Inside Heloise Pratt\u2019s Toorak compound amid spring surge<\/a><\/p>\n Channel 9 presenter Tom Steinfort sells Melbourne home<\/a><\/p>\n He and his wife purchased the Toorak listing from ex-Essendon president Paul Little and his wife, University of Melbourne chancellor Jane Hansen.<\/p>\n At the time, reports pegged the sale as being worth $115m to $150m.<\/p>\n However, industry sources today confirmed Coonac actually sold for $124m, while title documents for the home have Ms Bastas\u2019 name of them.<\/p>\n Kay & Burton\u2019s Ross Savas and Gerald Delany negotiated the sale but declined to comment.<\/p>\n The eye-watering sum paid for Coonac has toppled Melbourne\u2019s existing $80.88m house price benchmark, set by tech boss Ed Craven when he bought a Toorak mansion in 2022.<\/p>\n Mr and Ms Bastas have also snapped up a neighbouring property to Coonac, an apartment block, for $12.1m.<\/p>\n Combined, their total transaction figure for that site and Coonac add up to an eye-watering $136.1m.<\/p>\n In February, documents lodged with Stonnington Council revealed that the Bastas are planning a $38.5m makeover for Coonac including a 10-car underground garage, staff quarters, a wine cellar, billiards room, salon and wellness sanctuary.<\/p>\n Mr Little and Ms Hanson purchased the Coonac estate for $14.5m, in 2002.<\/p>\n Morrell and Koren buyer\u2019s, Matthew Cleverdon, said there was \u201cstill a lot of hesitation above $4m\u201d when it came to the top end of Melbourne\u2019s property market.<\/p>\n \u201cBut there\u2019s some opportunities that are tempting,\u201d he added.<\/p>\n Sign up to the Herald Sun Weekly Real Estate Update. Click here<\/a> to get the latest Victorian property market news delivered direct to your inbox.<\/p>\n MORE: Award-winning auctioneer\u2019s urgent advice for selling in Melbourne<\/a><\/p>\n Goulburn Valley growers team up to sell massive orchard region<\/a><\/p>\n Adrian Portelli teases Tarneit LMCT+ petrol station expansion<\/a><\/p>\n Originally published as Pharma boss sets new $124m Melbourne house price record<\/a><\/p>\n<\/p>\n