$40m Pete penthouse

PETER Devitt, a Melbourne builder who paid a record $9.2 million for Main Beach’s Liberty Panorama penthouse in 2012, is set to make that figure look like peanuts in his home city.

The founder of the L.U. Simon group is to build a 14level tower in St Kilda Rd, topped by a penthouse priced at more than $40 million.

The Muse apartment 1200sq m. is