Wealthy property development family the Jreissati are making moves in the Eureka tower.
Levantine Hill winery managing director, and daughter of developer Elias Jreissati, Samantha Jreissati has sold her ritzy penthouse for an undisclosed sum beneath its $8m-$8.8m range.
Her father’s full-floor penthouse on level 82 is still for sale with a massive $25m price tag — $3m more than when it was first listed in 2019.
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Ms Jreissati also first listed her huge four-bedroom suite at 7301/7 Riverside Quay in Southbank in 2019 with an $8.8m asking price.
After failing to sell, she rented out the 300sq m pad throughout 2021 for a whopping $5000 per week.
Ms Jreissati, who is also the general council of her father’s business, Bensons Property Group, relisted the glamorous home this year with an $8m-$8.8m price guide.
RT Edgar Albert Park director Gerald Betts, who also has Mr Jreissati’s listing, would not comment on the sale sum but said Ms Jreissati was “happy with the price.”
“She didn’t quite get what she wanted but is happy to move on … she doesn’t need it anymore,” Mr Betts said.
The sale comes as Ms Jreissati moved into her new digs in Toorak with her family — a luxe home she bought off former Australian Competition and Consumer chairman Graeme Samuel for about $8m, also in 2019.
Ms Jreissati paid $4.75m for the Eureka Tower pad in 2018, but completed extensive renovations over the years such as the installation of a swish new kitchen.
Her father and wife Colleen are still trying to offload their 676sq m penthouse after plans to downsize to level 85 — the only remaining shell in the building.
Mr Betts said he “always had people looking” at the trophy home, which offered panoramic views of the city skyline through floor-to-ceiling windows.
It also boasts five bedrooms, three powder rooms, two kitchens and a private lift lobby.
“It’s that sort of premium property,” Mr Betts added.
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emily.holgate@news.com.au
Originally published as Wealthy Jreissati family make moves in Eureka tower as daughter sells half-floor suite
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