Family downsize to $9m mansion
It is a downsize, Toorak-style.
A family from Melbourne’s wealthiest suburb has paid $9 million for a brand new mini-manor at 3 Stonnington Place, which it will relocate to from a larger home.
Its downsized dwelling still contains 595 square metres of livable space and a 160 sqm basement.
Marshall White’s Marcus Chiminello marketed it for prestige builder Glenn Eagles.
The property sits on a relatively small block for the suburb – 434 sqm.
Stonnington Place is, however, in arguably the most blue-ribbon part of Toorak – off Albany Road, considered Melbourne’s most prestigious row.
In 2017, it was reported that Premier Investments chief executive officer Mark McInnes paid $12.3m for a Stonnington Pl property.
Other business identity neighbours include the Valmorbida family, Seek co-founder Matt Rockman, and Gerry Ryan, who established Jayco Caravans (story continues below).
Architect Drew Cole penned 3 Stonnington Pl for Glenneagles Homes while David Hicks created the interiors.
The residence contains five bedrooms, six bathrooms, a theatre room, attic, wine cellar, butler’s pantry, three lounge rooms and a four car garage.
In 2013, Mr Eagles rented his Armadale house to producers of Chris Lilley’s Ja’mie Private School Girl, for use as the lead character’s family home.
That French Chateau-styled dwelling in Adelaide Street was then sold for about $9m.
Mr Eagles has now appointed Mr Chiminello to sell another new home, 19 Denham Pl, Toorak, which is under construction next door to 3 Stonnington Pl.
It is also expected to sell for c$9m.
Toorak is Melbourne’s priciest suburb when measured by median house value – a four bedroom costing $4.6m according to the msot realestate.com.au figures.
