204/1 Wallace Ave, Toorak is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a floor size of 173m2. While the property is not currently for sale or for rent, it was last sold in October 2019.
Defined by impressive proportions, exemplary finishes and refined European elegance, this stunning boutique residence in the exclusive One Wallace Avenue building delivers a peerless lock up and leave lifestyle of luxury on the doorstep to Toorak Village's shops and restaurants and just moments from Como Park and freeway access. A welcoming entrance hall featuring oak parquetry floors and high ceilings introduces a gracious & spacious formal sitting and dining room opening to a covered balcony (designed and supplied by Julian Ronchi) with views over Toorak village and to South Yarra. Also opening to the balcony is a light-filled casual meals area, with superb gourmet kitchen (including F&P French door fridge) appointed with stone benches and Miele appliances, and an extra living/study zone. The generously proportioned main bedroom with lavish en suite and walk in robe is matched by a second double bedroom with stylish en suite and built in robe. Impeccably presented throughout, this beautiful residence also includes secure entry, lift access, video intercom, double glazing, plantation shutters, powder-room, separate laundry (with Miele washing machine and dryer included), ducted heating/cooling, large storage cage, 2 basement car-spaces and access to the building's gym, heated pool, spa, sauna and on site manager.
The size of Toorak is approximately 4.3 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Toorak in 2011 was 12,870 people. By 2016 the population was 12,907 showing a population growth of 0.3% in the area during that time. The predominant age group in Toorak is 20-29 years. Households in Toorak are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Toorak work in a professional occupation. In 2011, 61.7% of the homes in Toorak were owner-occupied compared with 61.7% in 2016.
Toorak has 9,142 properties. Over the last 5 years, Houses in Toorak have seen a 5.51% increase in median value, while Units have seen a -8.02% decrease. As at 31 October 2024:
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