Dennis Bastas buys Victoria’s most expensive home in landmark deal

12 / 05 / 2025

Melbourne healthcare billionaire Dennis Bastas and his wife Georgina have emerged as the buyers of Toorak estate Coonac in what’s set to become Victoria’s first residential sale to exceed $100 million.

According to The Australian Financial Review, the 58-year-old DBG Health CEO adds the historic 1.08-hectare property to a growing portfolio that includes homes in Toorak, South Yarra and Portsea.

Dennis Bastas buys Victoria’s most expensive home in landmark deal — Dennis Bastas. Photo: Julian Kingma.

The grand 20-room mansion was sold by Paul Little and Jane Hansen, with the final price undisclosed until settlement.

According to AFR, buyer’s advocate David Morrell referred to the rare sale as a changing of the guard among Melbourne’s elite homes.

Source: AFR.

KEEP UP TO DATE WITH TGH

Whittlesea Council election voided after ballot fraud scheme uncovered

Costeen Hatzi sends positive message to Nick Kyrgios amid split

From street finds to collectors’ gold: Con Skordilis and the rise of vintage IKEA

Marble fragment discovered in wreck of Lord Elgin’s ship ‘Mentor’

Dr Adrianos Golemis becomes first Greek selected for ESA astronaut training

South Melbourne FC stun Honiara crowd with late equaliser

Sydney Olympic FC calls for unity as governance questions continue ahead of AGM

Away wins for South Melbourne and Heidelberg United in NPL Victoria

Two brothers, one century: The remarkable lives of Paul and Michael Tsolakis

Student literary competition returns to promote Greek language in Australia

From tragedy to triumph: Bill Drakopoulos’ journey to building a Sydney hospitality empire

Greek Australian Writers’ Festival in Sydney returns this April

Artist David Kaneen on his latest exhibition in Greece and ‘feeling accepted and respected’

Sydney to honour Mimis Plessas as tribute concert approaches sell-out

From street finds to collectors’ gold: Con Skordilis and the rise of vintage IKEA

SoulChef Sundays: The soul of the Greek table – two stories, one queen

St Basil’s NSW/ACT partners with Nestlé on new project

Dennis Bastas buys Victoria’s most expensive home in landmark deal

KEEP UP TO DATE WITH TGH

Latest News

Two brothers, one century: The remarkable lives of Paul and Michael Tsolakis

From street finds to collectors’ gold: Con Skordilis and the rise of vintage IKEA

Student literary competition returns to promote Greek language in Australia

Dr Adrianos Golemis becomes first Greek selected for ESA astronaut training

Marble fragment discovered in wreck of Lord Elgin’s ship ‘Mentor’

You May Also Like

‘Unacceptable’: Greek Foreign Minister responds to Turkey’s missile attack threat

Greek table tennis players in Melbourne to help prepare Australia’s Paralympic team

Echoes from the past: Owl skyphos from Athens

Other

© 2024 The Greek Herald. All rights reserved.