Blair House Melbourne to be the most expensive home sold in Victoria at $70m: Radovan Basil Nanut

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It’s far from a humble home, but you won’t believe the eyewatering cost of this sprawling Australian estate that boasts breathtaking decor, spectacular gardens and TEN luxurious bedrooms

  • A sprawling ten-bedroom estate is set to break a state record with its multi-million dollar asking price
  • Blair House sits on a huge 7,800sqm block in the affluent inner-city suburb of Toorak in Melbourne
  • The property is on the market for the first time since the 1970s with an asking price of $65million-$70million
  • It features a stunning Georgian-style main residence, tennis court, guest house and stunning gardens 
  • The home is being sold by the family of late engineer Radovan Basil Nanut, who died in 2004 

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An incredible suburban estate is set to smash a real estate record for the state of Victoria with its whopping multi-million dollar price tag.  

The Georgian mansion, named Blair House, sits on a huge 7,800sqm estate in the affluent Melbourne suburb of Toorak and is on the market for the first time since the seventies with an asking price of $65million-$70million. 

If sold for the asking price the 10-bedroom home will be the highest reported residential sale in the state of Victoria shattering the previous record set when the Stonington Mansion in inner-city suburb of Malvern sold in 2018 for $52.5million.

A Georgian estate in the middle of the affluent Melbourne suburb of Toorak is pipped to become the most expensive residential property ever sold in Victoria

The 1939-built home sits on a huge 7,800sqm estate and is on the market for the first time since the seventies with an asking price of $65million-$70million.

The 1939-built home sits on a huge 7,800sqm estate and is on the market for the first time since the seventies with an asking price of $65million-$70million.

Surrounded by towering walls, the spectacular home is hidden from street view so the sale has offered a rarely-seen glimpse into its opulent interior and manicured gardens. 

Buyer’s advocate David Morrell told realestate.com.au that entering the property was like ‘driving onto an English estate’ and claims the new owners would need to fork out an additional $15million to renovate the 1939-built home. 

‘You’ve got to have a very big appetite to want to buy that particular property,’ he said and believes there are ‘two or three’ interested buyers.

‘You’d get no change out of three years (renovating it) … so it’s somebody who wants to run up a big flag pole and say ‘look at me’.’

Surrounded by high walls, the spectacular home is hidden from street view so the sale has offered a rarely-seen glimpse into its opulent interior and manicured gardens

Surrounded by high walls, the spectacular home is hidden from street view so the sale has offered a rarely-seen glimpse into its opulent interior and manicured gardens

The sprawling grounds feature a tennis court, huge guest home, a glass green house and lovingly maintained gardens of trimmed hedges and lush trees that are a passion of Marguerite Basil Nanut, the wife of late engineer Radovan Basil Nanut, who has lived in the home for the past 30 years. 

Little is known about the interior of the ten-bedroom, seven-bathroom home but the listing photographs show an understated yet luxurious design with charming period details. 

It features stately fireplaces, quaint French doors and windows, original herringbone timber flooring and a light-filled sun room looking out onto the leafy gardens. 

There is grand formal dining room with a fireplace, reception hall, large terrace shaded by a huge oak tree, library area, and a palatial main bedroom with a dressing room and ensuite.  

Little is known about the interior of the ten-bedroom, seven-bathroom home but the listing photographs show an understated yet luxurious design with charming period details

Little is known about the interior of the ten-bedroom, seven-bathroom home but the listing photographs show an understated yet luxurious design with charming period details

According to the Herald Sun, the property was at the centre of a family feud after it was left to wife, Marguerite, two daughters and son of late engineer Mr Nanut after his death in 2004. 

The property was valued at $20million in 2005 when Mr Nanut’s will was written up but court document obtained by the publication in 2021 saw his son, James, estimate the value at $60million-$70million.   

James launched a legal battle against his mother and two sisters, who still live in the main house, in a bid to sell the family estate. 

Blaire House is being sold via expressions of interest closing on Monday, August 8.  

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