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A Beachfront Steel Penthouse in Australia

30 Mar, 2015 | Latest News

This sophisticated Australian steel penthouse with beach, bay and skyline vistas is in the suburb of Port Melbourne, about three miles southwest of Melbourne’s city center. Owners Elias Jreissati, a property developer and winery owner, and his wife Colleen combined two apartments to create the double-story home.

This sophisticated Australian penthouse with beach, bay and skyline vistas is in the suburb of Port Melbourne, about three miles southwest of Melbourne’s city center. Owners Elias Jreissati, a property developer and winery owner, and his wife Colleen combined two apartments to create the double-story home. In 2002, they purchased the apartment on the 18th floor for a little more than 2 million Australian dollars (US$1.6 million at the current exchange rate) and the unit on the 19th floor for A$1.7 million (US$1.3 million). The home includes a roof garden and entertainment area. The couple’s other property, a penthouse in Melbourne’s tallest residential building, Eureka Tower, was a featured House of the Day in January and remains on the market.

View this home and more http://www.wsj.com/articles/house-of-the-day-a-beachfront-penthouse-in-australiaphotos-1427248773