Marshall White sets residential price record
One agency to which the Kay & Burton/RT Edgar rivalry means little, is Marshall White.
The Armadale-based alternative is likely to see out of the year having sold Melbourne’s most expensive home – Malvern’s Stonington.
The unrenovated Glenferrie Road property, once owned by Deakin University, traded to art dealer Rod Menzies for $18 million – about $2m over the anticipated price.
Agent Sean Cussell has since relisted Mr Menzies’ outgoing home – in Hampden Rd, Armadale (story continues below).
That Italianate mansion, surrounded by a tennis court and established garden, was formerly owned by Toll Holdings chairman Paul Little.
An auction is scheduled next year.