Prestige Property: 60 Hopetoun Road, Toorak, VIC
A palatial mansion in Melbourne’s dress circle.
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Residences the calibre of 60 Hopetoun Road are rare to market.
The sale of the three-storey, 3000sqm, colonnaded pile represents the first time in 25 years one of Melbourne’s finest homes has been offered to the market.
Located in arguably the most enviable locale in Melbourne, the 6-bedroom, 7-bathroom, 9-car garage residence – owned by famed music promoter Michael Coppel – is replete with manicured gardens, stunning pool area and tennis court.
Rising from the street – on a sweeping return driveway, no less – the residences timeless architecture and sheer size is awe-inspiring.
Inside, a soaring lobby and staircase impart grandeur and opulence, welcoming one into a home that is as flexible as it is luxurious.
A formal sitting room connects the custom office and den – with parquet timber flooring underfoot.
Elsewhere sees a formal dining room, well-designed open plan kitchen combine dining areas with informal living.
The kitchen is privy to a large butler’s pantry with laundry and adjoining cool room – ideal for private chefs or large catered events.
The entertainment room is serviced by its own bathroom with all common spaces leading seamlessly to the lush, tropical outdoor entertaining and dining area, aforementioned swimming pool, cabana and tennis court.
Further, the home offers a bounty of bedrooms including a palatial main bedroom suite that features a substantial dressing room, ensuite, private gym and rooftop sun terrace.
On the lowest level, the residence sees a garage for nine vehicles alongside a cellar and dark room. A private lift gives access to all floors.
The listing is with Marshall White’s Marcus Chiminello (+61 411 411 271) and Nicole French (+61 417 571 505, price guide; $30-$33 million. Marshallwhite.com.au
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Australian auction sales warm up week on week as temperatures cool
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In signs that confidence is returning to the Australian property market, the combined capitals recorded their highest preliminary clearance rates since April last year, CoreLogic reports.
More than 2,290 homes went to market across capital cities last weekend with early data revealing a 71 percent clearance rate. This compares with a revised clearance rate of 64.2 percent last week. It marks the second busiest auction week to date this year.
Melbourne led the way, with 1,122 homes taken to auction. Of the 916 results collected so far, 73.5 percent were successful. It was a similar story in Sydney, with 791 homes to go under the hammer. Preliminary results indicate a clearance rate of 71.5 percent.
The smaller capitals including Brisbane, Adelaide and Canberra all experienced higher clearance rates week on week, with Adelaide out in front at 78.6 percent. It was a less spectacular result in Canberra, with a 59 percent clearance rate and in Brisbane at 56 percent.
In Perth, just three of the 13 auctions tallied so far were successful.
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