BUSINESSWOMAN, and BRW Rich 200 member, Iris Lustig-Moar has made about $4.75 million from the sale of an apartment shell, adjoining her own penthouse, on top of the luxurious Lucient building, at 430 St Kilda Road.
The co-director of architect and development firm Lustig & Moar, had originally planned to incorporate the apartment into her own, to create a super-penthouse some speculate could have had an end value of more than $12 million, and be one of the most expensive in the boulevard.
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