11.8 C
Melbourne
Monday, December 23, 2024

Trending Talks

spot_img

Toorak mansion poised to break Victoria’s $80m home price record

[ad_1]

Macquarie Rd, Toorak-for herald sun real estate

The Macquarie Rd, Toorak, property features a resort-style backyard.


A luxurious Toorak mansion is set to test Victoria’s $80m-plus house price record.

The Herald Sun understands the Macquarie Rd house featuring a pool and tennis court is on the market with a circa-$80m price tag, and will shortly be listed on real estate websites.

Top end buyers agent David Morrell said Melbourne’s elite had been quietly given the chance to inspect the property since at least November last year.

RELATED: Crypto king Ed Craven takes wrecking ball to $80m Toorak mansion

The Block shock: Adrian Portelli lists Eliza and Liberty’s $3.25m home

Malvern’s Stonington Mansion sets Victorian house price record

“It’s a very good house,” Mr Morrell said.

The Morrell and Koren boss noted the timing of the listing coincided with a rise in activity from buyers of Chinese heritage in Melbourne’s priciest postcode, though he said it was not always clear if they were new migrants or were already living in the city.

Title documents show the sumptuous property is in the name of Susan Lord.

Forbes Global Properties’ Michael Gibson has the listing, where visitors are greeted with a sweeping marble staircase, and likely to enjoy a dedicated basement cinema or the home’s temperature-controlled wine cellar and tasting room.

Macquarie Rd, Toorak-for herald sun real estate

This is how life looks inside one of Melbourne’s most impressive homes.


Macquarie Rd, Toorak-for herald sun real estate

At $80m, a wine collection is almost an obligatory home feature.


Macquarie Rd, Toorak-for herald sun real estate

The ace back yard also features its own tennis court.


Landscaped gardens surround the house and provide a leafy backdrop to a sumptuous pool and spa area at the rear of the house, with the tennis court just beyond.

But industry sources said while impressive, the property wasn’t on the right street to garner a record-breaking price and knock off crypto casino boss Ed Craven’s $80,000,088 purchase of a nearby St Georges Rd ‘ghost mansion’ that had sat empty for a protracted period before he bought it in 2022.

Mr Craven is currently extensively renovating the property.

Macquarie Rd, Toorak-for herald sun real estate

A sweeping staircase connects the home’s two levels.


Macquarie Rd, Toorak-for herald sun real estate

A decked-out home cinema would rival the real deal.


Macquarie Rd, Toorak-for herald sun real estate

Expansive glazing around the home provides for impressive vistas from almost every room.


Industry sources have also indicated 35 Harcourt St, Hawthorn East, has come close to breaking the suburb’s house price record in the past few days. The $19.5m high water mark was set by No. 16 on the same road.

The five-bedroom mansion on the leafy ‘burb’s top street is understood to have sold for about $20m after it was listed with $20-$22m hopes.

The 1882-built Victorian property has had its gardens overhauled under the eye of Paul Bangay and interiors styled by slain design guru Stuart Rattle.

Kay & Burton’s Sam Wilkinson handled the listing but could not be reached for comment.


Sign up to the Herald Sun Weekly Real Estate Update. Click here to get the latest Victorian property market news delivered direct to your inbox.

MORE: The first-home buyer scheme most likely to get you a home

Doncaster: Grafico founder Damian Corney selling house featuring car racing tribute

Lygon St: Property owned by slain gangland figure Alphonse Gangitano’s family sold

— Additional reporting Nathan Mawby

[ad_2]

Source link

Serendib News
Serendib News
Serendib News is a renowned multicultural web portal with a 17-year commitment to providing free, diverse, and multilingual print newspapers, featuring over 1000 published stories that cater to multicultural communities.

Related Articles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Latest Articles