The attached pair of brick maisonette houses sit in good company on this highly coveted street, where more than a dozen homes have previously sold for more than $10 million.
A pair of brick homes on a single block in Toorak’s priciest street fetched $8.9 million on Saturday in a gruelling auction that stretched the final $1 million out in $1000 bids.
But just four raised their hands for the attached pair of maisonette houses that sit on a 617-square-metre block, each featuring three-bedroom floor plans and one boasting a swimming pool.A local family threw down a $6.6 million bid to kickstart the auction, sparking a series of $100,000 increments. At $7.66 million, the home was called on the market, leaving just two punters in the mix.
“Toorak has outperformed the rest of Melbourne’s market and in St George, the incredible homes and the incredible sales we’ve had there are carrying those values. You’re in rarefied air here, and people want to be among that.”The Toorak property was one of 700 reported auctions across the Victorian capital on Saturday, with 437 sold and a preliminary clearance rate of 62.4 per cent.
Belle Property Albert Park’s David Wood said bidding started at $1.75 million and climbed to just $1.78 million before the home was passed in, then promptly sold. “This home fitted that wedge between being unrenovated and completely renovated, so buyers knew they could just move in and without spending much money,” he said.
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