FOR SALE BY EXPRESSIONS OF INTEREST

FOR SALE BY EXPRESSIONS OF INTEREST

A Unique Offering The Nee Morna Estate comprises the magnificent, historic mansion built in 1909 of Sorrento concrete blocks set among beautiful, natural gardens of Moonah woodlands, native shrubs, and grasses, and situated on 16,866m 2 (4.17 acres) of land across four separate and contiguous titles, with extraordinary, panoramic views of Sorrento and Port Phillip Bay from the clifftop and mansion. Rare Opportunity: Prestigious, and substantial clifftop properties in Sorrento and Portsea are tightly held, and the Nee Morna sale represents a rare opportunity to acquire the Estate, having been offered only twice before in over 100 years. Incomparable, Substantial Landholding: At 16,866m 2 (4.17 acres), the landholding is the largest offering in Sorrento on the foreshore side of Point Nepean Road situated on the first of the Sisters, otherwise known as the Western Sister. Exquisitely Restored and Updated Mansion: The house, one of the original Sorrento mansions, was exquisitely restored, faithful to its remarkable heritage, and updated to provide exceptional standards of modern living, over a period of four years and at considerable cost, by the current owners with an extraordinary eye for detail. Beautiful, Expansive Natural Gardens: The historic mansion is surrounded by beautiful, natural gardens of Moonah canopies, native shrubs, and grasses. The expansive grounds of the Nee Morna Estate provide a peaceful and tranquil environment in which to relax and unwind. A private wonderland. Extraordinary Views of Sorrento and the Bay: Views from several vantage points around the property are extraordinary, including 360 degree views from the Crows Nest of Port Phillip Bay, Sorrento, and other villages and hills of the Mornington Peninsula. On clear days and nights, you may also enjoy views of the city of Melbourne. Outstanding Position, Close to Beaches and Village: The Nee Morna Estate has direct walking access to the adjacent calm and pleasant waters of Tideway s beach on Sullivan s Bay and the Sorrento Front Beach, and the facilities and activities of the Couta Boat Club. The foreshore bay trail passes the front gate of Nee Morna, and travels along the foreshore to the Sorrento Village, a pleasant one (1) km stroll away. Other Important Features of the Mansion Five large living/dining rooms, with ceilings soaring four metres high Six large bedrooms on the first floor Large kitchen, food pantry room, butlers pantry room, and wine cellar Four bathrooms, two half-baths and commercial-sized laundry Wide and long, wrap-around verandah of Sorrento concrete block Plenty of storage, including storage rooms and closets Double, lock-up garage (two large cars), and five rear ground car spaces Plexipave tennis court Outdoor, mains-gas barbeque, and fridge High quality fixtures, fittings, and finishes include: Five original, wood-burning fireplaces, timber mantles and ceramic tiles Original wood floors, baseboards, doors and windows Original door and window brass hardware Luxurious, wool-rich Axminster area rugs and hallway runners Carrara marble countertops, New York subway wall tiles, and Cardoso Spazzolato blue/grey sandstone pavers Shaws fireclay sinks, Villeroy & Boch basins, and Astra Walker tapware European appliances including Miele, Asko, and Ilve Biasi cast-iron hydronic radiators, Baxi Luna and Rinnai Demand Duo gas boilers

G ro u n d Floor Plan B a s e m e n t Floor Plan VERANDAH LIBRARY ENTRY HALL SITTING ROOM FORMAL DINING PLANT ROOM DOUBLE GARAGE VERANDAH HALL 2 POWDER IT WC VERANDAH FORMAL LIVING HALL 1 FOYER FAMILY LIVING BUTLERS PANTRY STAIR 2 HALL KITCHEN FOOD PANTRY WINE CELLAR BATHROOM 5 FOYER LAUNDRY HALL STORE MUD ROOM COURT COURT DRIVEWAY

U p p e r Floor Plan BEDROOM 5 ENSUITE 1 POSSIBLE FUTURE ENSUITE LAYOUT SUN ROOM BEDROOM 3 WIR BATH 3 BEDROOM 1 BEDROOM 1 STORE BALCONY HALL 4 BEDROOM 2 BEDROOM 2 HALL 3 BEDROOM 4 WIR BATH 4 ENSUITE 2 POSSIBLE FUTURE ENSUITE LAYOUT BATH 2 BEDROOM 6 POSSIBLE ENSUITE BATHROOM OPTIONS FOR BEDROOMS 1 & 2 Building Area (Gross) Room First Floor Ground Floor Verandah Basement Floor Garage Total Area (sqm) 280 sqm 352 sqm 156 sqm 75 sqm 66 sqm 929 sqm Area (sqft) 3,014 sqft 3,789 sqft 1,679 sqft 807 sqft 710 sqft 10,000 sqft *Areas quoted are approximate

N *Approximate boundary outline, includes common driveway

D e v e l o p m e n t V i s i o n The Nee Morna Estate offers an incomparable opportunity to acquire a truly unique property that represents the last private, substantial original mansion situated on a large landholding with genuine historical provenance in an extraordinary location adjacent to Sullivan s Bay, Sorrento. Key property attributes of the Nee Morna Estate include: Restored and updated historical mansion: providing 929m 2 (10,000sqft) of floor space (including five large living/dining rooms, each with four metre high ceilings, six large bedrooms, and return verandah) situated on 7,151m 2 (1.77 acres) of land Large, contiguous land holdings: there is on offer a further 9,715m 2 (2.40 acres) of private land over three additional titles with approved building envelopes adjoining the mansion, plus an 80% interest in 672m 2 of common property Opportunity to sub-divide and develop further: the Nee Morna Estate is situated on four titles across 16,866m 2 (4.17 acres) of land that may be subdivided further and the vacant land developed for residential or community use (STCA) The Nee Morna Estate will be attractive to various types of prospective buyer including those with one of the following purposes: Single Family Residence: where a single family resides in the historical mansion and enjoys for itself its beautiful, natural gardens and Moonah canopies situated on 16,866m 2 (4.17 acres) of land. Multi-Generational Family Compound: where a single family has or anticipates the need to build houses on the land adjoining the historic mansion for use by children and/or grandparents, perhaps even a caretaker s cottage, to create a wonderful, secluded family compound (STCA). Individual Property Development: where a purchaser acquires one or more of the lots that comprise the Nee Morna Estate, builds residences on the vacant lots (up to three, and possibly more) acquired for subsequent sale, and perhaps retains the historic mansion or one of the other newly built residences for themselves (STCA). Community Property Development: where the Nee Morna Estate, anchored by the historic mansion with five large living/dining rooms, situated on tranquil grounds among the Moonah canopies, adjacent to nature walking trails and the calm waters of Sullivan s Bay and Sorrento Front Beach, offers a unique opportunity to create a wonderful lifestyle accommodation for a private community of successful retirees (STCA). Title & Property Particulars: 3106-3118 Point Nepean Road, Sorrento, Australia Number Land (m 2 ) Land (acres) Volume Folio Lot on PS 540310W 3110 7,151 1.77 11017 781 5 3108 2,854 0.71 11017 780 4 3106 2,413 0.60 11017 779 3 3118 4,448 1.10 11017 778 2 Total 16,866 4.17 Zoning: General Residential Zone Schedule 1 (GRZ1) *All area amounts are approximate

The tennis court, at the north end of the Estate, enjoys beautiful views of Sorrento front beach, Sorrento pier and towards the heads of Port Phillip Bay beyond MARK WIZEL +61 409 809 868 mark.wizel@cbre.com.au BIANCA BUTTERWORTH +61 410 558 126 bianca.butterworth@cbre.com.au LEWIS TONG +61 421 870 833 lewis.tong@cbre.com.au CARL HEXTER +61 409 411 507 carl.hexter@cbre.com.au