AXF’s proposal stirred local outrage last year as it involved the demolition of a 1930s Art Deco home and garden.
Period homes are fast becoming a scarcity in the leafy eastern suburbs, once renowned for their untouched streetscapes.
Marshall White’s Mark Dayman and Antony Woodley will auction the vacant Canterbury block at 12:30pm on Wednesday June 23. It’s expected to sell for about $7 million.
In a similar scenario, earlier this year, businessman Rodney Smorgon listed 4 Trawalla Avenue, Toorak, for sale as a vacant block. Mr Smorgon demolished the historic home and tennis court that occupied on the site while obtaining permits and marketing apartments for a project that never took off.
As for Canterbury, the local’s attention has moved to 36 Monomeath Avenue where an overseas investor plans to replace a period home he bought last Christmas, with a new home.
The 2295 square metre block with a tennis court is one of the biggest in the street, once touted as being Melbourne’s most exclusive address.