- Curve Finance CEO Michael Egorov and his wife Anna Egorova purchased a luxurious Melbourne mansion for $41 million, setting a new record for Victoria’s highest real estate purchase this year.
Curve Finance CEO Michael Egorov and his wife Anna Egorova have recently made headlines by purchasing a luxurious Melbourne mansion for a whopping $41 million. This transaction has set a new record for Victoria’s highest real estate purchase this year.
This extravagant purchase is not the first time the couple has invested in Melbourne’s trophy homes. In March last year, they purchased a two-story, five-bedroom Italianate mansion, Verona, on 1412 square meters for $18.25 million. With the addition of Avon Court, their combined landholding now totals an impressive 5663 square meters.
The Avon Court mansion is a landmark four-level, lift-connected Victorian mansion with nine bedrooms, seven bathrooms, a gymnasium, a steam room, two swimming pools, a playground, a mini soccer field, a 10-car basement garage, and six kitchens. The sprawling estate is located in the blue-chip Shakespeare Grove area of Hawthorn, one of Melbourne’s most exclusive postcodes.
It is not the first time a crypto polymath has coveted a large slice of Melbourne’s most exclusive postcodes. Ed Craven, the founder of a crypto casino, made headlines with his $80 million purchase of a 7187 square-meter derelict mansion on Toorak’s St Georges Road. The Avon Court purchase represents a significant upsize from the couple’s neighboring property.
The property was sold through Kay & Burton’s Grant Samuel, alongside co-agent Chen Sun of Ascend. Both agents declined to comment on the recent sale or buyers, citing a nondisclosure agreement. Michael Egorov is based in Switzerland, so whether the couple intends to connect the properties and create a sprawling Australian base or upgrade over the fence is still being determined.
The Egorovs’ purchase of Avon Court is a testament to the growing popularity of cryptocurrencies as an investment. As the CEO of the decentralized crypto protocol Curve Finance, Michael Egorov has made a name for himself in the crypto world. The purchase of Avon Court is a clear indication of the success of his endeavors. This real estate investment undoubtedly adds to the couple’s already impressive portfolio.
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