'Halloran.
The 1930s Spanish Mission house was marketed by Ross Savas and the veteran agent Gerald Delany, who has since departed Kay & Burton, and despite much speculation has yet to take his open for inspection sign boards to any other agency.
Ilyuka, a sprawling house built for American oil tycoon Harry Cornforth in 1929-30, was marketed globally with a campaign that included a five-minute movie set in the mansion. O'Halloran bought the mansion in 1999 for $7.5 million and then secured $1.6 million for the 742-square-metre former vegie patch in a subsequent disposal.
