The Best Time in History to Buy in Montalto Avenue
Rarely does one property come up for sale in Montalto Avenue, so tightly held is this exclusive pocket of Toorak.
Rarely does one property come up for sale in Montalto Avenue, so tightly held is this exclusive pocket of Toorak. To have a choice of five properties at the one time is unheard of. Yet by sheer coincidence there are currently five beautiful properties for sale in the Liquid Amber-lined avenue, a tranquil square entered from both Orrong Road and Canterbury Rd.
Marshall White partner, Richard Mackinnon, is a former resident of the avenue and currently the agent for two of the properties for sale. He said that the pocket is one of Toorak’s “best kept secrets”. It’s quiet enough for children to play in the street yet only moments from popular Toorak Village. Distinctive 1920’s and 1930’s architectural themes predominate in the pocket where homes are often sold quietly off market or passed down through families.
According to Richard, the owners of number 2 are downsizing. Their English style manor set within 950sqm approx. was the former Icelandic Embassy. Designed by architect C.Stewart Russell in 1932, it is being sold privately by Marshall White for a price of $6.3 million.
Another long time resident, the owner of number 8, is also moving to a smaller property now that her children have left home. Within a magnificent north-facing garden and pool setting, the elegant property is being sold by Marshall White in an expressions of interest campaign closing on the 25th of June with price expectations of $6-6.6 million.
Marshall White director, Marcus Chiminello is selling number 25 in conjunction with Jellis Craig. The classic English style family residence has undergone a masterful renovation by Hecker Guthrie. The expressions of interest campaign closes on June 29 with price expectations of $6.8 – 7.3 million.
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Life in Toorak is one of exclusivity. As the postcode of choice for Melbourne’s elite, it’s a suburb without compromise. It features designer shopping strips, private schools and a plethora of fine dining restaurants, ticking all the boxes for well-heeled locals. Toorak’s proudest boasts are its magnificent homes, hilly and curved streets canopied by luscious trees, and spacious parks just a stone’s throw away. With the finer things in life within easy reach, this storybook suburb offers an appealing glimpse into how the other half live.