Page 3 - Michael Coppel News Today

It was built in 1868 for a shipping merchant who wanted a house on a hill so he could see his ships moving into and out of the bay. But with a complete renovation, it’s set for a new chapter.

The elegant home in Melbourne’s most exclusive neighbourhood last traded for $11.5 million in 2013, and has now found a buyer at about $22 million.

A stylish new home has been built on the site since it last traded four years ago, but the strong result shows Toorak buyers are willing to spend to secure their dream residence.

A stylish new home has been built on the site since it last traded four years ago, but the strong result shows Toorak buyers are willing to spend to secure their dream residence.

A stylish new home has been built on the site since it last traded four years ago, but the strong result shows Toorak buyers are willing to spend to secure their dream residence.

Bain & Company partner Chris Harrop has listed his elegant residence, complete with tennis court, pool, wine cellar and butler’s pantry all set on a spacious block.

Bain & Company partner Chris Harrop has listed his elegant residence, complete with tennis court, pool, wine cellar and butler’s pantry all set on a spacious block.

Bain & Company partner Chris Harrop has listed his elegant residence, complete with tennis court, pool, wine cellar and butler’s pantry all set on a spacious block.

With six lockdowns in two years, you’d be forgiven for thinking house prices in Toorak might have been treading water - but you’d be wrong.

With six lockdowns in two years, you’d be forgiven for thinking house prices in Toorak might have been treading water - but you’d be wrong.