'Darnlee' situated on approximately 3582sqm is surrounded by some of Victoria's finest estates with a 40m frontage is an excellent example of Melbourne’s Federation Queen Ann style of architecture.

Original features of the grand heritage listed Federation mansion include a conical tower, terracotta roof tiles, high decorative ceilings, a central domed skylight, and stunning original lead lighting and fireplaces throughout.

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Speaking to LUXURY LIST Antoinette Nido said "This is a significant property in one of Toorak's most prestigious boulevards. It is currently configuered as a 47-room nursing home and was offered with vacant possession."

"The unique estate attracted solid interest during the five-week EOI campaign. Because of the unusual nature of the property we decided on a slightly longer campaign to get the best result for the vendors, Blue Cross Properties." 

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There were 55 registered buyers and inpections by 25 parties with a budget of $20Million - $30Million.

At the conclusion of the campaign there were 6 bidders with 6 offers submitted and 5 potential buyers missing out. The property was sold to a local buyer within the quoted $20-$22Million price range.

"This is an extraordinary result given that the property requires significant renovation to reinstate it to its former glory as a single luxury home." Antoinette continued, " The result is a reflection of the continued strength of the top end market."

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Throughout its history, Darnlee has been well preserved by several institutional owners including the Red Cross and the Teachers College. 

In 1997 a three-level nursing home facility was built at the rear of the original mansion and houses most of the 47 ensuited bedrooms, 12 with private balconies, a salon, multiple living and dining areas, with lift access throughout.

The living areas open to outdoor entertainment terraces and courtyards set in beautifully manicured gardens. 

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Additional features include 10 car parks, a commercial chefs' kitchen, security system, hydronic heating, and air-conditioning.

Close to Toorak Village with easy access to Heyington Station, Toorak Road trams and leading Melbourne schools.

"This is a significant result for a female agent, we are increasingly attracting the high-end listings with excellent results." Antoinette concluded.

Antoinette is the recipient of the REIV Outstanding Agent award for 2021 and 2022

Source: RT Edgar

For more information and to view listing click here.

This property was listed by Antoinette Nido of RT Edgar Toorak.

To discuss marketing or similar properties for sale, phone or email Anotinette Nido of RT Edgar or Jeremy Fox of RT Edgar via the contact form below.

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