SOLD
Sold on 24 Feb 2024 for $3,400,000

8/40 Grange Road
Toorak VIC 3142

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 241m2
Land area: 220m2
Sold By
Clements International Hawthorn & Inner East
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Property Details for 8/40 Grange Rd, Toorak

8/40 Grange Rd, Toorak is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 220m2 and floor size of 241m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
2000
Floor Size
241m2
Land Size
220m2
Local Government
Stonnington
Lot/Plan
8/PS419240

Last Listing description (March 2024)

Deceptively spacious, this luxury townhouse delivers grand house-like proportions in a low maintenance setting. The elegant formal living and dining areas set the scene, elevated by a atrium ceiling and bar area with wine fridge. French doors welcome sunlight to the adjoining kitchen, meals area and family space. The superbly appointed chef's kitchen boasts quality European Miele appliances.

Relax under the shade of mature trees and lush foliage on the spacious outdoor entertaining deck. Supremely quiet, private and north facing, hosting is easy with a premium in-built barbecue. Upstairs, the master bedroom invites serene garden views and features twin walk-in wardrobes and a luxe ensuite with twin vanity and double rain shower. Two further bedrooms are serviced by a main bathroom with generous freestanding bath. One bedroom is fitted with a full wall of office joinery, providing a generous, flexible space for work or study.

Only moments to vibrant Toorak Village and the Yarra River trails, this boutique home offers the prestige of a Grange Road address with the tranquility of a rear townhome position. Set well back from the street, access is via large security gates and a direct path to a double garage with a second entry to the foyer. Establish a refined inner-city lifestyle close to M1 freeway access.

High quality features abound, including Private Lift, CCTV security with alarm, cable internet (HFC) available, intercom, reverse cycle heating/cooling and downstairs powder room. Abundant storage throughout includes a walk-in linen cupboard, garage shelving and a spacious laundry with Miele washer and dryer. Recent upgrades include internet cabling, cabinetry, repainted interior, and painting and resurfacing of the garage floor.

Property History for 8/40 Grange Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$3,400,000
24 Feb 2024
  • 24 Feb 2024
    Sold for $3,400,000
  • 19 Feb 2024
    Listed for Sale $3,300,000 - $3,500,000
  • 31 Mar 2023
    Listed for Sale Private Sale
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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 9,182 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:

  • The median value for Houses in Toorak is $4,837,331 while the median value for Units is $1,045,580.
  • Houses have a median rent of $1,325 while Units have a median rent of $600.
There are currently 11 properties listed for sale, and 15 properties listed for rent in Toorak on OnTheHouse. According to CoreLogic's data, 392 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.