Toorak mansion smashes record as most expensive home sold in Victoria

A historic mansion is torn down in Toorak – $18.5 million mansion destroyed

The sale of a Toorak mansion has just set a new state record as the most expensive home ever sold in Victoria.

Selling for $26.25 million, a mere five days before Christmas, 9 Towers Road was purchased by a local buyer after competing with seven other local families.

Expectations are that 9 Towers Road, Toorak, will set a new price record for Melbourne.

9 Towers Road, Toorak, has set a new price record for Victoria. 

The Towers Road mansion has never been lived in.

The Towers Road mansion has never been lived in.

Marshall White company director Marcus Chiminello says the result is “very exciting for Victorian real estate”.

The previous state record of $26 million was held by cliff-top property, Ilyuka, in Portsea, and the Melbourne metropolitan record was $24.1 million for the Smorgon family mansion, 4 Robertson Street, Toorak.

Architect Randal Marsh says the idiosyncratic 9 Towers Road, Toorak will appeal to buyers interested in contemporary architecture.

9 Towers Road, Toorak, VIC

Hitting the market in October, with a speculated value of more than $30 million, the Toorak property owned by Daniel and Danielle Besen, took seven years and over $20 million to build.

The oval-shaped, four-bedroom property features a library, media room and wine lounge, and has never been lived in.

Daniel and Danielle Besen's stunning Toorak property is raising interest from luxury home buyers around the world.

 

Article by: January Jones / Domain.com.au

Photo Credit: Marshall White

 

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