Billionaire Adrian 'Mr Lambo' Portelli abandons plans to build Melbourne mansion and offloads land for $2.7million after neighbours refused to sell their home to him READ MORE: The Block's Adrian 'Mr Lambo' Portelli hits back at claims break-in at his $40m penthouse was a publicity stunt By Marta Jary For Daily Mail Australia Published: 08:59, 9 September 2024 | Updated: 09:04, 9 September 2024 e-mail View comments Adrian 'Mr Lambo' Portelli has scrapped plans to build his latest multi-million dollar property in Melbourne. The billionaire is selling his Strathmore residential block with a $2.

5million to $2.7million price listing. Portelli first purchased the land early in 2023 for $2.

7million, with plans to build himself a home with city skyline views. However, his hopes to buy surrounding blocks to expand his space fell through. 'I was wanting to potentially buy the neighbours' houses and just create one big block,' he told realestate.

com.au. 'So I offered them a considerable amount, more than what their house was worth, but they didn't want to sell, which I respect.

' Portelli says he hopes to get what he paid for the land, and is on the lookout for a bigger block elsewhere. 'If I don't get that, then I'll probably just put a house on it and sit on it for a bit,' he told the website. Adrian 'Mr Lambo' Portelli (pictured) has scrapped plans to build his latest multi-million dollar property in Melbourne Read More Inside Adrian 'Mr Lambo' Portelli's multi-million property empir.