The family of late Metricon founder Mario Biasin is selling their father and mother’s 49-acre (19.8 hectare) Mornington Peninsula property with a $28 million to $30 million price guide in a market starved of stock and with plenty of cashed-up buyers at the top end.
The 4445 Frankston Flinders Road property in Flinders, for which Mr Biasin and wife Glenda paid $8.65 million in 2006, comes with a council-approved scheme for a new mansion.
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Michael Bleby covers commercial and residential property, with a focus on housing and finance, construction, design & architecture. He also dabbles in the business of sport. Michael is based in Melbourne. Connect with Michael on Twitter. Email Michael at mbleby@afr.com
