New photos have offered a rare glimpse into the new home build that has been declared “the best house in Sydney” (and possibly the best in Australia) – menulog founder Leon Kamenev’s waterfront mansion.
It’s been seven long years since Kamenev bought an amalgamated site in Sydney’s exclusive Eastern Suburbs, consisting of four separate properties, for $80m. But it has been worth the wait.
The Ukrainian refugee, whose net worth is $542m according to The Australian’s Richest 250 list, bought the prime waterfront site in 2016, before lodging plans for a French-style chateau a year later.
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However, those plans were knocked on the head by development authorities and Kamenev, who made around $500m from the sale of his online food delivery app Menulog in 2016, shifted his sights to a more uber contemporary home.
The home has only been recently completed at a build cost in excess of $30m and it is believed Kamenev has moved into the incredible abode.
Given the huge demand for premium homes in Sydney and the rise in prices at the top end of the market since Kamenev bought the amalgamated site, it’s more than conceivable the home could now be worth more than $200 if it went to market.
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Pictures of Kamenev’s pad were released as part of the Master Builders Association NSW awards of 2023.
In the Excellence in State Awards, builder Pimas Gale won Housing (Residential) » Contract Houses: $30 Million & Over for Kamenev’s new home.
“From the initiation of excavation to the completion of this remarkable project, the builder exhibited remarkable foresight and planning,” a note on the winning entry read.
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“Full credit to Pimas Gale and their team for achieving a flawlessly executed finish on this truly exceptional, once-in-a-lifetime construction.”
The home sits on a 4200 sqm deep waterfront north facing sits. Construction of the home is said to have taken around two years.
That followed a battle of around two and a half years to get approval to build the home.
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Originally published as Menulog founder’s insane $200m+ home
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