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Pedestrian.tv
Pedestrian.tv
National
Soaliha Iqbal

A Melb Guy Bought A $39M Penthouse Just To Use On Weekends Brb, Looking Up Squatters’ Rights

Every day my hunger for the rich grows more urgent and reckless, and I think I have finally found the first person I shall devour in the revolution: this Melbourne man who bought the fanciest penthouse on offer in the city, purely to entertain friends on weekends. My tummy rumbles in the night. Adrian Portelli, a multi-millionaire car collector and property developer you may have come across on TikTok
7News in the middle of a housing crisis
@adrian_portelli

Lambroo

♬ Drift – DILEX

“I’m very proud and blessed to be able to have the opportunity to take that title. I just grew up in the suburbs … a humble kid … and dreams do come true,” Adrian Portelli told 7NEWS.

“This definitely does [have the ‘wow’ factor],” he said.

adverse possession you are entitled to have your name entered on the land title if you have occupied a property as a squatter for 15 years

The post A Melb Guy Bought A $39M Penthouse Just To Use On Weekends & Brb, Looking Up Squatters’ Rights appeared first on PEDESTRIAN.TV .

, made headlines this week after he appeared on showing off his newly acquired apartment, which was going for a huge asking price of $39 million — making it the most expensive Melbourne apartment ever. When asked if he would be living in the La Trobe Street penthouse, he replied: “Probably not.” “I’m not a big city guy,” he told 7News. “It’ll be a good entertainment house on the weekends.” Imagine saying this out loud, , as if it’s a flex and not a symbol of how absolutely fucked the class divide in Australia has become. The penthouse will have a swimming pool installed which will overlook Melbourne’s skyline, a cinema, a cigar bar and potentially a bowling alley. Oh, and Portelli also plans to airlift a $3 million car via crane into the penthouse — located on the 57th floor — which will act as an “art piece” for his lounge room. He also said he was after a few penthouses, and wanted one with “that ‘wow’ factor”. Spoken like a truly humble man. In completely unrelated news, squatting has become a growing issue with wealthy house hoarders in Australia, after people realised you can lay claim to a property that isn’t legally yours if you manage to live in it for a number of years. In NSW, squatters can make a claim to a property if they’ve occupied it exclusively for 12 years (and meet certain requirements). This is called , and yes it would make that land/property yours. In Victoria, for those of you who are curious, (unless the land is owned by the government). Just thought you ‘oughta know.
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