SOLD
Sold on 21 Dec 2023 for $1,950,000

5/404-406 Toorak Road
Toorak VIC 3142

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 130m2
Land area: 1474m2
Sold By
Darren Lewenberg
Kay & Burton Stonnington
Duncan Fraser-Smith
Kay & Burton Stonnington
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Property Details for 5/404-406 Toorak Rd, Toorak

5/404-406 Toorak Rd, Toorak is a 2 bedroom, 2 bathroom Unit and was built in 2000. The property has a land size of 1474m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
130m2
Land Size
1474m2
Local Government
Stonnington
Lot/Plan
5/SP33359

Last Listing description (March 2024)

Inspect by Private Appointment

Perfectly positioned on the edge of Toorak Village, this lavishly proportioned and meticulously built Gabor Hubay apartment is blessed with a preferred north facing orientation and offers a low-maintenance, refined lifestyle in the boutique "Balara" building.

The stunning first floor residence which has been stylishly renovated by interior designer Mardi Doherty from Studio Doherty enjoys generous 2.9m high ceilings and delivers light-filled, functional contemporary spaces.

Stepping into the immaculately appointed apartment via the elegant reception foyer, a welcoming entrance hall flows through into an oversized living and dining area with a private, leafy outlook. A wall of floor-to-ceiling windows and doors glazed with premium acoustic laminate glass floods the space with natural light and opens to a private, extra-large balcony which is the perfect spot for alfresco entertaining.

Adjoining the dining area is the well-appointed, renovated kitchen which boasts stainless steel benchtops, an induction cooktop, double oven, Fisher & Paykel fridge/freezer, Miele dishwasher and abundant storage. A casual meals area, balcony access through sliding doors and concealed appliance cupboards add to the considered amenity of the space.

The oversized master bedroom is enhanced by a large walk-in robe and a pristine marble ensuite with double vanity and spa bath. A second large bedroom also enjoys a sparkling ensuite and built-in robe.

The residence also benefits from a spacious second living area/study with extensive joinery, which could be utilised as a third bedroom if desired.

Further appointments include stunning terrazzo flooring, powder room, fully fitted laundry with integrated washer and dryer, ducted heating and cooling, extensive storage, basement parking for two cars plus storage room, lift access, security entry and beautifully landscaped gardens.

Conveniently located within walking distance of the restaurants, cafes and shopping in Toorak Village, trams to Chapel Street and the CBD, Como Park, Kooyong Lawn Tennis Club, plus easy access to the Mornington Peninsula via the Monash Freeway.

Property History for 5/404-406 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$1,950,000
21 Dec 2023
  • 21 Dec 2023
    Sold for $1,950,000
  • 02 Oct 2023
    Listed for Sale SOLD: Undisclosed
  • 14 Feb 1990
    Sold for $720,000

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About Toorak 3142

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 9,192 properties. Over the last 5 years, Houses in Toorak have seen a 23.18% increase in median value, while Units have seen a -9.31% decrease. As at 31 August 2024:

  • The median value for Houses in Toorak is $4,783,984 while the median value for Units is $1,059,622.
  • Houses have a median rent of $1,300 while Units have a median rent of $600.
There are currently 10 properties listed for sale, and 11 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 411 properties were sold in the past 12 months in Toorak.

Suburb Insights for Toorak 3142

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.