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.
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.
