A stunning Toorak mansion owned by Arvin Lourdenadin, son of British-Malaysian entrepreneur Sir Ninian Mogan Lourdenadin, is making waves in the Australian real estate market first reported by realestate.com.au. Listed at a price range of $42 million to $46 million, this six-bedroom Spanish-style home is turning heads and drawing interest from potential buyers both locally and internationally1.
The Toorak home, known as ‘Carinya,’ last changed hands in 2013 when it was purchased for $13.75 million. The current owner, Arvin Lourdenadin, is the son of Sir Ninian Mogan Lourdenadin, who runs MBf Holdings and is the 20th richest person in Malaysia according to Forbes’ 2022 Rich List, boasting a personal worth of US$960 million1.
The mansion is nestled in the exclusive Melbourne suburb, occupying a grand 4715sq m parcel. This listing joins a slew of recent $40 million-plus listings, mirroring the high demand for luxury real estate in Melbourne1.
Despite having just hit the market, the property has already garnered significant interest. “There’s interest from interstate buyers; a few from Sydney looking at relocating back to Melbourne as well as some from Asia and the UK as well,” says Andrew Sahhar of Kay & Burton, one of the agents marketing the property1.
This captivating property was designed in the 1920s by the renowned architects Beaver & Purnell. The home’s exterior, with its traditional white facade, belies a contemporary renovation inside, featuring American oak parquetry floors and panelling, Venetian stucco walls and ceilings, ornate fireplaces, bronze-finished balustrades, and Art Nouveau light fittings. The property also boasts of spacious bedrooms with ensuites and a freestanding one-bedroom guesthouse1.
The mansion’s botanic-style grounds, designed by landscape architect John Patrick, add to the allure of the property with terraces, courtyards, a formal rose garden, a birch grove, winding paths, and a fire pit1.
The expressions of interest campaign for the Toorak home will close on June 21 at 3pm1.