Ross Savas is understood to have played a key role in brokering Australia’s most expensive home sale, with a grand Toorak mansion changing hands for a record-breaking $150 million.
The Italianate estate, known as Coonac, was previously owned by Toll Holdings founder Paul Little and University of Melbourne chancellor Jane Hansen.
Situated on over a hectare of prime land, the 20-room residence is one of the last surviving mansions from Toorak’s original Crown allotments offered in the mid-19th century.
While the buyer’s identity remains unknown, Kay & Burton managing director Mr Savas and chairman Gerald Delany are said to have handled the transaction.
The sale surpasses the previous Australian record of $130 million, set in Sydney’s Point Piper in 2022. It also eclipses Melbourne’s highest property sale of $80 million, paid by Stake.com billionaire Ed Craven for a Toorak mansion in 2022.
Source: The Australian
