$6 million sale off the plan at Mt Buller's Kooroora redevelopment
There's whispers of a $6 million sale off the plan at Mt Buller's Kooroora redevelopment, which snares the Australian snow record away from Thredbo.
The Thredbo record dates back pre-global financial crisis to 2005 when entrepreneur Andrew Roberts paid $3.5 million for the five bedroom chalet, Tussock which was bought from the Melbourne architect Andrew Norbury and his wife Jane Parker, one of the founders of fashion label Country Road.
Norbury had designed the home on Crackenback Ridge, one of Thredbo's highest building blocks.
Set in the heart of the village square, Kooroora is a collection of 21 residences. Five are left in the four storey $35 million Grollo Group project through John Castran.
The site is rich in history having been established in 1953 by brothers Ernest and Aurel Forras in 1953. Their mother and sister came out from Hungry to assist; cooking and serving in the chalet’s dinning room. It burnt down in 1961 and was rebuilt and re-opened for the 1962 winter.
Kooroora provided the first post war high-end commercial accommodation on the mountain.
Property mogul Rino Grollo sold his 300 sqm Howqua suite penthouse in the Mount Buller Chalet in 2015 to the Autobarn founder, Garry Dumbrell for $1.7 million.
This article was first published in The Weekend Australian.
