👀 It doesn’t hold down a job, but this empty block of land in Toorak is set to make more money in a year and a half than most workers could dream of. | elizabethredman
An empty block of land in Toorak is for sale for the second time in 18 months.
The site at 7 Martin Court last traded for $5,725,000 in March last year, records show, and there was no house on it at the time.RT Edgar Toorak selling agent Max Ruttner said his client bought it with a view to building a contemporary home but saw another residence already built and decided to go with that option.
But the listing illustrates the top prices buyers will pay for land in the exclusive suburb. The block of 712 square metres is priced at roughly $8800 to $9700 per square metre.
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