Michael Yates

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Beulah International has sold its Fawkner House, South Yarra penthouse for $16 million.
It was a two-level penthouse sold to a local couple.
The Malaysia-backed development is at 146 Toorak Road West.
It initially came with approval for 36 apartments when bought from Michael Yates for $17.5 million in 2016.
But Beulah had architect Rob Mills reconfigure it to just 10 apartments over three levels.
The penthouse was sold to include a unit below.
Six of the now-nine units are now sold with a 2020 completion date.
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The penthouse has seven car parks.
There are a floor-to-ceiling height of five metres.
On launch the pricing of the project started from $4.9 million, with two four-bedroom penthouses priced from $9.7 million plus.
Collectively, the residences range in size from 250 sqm to 400 sqm.
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Michael Yates

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