Latest news with #MarcusChiminello
AU Financial Review
04-07-2025
- Business
- AU Financial Review
Toorak wellness house sells with feng shui approval after asking $39m
A contemporary Toorak mansion designed to enhance the health and wellbeing of its inhabitants has sold in an international deal where numbers – including price and settlement dates – had to be approved by the vendor's Hong Kong-based feng shui master. To add another layer of complexity, the four parties involved in the deal were operating in different time zones. The vendors were in Hong Kong, the purchasers in London and one of the listing agents – Marshall White's Marcus Chiminello – was on Italy's Amalfi Coast. His co-listing agent, Sotheby's Rob Curtain, was the only member of the negotiation team in Australia at the time of the deal.
News.com.au
21-05-2025
- Business
- News.com.au
Melbourne businessman Ali Ali's Shrublands mansion in Canterbury gets $6m price cut
Melbourne businessman Ali Ali is making a fourth attempt to sell the Shrublands mansion and estate, after a $6m price cut. A low-key, but successful company director, Mr Ali made headlines when he bought the historic residence at 16 Balwyn Rd, Canterbury, for the then suburb record of $29m in 2021. He's since put it back onto the market in 2022, 2023 and again last year, with a neighbouring property included in the listing for a combined $48.8m. The 6500sq m property with 10 bedrooms and even more bathrooms returned to online listings via Marshall White top-end specialist Marcus Chiminello on Tuesday this week. It is now priced at $31m-$34m — about $6m below what it was listed for in 2023, without the neighbouring address. The 1863-built property is being marketed as one of Australia's finest homes, and is surrounded by manicured gardens, a tennis court, water fountain, a pool set into its own pavilion and a caretaker's apartment. The mansion also has sheltered parking for 10 cars, and a sprawling three-level floorplan with a dizzying array of features. In the basement there is a billiards room, wine cellar, gym and home cinema — with black and white photography from old movies, and a shot of Marilyn Monroe, adorning the exposed brick walls. The ground level hosts formal dining room with its own butler's pantry, living and sitting rooms, a family room, central kitchen with its own walk-in pantry, and a grand dining hall that opens to a heated courtyard and to a further living room with its own commercial kitchen. A home office, and a boardroom wrap up the floor where rooms are adorned with gilt ceiling ornamentation and chandeliers. Upstairs, a there are five bedrooms, most with ensuites or walk-in wardrobes, complemented by a library, another living area, and a balcony. There's also a guest wing with its own lobby, a further two bedrooms to either side of an additional living zone, two more bathrooms and a sauna. And, with two staircases to access it, a further sprawling main suite comes with its own sitting room, living area, dining zone, dressing room, bathroom and a massage room. As the listing puts it: 'very few original mansions of this calibre still exist in Australia'. Mr Chiminello has the home listed for private inspection.
