Entrepreneur splashes near $100m on Toorak house, Portsea beach house

Tech entrepreneur Grant Rule and his family have splashed close to $100 million on a Portsea beach house and a Toorak home.

The going rate for sought-after boat sheds in the area is in the ballpark of $1.2 million to $1.3 million, while moorings can cost about $50,000.Sellers Nick and Camilla Speer bought the house in March 2020 for $13.48 million and completed a cosmetic renovation but have since moved to Sydney, where Nick is head of Affinity Equity Partners in Australia and New Zealand. Camilla runs the luxury travel consultancy, Carte Blanche Travel, and is part of Melbourne’s property developer Deague family.

Blair House, on coveted boulevard St Georges Road, is a Georgian Revivle home on an oversized block of 7800 square metres with tennis court, separate guest accommodation and expansive lawns. The agent handling that deal was Marshall White’s Marcus Chiminello.Melbourne’s house price record was set on the same street by cryptocurrency casino Stake.com co-founder Ed Craven for an $80 million knockdown rebuild.

Source: News Formal (newsformal.com)

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