Property of the week: 1 Edzell Avenue, Toorak
A rare riverfront position is just the start to the luxury offering at this Melbourne trophy home
2 min
Only four properties on coveted Edzell Avenue reach the Yarra River waterfront, so the arrival of this newly rebuilt residence at number 1 is a prize catch. So rare is the riverfront position, and the unique redesign by Andrew Parr of SJB Architects, that Marshall White Stonnington has listed the Toorak trophy home with a head-turning price guide of $50 million to $55 million.
The prestige property will be firmly placed in the top residential price bracket for Melbourne, but is still far from the giddy heights of the Victorian capital’s benchmark of the $80 million spent by crypto king Ed Craven on his Toorak pile in 2022.
A complete transformation of an original 1920s house, this stately home still holds much of its old world glamour but also showcases the best of what money can buy a century later.
And that cash comes from an owner who knows a little about renovations — title records reveal the period property was bought in 2013 by Sarah Laidlaw, wife of former Mitre 10 boss Mark Laidlaw. After purchasing for $6.1 million, the Laidlaws’ transformation has injected a sophisticated aesthetic complementing its glamorous historic facade.
The river sits centre stage with an uninterrupted outlook from most rooms of the house, as well as the private jetty and rare Melbourne boathouse, capturing Burnley golf course and the city skyline.
Beyond a stately reception hall the living areas have been carefully remastered on a grand scale with a choice of entertaining spaces opening to the great outdoors.
The palatial dining and living rooms have fireplaces and aged–bronze archways framing the river panorama and an expansive north west–facing stone terrace with pergola, barbecue kitchen, heaters and an outdoor fire. A media room and bar also spill out onto the landscaped gardens and for further entertaining the cantilevered heated infinity pool and spa seemingly hover above the Yarra.
In the state-of-the-art kitchen there are Pilbara marble benches, Gaggenau appliances, an integrated Sub-Zero fridge/freezer, wine fridge and a butler’s pantry.
Up the curved marble staircase, or via the private lift, the accommodation level includes three bedrooms with ensuites and built–ins plus a palatial primary suite complete with a gas fire, indulgent dressing room, deluxe marble bathroom and balcony overlooking the water and golfing green.
Down on the lower level, the property also features a gym, temperature-controlled wine cellar and executive home office with and independent street entry.
The rare piece de resistance for the riverside residence is the large river deck with a self-contained timber–lined retreat with kitchenette and ensuite. Below that is a personal boatshed with a slipway, one of only a handful of privately–owned jetties in Toorak.
Additional five star features include Control4 home automation, an alarm with CCTV and a video intercom, as well as hydronic heating, reverse-cycle air-conditioning, ducted vacuuming, full irrigation and a four-car lock up garage.
The Toorak residence is listed through an expressions of interest campaign closing at 1pm on November 11 via Marcus Chiminello, Nicole French and Alan Crawford of Marshall White Stonnington.
For Central Element, the start of work at Pearl represents another step in the company’s growing eastern suburbs pipeline.
All three vehicles will form part of a broader charitable initiative benefiting Big Brothers Big Sisters of America, the American Red Cross and Starlight Children’s Foundation
Completed in 2025 by Wolveridge Architects and S. Smith Builders, this extraordinary 51-acre Mornington Peninsula estate combines award-recognised architecture, genuine farming infrastructure and remarkable self-sufficiency.
4 min
A long, winding driveway beneath mature gums provides the first indication that The Farm is not a conventional Mornington Peninsula country property.
Rather than immediately revealing the residence, the approach follows the contours of the landscape, moving through established woodland before the house emerges in a secluded clearing at 515 Tucks Road, Shoreham.
Completed in 2025, the five-bedroom estate has now been listed through Buxton’s James Redfern and Holly Longmuir with expressions of interest and an indicative price range of $18 million to $19.8 million.
At the upper end of that guide, the property could establish a new residential record for Shoreham. The existing benchmark has been reported at $16.5 million.
Set across approximately 20.64 hectares—or about 51 acres—The Farm is a contemporary interpretation of the Australian rural homestead, designed by Wolveridge Architects and constructed by award-winning Mornington Peninsula builder S. Smith Builders.
The property’s vendors, builders Vicki and Steve Smith, reportedly acquired the land through Smith Investments Australia for $4.2 million in 2019. They moved into the completed home in April 2025 and are now selling as they prepare to relocate to Portsea.
A farmhouse reduced to two buildings
Rather than allowing the estate to develop as a scattered collection of rural structures, Wolveridge Architects consolidated its principal functions into two carefully positioned buildings: the main residence and a substantial farm shed.
The structures face a broad central forecourt and sit within a larger composition of native woodland, productive pasture and views towards Western Port Bay.
It is an approach informed by the way Australian farms traditionally evolve, but made more deliberate. Instead of accumulated sheds and outbuildings, the property presents as a resolved architectural precinct.
The principal residence spans approximately 638 square metres. Its defining feature is an inverted radial roofline supported by a visible grid of ironbark posts and beams.
The roof rises towards the tree canopy and open sky, lending an unexpected lightness to a house of considerable scale. Blackbutt cladding, extensive glazing and timber detailing further soften the relationship between the building and its surroundings.
Wolveridge Architects describes the property’s location as Bunurong country and credits Jerry Wolveridge, Laura Tindall and Jessica Corbett as members of the project team.
The Farm was shortlisted in the New House Over 200 Square Metres category of the 2026 Houses Awards and in the Living Space category of the 2026 INDE Awards. Its published architectural photography is by Jack Carlin.
Designed around the landscape
Throughout the house, long internal sightlines and carefully framed openings maintain a connection with the surrounding gums, paddocks and distant water.
The central living, dining and kitchen space sits beneath soaring timber-lined ceilings. A monumental fireplace formed from Dromana granite anchors the room, while a second wood-burning fireplace serves a more intimate living zone.
The kitchen combines stained Tasmanian oak cabinetry with Austral Dream Dolomite and Pilbara Green Dolomite surfaces. A suite of Swiss V-Zug appliances supports its practical role, while a temperature-controlled, timber-lined wine cellar provides a dedicated space for collectors.
Belgian French oak flooring, Swiss wool carpet, Eco Outdoor stone paving, brushed-nickel fittings and extensive custom joinery continue the natural, materially rich palette.
A sheltered internal courtyard introduces northern light into the centre of the floor plan. Conceived as a protected garden within the wider landscape, it provides an outdoor space removed from the property’s more exposed rural environment.
The architecture repeatedly shifts between those two conditions: the openness of a large rural holding and the security of carefully protected interior and courtyard spaces.
A resort within a working estate
The Farm’s lifestyle credentials extend well beyond its principal living areas.
A fully tiled 14-metre swimming pool and adjoining spa sit within landscaped surrounds, creating a private resort zone connected to multiple outdoor entertaining spaces.
The grounds include indigenous planting, native woodland and productive pasture, together with approximately 591 metres of frontage to Stony Creek.
A separate 216-square-metre farm shed, fencing, cattle infrastructure, water systems and multiple access points ensure the estate has genuine rural capability. This is not merely a large house styled to resemble a farm.
Technology has been integrated throughout the property via a Control4 system governing lighting, climate, security, gates, blinds, irrigation and pool functions. The house also includes hydronic heating, zoned reverse-cycle airconditioning, motorised window furnishings, monitored security, video intercom and Starlink connectivity.
Its sustainability infrastructure is similarly substantial. More than 235,000 litres of water storage is paired with a 70-panel, 30.8kWp solar system, Tesla Powerwall battery storage and electric-vehicle charging.
The result is a house capable of delivering the comfort and automation expected of a contemporary trophy residence while maintaining a high degree of self-sufficiency.
That balance may be The Farm’s greatest achievement. Despite its scale, luxury finishes and extensive technology, the residence does not attempt to overpower its setting.
Its architecture instead directs attention outwards—to the tree canopy, the cattle in the paddocks, Western Port Bay and the changing conditions of the surrounding landscape.
For buyers seeking a private Mornington Peninsula estate with architectural credibility and room for a genuine rural life, The Farm represents one of the region’s most compelling new offerings.
The Farm at a glance
- Address: 515 Tucks Road, Shoreham, Victoria
- Property type: Acreage/semi-rural estate
- Price guide: $18 million to $19.8 million
- Sale method: Expressions of interest
- Bedrooms: Five
- Bathrooms: Five
- Parking: Five cars
- Land: Approximately 20.64 hectares or 51 acres
- Residence: Approximately 638sqm
- Farm shed: Approximately 216sqm
- Architect: Wolveridge Architects
- Builder: S. Smith Builders
- Completed: 2025
- Pool: Fully tiled 14-metre pool with adjoining spa
- Creek frontage: Approximately 591 metres to Stony Creek
- Water storage: More than 235,000 litres
- Energy: 70-panel, 30.8kWp solar system with Tesla Powerwall storage
- Selling agents: James Redfern and Holly Longmuir, Buxton Mornington Peninsula–Flinders
- Listing: View the live property campaign
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