A five-bedroom Portsea clifftop home that cost $2.6 million to build in 2016 has sold above the guide for what local sources said was to a local buyer for $19 million.
The home overlooking Portsea Pier at 3786 Point Nepean Road, was a newer property than many on the prized Victorian clifftop – the holiday home location for many of Australia’s wealthiest people.
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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
