Martes, Enero 17, 2023

Toorak knockdown-rebuild bought for $12.2 million resells in high $30 millions

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The four-bedroom, north-facing, light-filled home was designed by Conrad Architects and features a pool, contemporary chandelier from a double-height ceiling, curved staircase and study with dark stained oak joinery.

Toorak’s median house price rose 9 per cent to $5 million last year, Domain figures show. The figure masks the strength at the upper end of the market, where well-heeled buyers upgraded to more spacious and luxurious residences as they spent more time at home during the pandemic.

The light-filled home comes with a pool, curved staircase and contemporary chandelier.

The light-filled home comes with a pool, curved staircase and contemporary chandelier.Credit:Conrad Architects

Before COVID-19 there had been only a handful of sales above $20 million.

There was a flurry of deals last year aside from Mr Gance, such as music promoter Michael Coppel’s sale on Hopetoun Road for above $30 million.

Other top sales included celebrity chef Shannon Bennett’s Lansell Road sale for $24 million, Heloise Waislitz’s purchase of Boost Juice founder Janine Allis’s home for $22 million, the Stamoulis family’s $19 million sale on St Georges Road, and a castle-like Chastleton Avenue home for $22.675 million.

The home office has dark stained oak joinery and garden views.

The home office has dark stained oak joinery and garden views.Credit:Conrad Architects

Another home is now for sale in Toorak with a price guide of $20 million to $22 million, at 35 Clendon Road, sold by Bain & Company partner Chris Harrop.

The Melbourne house price record is held by Stonington Mansion in Malvern, at $52.5 million.



Toorak knockdown-rebuild bought for $12.2 million resells in high $30 millions
Source: Philippines Alive

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