![Macquarie Rd, Toorak-for herald sun real estate](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 1280 720"%3E%3C/svg%3E)
The Macquarie Rd, Toorak mansion has set a new 2024 benchmark for Melbourne.
A showstopping Toorak mansion has just sold in the vicinity of $70m, making it the biggest residential sale in Victoria and the fourth largest nationwide in 2024.
The six-bedroom house at 2 Macquarie Rd was first listed for sale in March with a $75m-$82.5m price tag, before it was slashed to $70m-$75m earlier this year.
Industry sources revealed it has finally changed hands for around $70m before the end of the December, also making it the third-largest residential sale in Victoria ever recorded.
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It sits behind cryptocurrency casino boss Ed Craven’s purchase of a St Georges Rd ‘ghost mansion’ in 2022 for $80,000,088 and ex-MessageMedia founder Grant Rule’s of another St Georges Rd historic home in 2023 for $74.5m.
And it’s understood the property is the fourth biggest home sale in Australia in 2024, ahead of the subpenthouse at One Circular Quay in Sydney’s CBD, which sold for $61.75m in October and behind ‘Alooringa’ at Victoria Rd, Bellevue Hill which sold for $80m.
![Macquarie Rd, Toorak-for herald sun real estate](data:image/svg+xml,%3Csvg xmlns="http://www.w3.org/2000/svg" viewBox="0 0 768 1024"%3E%3C/svg%3E)
Inside the home’s lounge room, which looks out on the pool.
Take a walk up the stunning marble staircase.
While Forbes Global Properties director Michael Gibson declined to comment on the Toorak mansion’s sale price, he said it was bought by a local buyer.
“Macquarie road is one of the exceptional contemporary residences in Australia,” Mr Gibson said.
Property records reveal the stately home was sold by Sue Lord, whose husband is John Lord, chairman of the automation platform Neota.
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The picturesque pool and tennis court.
The property ended up selling for $61m.
Forbes Global Properties listing agent Robert Fletcher told the Herald Sun earlier this year that there had been a mix of local and international interest, with one prospective buyer even flying into the country to walk through the compound.
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Inside the mansion, which spans about 2000sq m under its ceiling, there’s a marble staircase as well as a dedicated basement cinema, temperature-controlled wine cellar and tasting room.
The huge living space with soaring ceilings.
The home’s owners initially had price hopes of $82m+.
Prominent landscape designer Paul Bangay designed the grounds of the property, with the addition of a hotel-style pool and spa at the rear of the house and a tennis court.
The entire residence took about five years to build and was completed in 2018, designed by architect Illario Cortese and constructed by Bespoke Builders.
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sarah.petty@news.com.au
