Urologists Uri Hanegbi and Karen McKertich are hoping to make a cool $6 million profit on the Toorak home they purchased for $19 million two years ago.
A Toorak mansion which stands on the site of the city’s first $1 million house sale, has hit the market with a price guide of $24 million to $25 million – $6 million more than what it sold for just two years ago.
The two-storey, palatial home on St Georges Road is being offered for sale by Melbourne urological surgeons Uri Hanegbi and Karen McKertich. The couple purchased it for $19 million from Helen Stamoulis,The St Georges Road home last sold for $19 million in 2021. Back in 1980, before the site was subdivided into two properties, the then home of late Melbourne businessman and lord mayor Sir Maurice Nathan became the city’s first to crack the $1 million mark, when it sold at auction on October 16 of that year for $1.01 million to Mercedes car dealer James O’Connor.After being subdivided in the late 1990s, the five-bedroom home built on one of the two lots was the city’s first to achieve a price above $6 million, when it sold for $6.01 million in May 2007.
Their neighbours, Dr Hanegbi and Dr McKertich, will be hoping to cash in on the return of Asian buyers to the Melbourne market and local high-net-worth buyers, who are competing for a limited number of trophy homes in the city’s most prestigious suburb.Alongside its five bedrooms and enviable St Georges Road address, the urologists’ home comes with landscaped gardens, a floodlit north-south tennis court, swimming pool, lift and basement garaging for numerous cars.
on Linlithgow Road, which has a price guide of $16 million to $17 million, also through Marshall White.The most recent noteworthy sale in Toorak was former Australian cricket captain
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