Australian whiskey guru David Prior lists Melbourne mansion for an eye-watering $50million

Famed Australian entrepreneur David Prior has put his grand Victorian home up for sale in the eye-watering price range of $46-$50million.

Located in the prestigious Melbourne suburb of Toorak, which boasts some of the country’s most expensive real estate, the mansion, built in 1929, features five bedrooms and five bathrooms.

Designed in Mediterranean Georgian Revival style, the amazing two-storey heritage pad last sold in 2014 for $23million reported the Herald Sun.

Prior, who founded the organic yoghurt brand Five:am and currently owns Scotland’s Bladnoch distillery has made numerous upgrades to the magnificent property. 

It features vast sculptured grounds, a tennis court, pool and spa.

David Prior – pictured – who founded the organic yoghurt brand Five:am and currently owns Scotland’s Bladnoch distillery has made up grades to the magnificent property which features vast sculptured grounds, a tennis court, pool and spa

Located in the prestige Melbourne suburb of Toorak, which boasts some of the country’s most expensive real estate, the mansion, built in 1929, features five-bedrooms and five-bathrooms

A gorgeous mix of modern chic and classical style, the home with its white exterior and epic arches is designed to recall a Mediterranean ‘palazzo’. 

Retaining much of its period opulence the mansion, dubbed ‘Karum’, features open fireplaces, coffered ceilings and timber floors.

The expansive open plan layout on the ground floor includes an informal dining area which opens out to a ‘entertainment’ terrace.

The adjoining oversized kitchen, meanwhile, has marble bench tops, and a breakfast bench.

Other highlights include a master bedroom with a marble en suite, walk-in wardrobe and dressing room. 

There’s also multiple living spaces, a formal dining room, a study and classic ‘sitting room’.

According to the report Prior is selling up due to business commitments overseas, and there are high expectations for a promising sale.

Retaining much of its period opulence the mansion, dubbed ‘Karum’, features open fireplaces, coffered ceilings and timber floors Pictured: One of many living areas

Toorak, only 7kms from the CBD, is one of Melbourne’s most famous and richest postcodes.

Last year Crypto entrepreneur E Craven bought a nearby mansion for $80million.

Another grand home on St Georges Road, the neighbourhood’s ‘millionaire’s row’  went under the hammer for $74.5million in 2022.

It comes after Prior purchased the Bladnoch distillery, which was bankrupt and had not produced a whisky in several years, in 2015 after selling his organic yoghurt business, Five:am, for $80million. 

Pictured: The upscale property’s superb kitchen including marble benchtops