Medical cannabis consultant Con Tangalakis buys at Portsea
Management consultant Chris Livitsanis has sold his Portsea home, without water views, for almost $6 million.
The architect-designed home was built after he bought the vacant building block in 2015 for $900,000.
It is understood to have sold to pharmaceutical and medical cannabis consultant Con Tangalakis.
The home was designed by architect Dominic Piccolo as a five-bedroom, six-bathroom house.
It came with an initial $6.2 million to $6.4 million price guide through Liz Jensen at Kay & Burton.
The Australian Financial Review dubbed Livitsanis a "house flipper".
Livitsanis's prior's weekender Dreamweaver, the Portsea back beach offering that fetched $3.5 million having been passed in at 2014 auction on a $3.5 million vendor bid.
It had been on and off the market over the past two years with an asking price of $3.5 million.
The two-storey Cheviot Road home with gas and solar-heated lap pool and spa plus championship Modgrass tennis court was sold to Arthur and Effie Charlaftis.
He is the former REA Group chief operating officer.