Namarong, a period mansion dating back to 1868, was bought by Melbourne theatre director Michael Kantor and his wife Sylvia for $9 million in 2009.
Namarong, a renowned Armadale mansion owned by Melbourne theatre director Michael Kantor – nephew of media baron Rupert Murdoch – and his wife, Silvia Kantor, has been listed for sale with price expectations of between $22 million and $24 million.
Mr Menzies sold Namarong to the Kantors in 2009 for a heavily discounted $9 million . At the time the buyer was incorrectly identified as Ian Murdoch, who was then the Kantors’ financial adviser.Michael Kantor, whose mother Anne is Mr Murdoch’s sister, has forged a lengthy career in Melbourne’s contemporary theatre scene, including as artistic director of the Malthouse Theatre from 2005 to 2010.
“New wealth created from the technology sector has come to the fore in the Melbourne prestige housing market,” Mr Gibson toldEd Craven, the 26-year-old co-founder of one of the world’s biggest online cryptocurrency casinosArmadale borders Toorak and is known for its period mansions and tree-lined streets. It is also home to a number of top private schools and an upmarket retail strip.
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