Episode

Bastas Smash Melbourne Mansion Record

Podcast
Australia News Today | 2 Min News | The Daily News Now!
Published
Jun 2, 2026
Duration seconds
110
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Summary

Pharma titan Dennis Bastas and his wife Georgina just shattered Melbourne’s luxury property record with a $124 million purchase of the iconic Coonac mansion in Toorak — a staggering leap from its $14.5 million 2002 price tag. They also snapped up a neighboring apartment block for $12.1 million, bringing their total investment to $136.1 million. Plans are already underway for a $38.5 million renovation, complete with a 10-car garage, staff quarters, wine cellar, billiards room, salon, and wellness sanctuary — turning this into their ultimate dream estate. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/483ebce8a89d0082