Eureka Tower: Elias Jreissati selling full-floor apartment for $22 million
Property developer Elias Jreissati is seeking $22 million for his spectacular full-floor Eureka Tower apartment.
The Bensons Property Group founder and his wife Colleen are selling the level-82 sky mansion to downsize within Melbourne’s tallest tower.
The 676sq m trophy home’s features include five bedrooms, five bathrooms plus three powder rooms, two kitchens, an executive office, a “sculpture gallery”, a private lift lobby, and floor-to-ceiling windows framing 360-degree views.
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There’s also parking for eight cars, a 1400-bottle wine cellar, “secret jewellery and firearm safes”, and an Italian Kos spa bath in the main bedroom ensuite.
The Jreissatis also own the last remaining shell in the 7 Riverside Quay, Southbank building, on level 85, and have appointed Molecule Studio to fit it out as a two-bedroom home they say will be their “final Melbourne pad”.
Earlier this year, the couple earned $16 million for its other luxury penthouse atop Rouse St’s [email protected] building, shattering Port Melbourne’s residential price record by almost $9 million.
Their daughter Samantha Jreissati — who is Bensons general council and Levantine Hill winery managing director — is also selling her level-73 Eureka Tower apartment for $8 million.
She recently snapped up former Australian Competition and Consumer Commission chairman Graeme Samuel’s luxury Toorak house for an undisclosed price. The Scotsburn Grove property had been on market for $8-$8.4 million.
Mr Jreissati said while his daughter hadn’t sold her half-floor apartment yet, her moving into “a beautiful home in Toorak with a big yard and pool for her growing family” would mean a lot less babysitting in our apartment”.
“We don’t need five bedrooms nor eight bathrooms in the new place, but we do need lots and lots of open space to help us accommodate (our) charity work,” Mr Jreissati said.
“Our new place will be the same size and scale, but just configured differently.”
RT Edgar Albert Park director Gerald Betts has both the Jreissatis’ Eureka Tower listings.
He said Nonda Katsalidis — founding partner of Fender Katsalidis, which designed the landmark building — originally intended to keep the 82nd floor for himself as it was strategically positioned above the services floor. This meant there were no dwellings below it.
“If this was marketed off-the-plan today, it would be offered at closer to $30 million. The value proposition here is strong,” Mr Betts said.
“It has stunning views and the best of fit-outs.”
Mr Betts expected the listing to attract both local and international interest. This had been the case for Ms Jreissati’s level 73 pad, which had notably been inspected by expats looking to return to Australia from turbulent Hong Kong.
The listing comes hot on the heels of luxury home developer Derek Wong listing his Royal Domain Tower penthouse on St Kilda Rd, with $15.5-$16.5 million price hopes.
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