Real Estate

billionaire chris morris lists extravagant middle park home poised to notch a record

Written by The ReReport

Billionaire Chris Morris has listed his luxury entertainer at 223 Beaconsfield Pde, Middle Park.

THE palatial pad of a local billionaire has hit the market in Middle Park with record-breaking price hopes.
Rich-lister Chris Morris transformed the waterfront Art Deco apartment block into an extravagant five-bedroom home in 2012.
Now, the no expense spared property at 223 Beaconsfield Pde has been listed with an eye-watering $13.7-$15 million price tag.

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The extravagant five-bedroom home comes with $13.7-$15 million price hopes.

The impending sale will likely make it Middle Park’s priciest pad, and potentially set the benchmark in Port Phillip too.

The opulent house features two marble kitchens, a huge home theatre, a bar and champagne lounge, a home office with breathtaking bay views, a sauna, billiards room and a pool.
Kay & Burton South Yarra partner Michael Armstrong said the home truly had everything.
“We often say that in real estate but this one genuinely does have everything — it even has its own desalination plant for fresh water,” Mr Armstrong said.
“It’s extraordinary and so clever in the design, with spaces for entertaining, spaces to work from and spaces to relax in.”

The property features spectacular vistas over Port Phillip Bay.

One of two oversized marble kitchens.

There are numerous spaces to entertain and relax in.

The impending sale could smash the $11,809,999 million suburb record that was notched in 2015 by the sale of an apartment building at 312 Beaconsfield Pde, according to CoreLogic.
It is also in contention to be the Port Phillip municipality’s priciest property.
But that $12 million benchmark, held since 2014 by 69 St Vincent Place, Albert Park, is also being challenged by an 1850s South Melbourne mansion on the market at 41-42 Howe Cres with $14-$15 million price hopes.
“It stands up on a global scale in the sense it’s on the waterfront, very substantial and luxurious,” Mr Armstrong said.
“I don’t need to put too many superlatives on it, it’s just a really amazing home.”

Big Jet PlaneChris Morris, 70, is estimated to be worth $1.02 billion. Picture: Zak Simmonds

Offers for the property close on November 16.

The luxury entertainer is being sold by Mr Morris, 70, and his wife, Sharron Sills, as they look to downsize due to increased travel commitments.
Mr Morris is estimated to have a net worth of more than $1 billion thanks to his global share registry company Computershare, which he founded with his sister, Penelope Maclagan, in 1978.
He also has a hospitality business, Colonial Leisure Group, which owns a range of pubs, casinos, resorts and restaurants across Australia.
Mr Armstrong said the home was likely to attract a similar profile of buyer, including local business people and internationals.
“We have had a lot of activity straight away from locals who said they have been waiting for the house to come up and thought it never would,” he said.
The property is listed with Kay & Burton South Yarra in conjunction with Cayzer Albert Park. Offers close on November 16.

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