Shrublands: Canterbury estate for sale with $42-$46 million price tag

A grand Canterbury estate is poised to become one of Victoria’s most expensive homes, with a mammoth sales campaign about to launch.

The sprawling Shrublands, at 16 Balwyn Rd, is about to hit the market with an eye-watering $42-$46 million price guide — just a few million shy of the state record.

Abercromby’s director Jock Langley said the 42-room property on a huge 6500sq m block was “as good as Melbourne gets”.

“We’ve been chatting about listing it for a little while, but not for long to the broader market,” Mr Langley said.

“There have been a lot of recent sales between $20 million and $30 million but there hasn’t been anything of this scale for a long time.”

The vendors, the Williams family, paid $3.6 million for Shrublands and $2 million for the property next door, now included in the estate, nearly 20 years ago.

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Read more at: https://www.news.com.au/finance/real-estate/melbourne-vic/shrublands-canterbury-estate-for-sale-with-4246-million-price-tag/news-story/3674aab737bfc78a1c99d14f4345d466

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