Walton lists ex-ADA HQ in Toorak

The former Australian Dental Association headquarters, in Toorak, will be auctioned after failing to sell privately last year.

The mansion-converted-office on 735 square metres at 49 Mathoura Road accommodated the not-for-profit for five decades.

Walton Property Developments – the vendor – picked it up in mid-2008.

Coincidentally, it placed the ADA at an office it constructed at South Yarra’s 10 Yarra Street.

The Toorak property is expected to sell for more than $2.9 million to either a residential or commercial end-user – it contains 16 rooms.

Medium density builders are also expected to show an interest; the land fronts Ellerslie Place East.

Knight Frank’s Marcus Quinn with Marshall White’s James Redfern and James Brinkworth are the agents.

An auction is scheduled for Anzac Day.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of realestatesource.com.au.

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