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Off Market

3B/516 Toorak Road

Toorak VIC 3142

3
2
2
Apartment
Last sold for $1,500,000
Simon LordSimon Lord, last sold this property on 08 May 2024 after 28 days on market.

Overview

Exciting opening in exclusive luxury surroundings

A Toorak icon synonymous with luxury living, magnificent "Oakdene" offers only half floor residences and a penthouse in beautifully manicured oak tree gardens a short stroll from Toorak Village. On the third floor's prized northeast corner, this impeccably cared for apartment's generous three-bedroom, two-bathroom house-sized accommodation provide an exciting, move-in ready opening into this tightly held building. Clearly designed for the owner occupier, a superb sense of space is immediately created by a wide foyer entry with built in storage, while elevated ceilings and extensive glazing that ensures abundant natural light and maximum enjoyment of stunning tree top vistas throughout. Expansive, the north facing living/dining area opens into to a versatile sunroom with northern horizon views, served by a fully equipped granite kitchen complete with induction cooktop, wall oven and dining area. Generous storage abounds, and the adjacent laundry would easily accommodate a butler's pantry. Sited in the quiet rear of the building, two generous bedrooms each has its own en-suite and generous storage. The positively palatial main bedroom has its own sitting area, fitted walk-in robe, extensive custom storage and relaxing views across Toorak's leafy streets. A third bedroom/spacious study also enjoys a sun filled north view featuring the iconic Oak tree. Further highlights include a powder room, storeroom, multiple split heating/cooling units, intercom security, porte cochere building entry with secure foyer and return driveway, on site building manager and lift accessed secure basement double garage. Live a life of elegant refinement just short stroll from Toorak Village boutiques and eateries, with doorstep trams to elite private schools, the CBD, Arts Precinct and MCG, and easy access to major arterial links and the Monash Freeway. An exciting opportunity indeed.

Features

3 bedrooms
2 bathrooms
2 carspaces
Apartment

Estimated Value

Based on this property and similar 3 bedroom apartments sold in Toorak over the last 12 months, the estimated median property value of 3B/516 Toorak Road is $1.34m.

Median value
$1.34m
Estimated value range
$781k - $4.58m
Median days on market
29
Estimated value trend
12%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Toorak. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 3B/516 Toorak Road

2024
Sold
$1,500,000
Auction Sale on 08 May 2024 by Simon Lord, of Jellis Craig Balwyn

Happy sellers in Toorak

60%
60% of sellers in Toorak reported that their sale price either exceeded or met their price expectations.

Toorak stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 6 reviews in Toorak over the last 12 months.

Local market activity for 3 bedroom apartments in Toorak

In the last 12 months, 72 three-bedroom apartments similar to 3B/516 Toorak Road, have been sold.

This represents a 28% decrease in three-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Toorak

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Andrew James

Andrew James is a recommended agent for Toorak.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (366 reviews)
  •  3 Reviews in Toorak
  •  5 Sales in Toorak
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Lauchlan Waterfield

Lauchlan Waterfield is an award winning recommended agent for Toorak.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (588 reviews)
  •  3 Reviews in Toorak
  •  2 Sales in Toorak
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James Annett

James Annett is a recommended agent for Toorak.  They have 2 local sales and collected 3 local reviews across the last 12 months.

  •   4.9   (207 reviews)
  •  3 Reviews in Toorak
  •  2 Sales in Toorak
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Mark Konishi

Mark Konishi is a recommended agent for Toorak.  They have 1 local sale and collected 2 local reviews across the last 12 months.

  •   4.9   (336 reviews)
  •  2 Reviews in Toorak
  •  1 Sale in Toorak
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