Brighton Waterfront: Poker Player’s $ 30 million+ Mansion Buy Unveiled – Realestate.com.au

Brighton Waterfront: Poker Player’s $ 30 million+ Mansion Buy Unveiled – Realestate.com.au

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Julius Colman and wife Pamela are the buyers of a beautiful waterfront Brighton House. Colman Image of the Elwood College website.


The Brighton rumor mill is in overdrive after a real estate deal with more than $ 30 million with a philanthropic poker player, wanted to storm and almost 60 meters from the waterfront of the suburb.

A vast, more than 3800 m² address in the Voorstad Elite Bayside has sold two years of sales efforts after a marathon.

And with the buyer who already owns another in similar size on the water, two doors down, the local population and insiders from the industry wonder if there is a chance to collect a combined 1.14ha along the waterfront of the high-end suburb.

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The recently sold house was noted on behalf of the family of deceased developer Bruce Terry and his wife Judith, looking for no less than $ 50 million, since 2023.

Records show that it now has a reservation in the name of Pamela Colman, wife of lawyer, MCS ownership developer, philanthropist and poker player Julius.

The couple already owns another house on the water, a few doors downwards, so that the locals and market districts wonder whether the owner of the real estate between the two addresses has been approached or will be approached.

Frame agents Kay & Burton’s Ross Savas and Alex Schiavo refused to comment on the sale, or to confirm a price, although it was recently mentioned with an asking price of $ 39.9 million- $ 41.5 million before they were removed from online portals.

July 10, 2003: Property syndicator Julius Colman at MCS Properties Office in Collins Street, Melbourne 10/07/03. Pic Michael Potter.f/L

Property Syndicator Julius Colman at MCS Properties Office in Collins ST, Melbourne, 2003.


16 Moule Ave, Brighton - For Herald Sun Real Estate

The impressive home and one of the big trees on it. Several is supposed to have fallen during recent storms.


Brighton insiders, however, believe that the deal would have been less than $ 40 million and may be closer to $ 30 million – although they are still probably setting a record.

The same insiders noted that storm activity had fell a few large trees on the block a few months ago, so that the plans for the site for the site may have been offered benefits of which it was expected to have a renovation of millions of dollars after it was sold.

Sales records show that the current top price of Brighton was determined by a waterfront SeaCombe Grove Mansion, sold by the Late 7-Eleven Australia Family owner Beverley Barlow, for $ 31.6 million in 2022.

Morrell and Koren -buyer -agent David Morrell said after the first ambitions, he believed that a more “sensible” price was paid for the newly sold house -although had no exact figure.

Morrell, however, said that if the buyers had not yet concluded an agreement with the house between the two mansions – collecting the set can now be difficult.

16 Moule Ave, Brighton - For Herald Sun Real Estate

The newest purchase of the Colman brings them control over a long -term piece of the waterfront of Brighton.


16 Moule Ave, Brighton - For Herald Sun Real Estate

The vast building also has extensive gardens on the side of the non-water front.


16 Moule Ave, Brighton - For Herald Sun Real Estate

The block is large enough to organize a tennis court comfortably.


Combined, the two properties that are now owned by the Colmans would now overstrain more than 7000 m², and because of the shape of the blocks, she now means almost all waterfront between the two addresses. An overview of Google Maps brings the bay to the ownership line almost 60 meters long.

If they are able to add the third home, it would be 1.13 ha at the top, making it one of the largest residential holdings in Brighton – and probably the largest with water façade.

It is not known whether that is the intention of the Colman family.

But such a Gambit can rely on Mr. Colman, who, in addition to working as a real estate developer, has played Poker on the international circuit.

He reportedly tipped his profits in the charity institution of Colman Foundation, which supports the training of disadvantaged children in Melbourne and Victoria.

16 Moule Ave, Brighton - For Herald Sun Real Estate

The house is delivered behind the imposition of gates, common in the most expensive bags of Brighton.


28/9/2001. Julius Colman and Rex Hunt at the Am Grand Final Breakfast in The Hilton.

Julius Colman and Rex Hunt during a grand last breakfast in the Hilton in 2001.


It is a reason he was passionate about after he had moved from Poland to Melbourne as a four -year -old refugee after the Second World War.

His philanthropic efforts are recognized with an order of Australia medal.

Mr. Morrell said that the sale of Brighton this winter was one of the relatively few remarkable transactions, with the upper end of Melbourne “the slowest I have seen it”.

Although he does not exclude an increase in more impressive homes that came on the market in October and November, he said that he did not expect much to reach the market between now and September – largely because of the global trading tensions and wars that are concerned about the financial stability needed to support such a deal.


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