Seven parties made offers for the residence at 33 Lansell Road, undeterred by its need for renovations that could cost another $5 million or more.
It has scope for a renovation that could cost $5 million or more.A grand Toorak mansion listed for sale with a price guide of $20 million to $22 million has sold within the quoted range to a local buyer., undeterred by its need for renovations that could cost another $5 million or more.
The Federation Queen Anne style heritage home known as Darnlee dates to about 1895 and is set on an oversized block of 3582 square metres. Its period features include a conical tower, decorative ceilings, a domed skylight and original lead lighting and fireplaces. It is now configured as a nursing home featuring 47 bedrooms with ensuites and a commercial kitchen but sold with vacant possession by aged care provider BlueCross.Selling agents on the deal were RT Edgar Toorak’s Antoinette Nido and Jeremy Fox.Nido said the property had been very well preserved, but would need at least $5 million in renovations to reinstate it as a home.She declined to comment on the identity of the buyer but confirmed the sale was within the quoted price guide.
“It is a beautiful property and it is in an amazing location, and it is surrounded by some of the best real estate that you will get in Melbourne,” Nido said.
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