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From $284k to $6.5m, legacy sale crowns coveted corner
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7NEWS
A coveted Toorak residence has sold for $6.51 million under the hammer, drawing a crowd of 120 to 65 Irving Road on a mild spring morning.
The single-level home, positioned on a 674 square metre corner allotment with prized northerly orientation, attracted five registered bidders.
Two parties went head-to-head in a fierce contest, with an opening offer of $5.5 million quickly accelerating in $100,000 strides.
"It is a once-in-a-generation opportunity on one of Toorak's finest addresses, and buyers recognised the chance to secure both position and scope."
Sydney led the auction activity this week, with 1,171 homes taken to the hammer, marking a 28 percent jump from the previous week.