Toorak: Riverfront mansion owned by Mitre 10 boss’ wife hits the market with $55m price hopes

1 month ago 17
Alesha Capone

Herald Sun

1 Edzell Ave, Toorak - for herald sun real estate 4 23 HIGH RES.jpg, Date received	15/10/2024 at 00:00

The riverfront Toorak mansion owned by the wife of former Mitre 10 boss is up for sale.


A jaw-dropping riverfront Toorak mansion owned by the wife of former Mitre 10 boss Mark Laidlaw has hit the market with a massive $50m-$55m price tag.

It’s the second house in the blue-chip suburb to enter the market with a $50m+ asking range in the past few days, after Estia Healthcare founder Peter Arvanitis and his wife Areti put their opulent home up for sale last week.

Mr Laidlaw spent a decade as chief executive of hardware chain Mitre 10 Australia and then served three years as Total Totals chairman, from 2020 to 2023.

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Records show the Laidlaws purchased their four-bedroom residence, which is held in Ms Laidlaw’s name, for $6.1m in 2013.

1 Edzell Ave, Toorak - for herald sun real estate 4 23 HIGH RES.jpg, Date received	15/10/2024 at 00:00

Inside the luxurious kitchen.


1 Edzell Ave, Toorak - for herald sun real estate 4 23 HIGH RES.jpg, Date received	15/10/2024 at 00:00

The outdoor entertaining area with fireplace.


1 Edzell Ave, Toorak - for herald sun real estate 4 23 HIGH RES.jpg, Date received	15/10/2024 at 00:00

Take a dip in the pool with a view.


The listing states the circa-1920s home on the Yarra River “has been completely rebuilt and transformed” in a project led by SJB Architects’ Andrew Parr.

Featuring an infinity pool with river views, boathouse and private jetty, materials used in the build include marble, timber, stone and aged bronze.

A media room with a built-in bar opens to the garden, while an outdoor stone terrace includes a pergola-covered dining area and an undercover space with a kitchen, heaters and an open fire.

1 Edzell Ave, Toorak - for herald sun real estate 4 23 HIGH RES.jpg, Date received	15/10/2024 at 00:00

The home has been ‘completely rebuilt and transformed”, according to the listing.


1 Edzell Ave, Toorak - for herald sun real estate 4 23 HIGH RES.jpg, Date received	15/10/2024 at 00:00

Another main living area.


1 Edzell Ave, Toorak - for herald sun real estate

The property also has a studio in the garden.


The house’s lower level boasts a gym, temperature-controlled wine cellar, four-car garage, powder room and office with a filing room.

Elsewhere there are also a lift, curved marble staircase, linen room and nursery, plus the main bedroom boasts a dressing room, ensuite and balcony.

The kitchen is fitted with marble benches, Gaggenau appliances, a Sub-Zero fridge and freezer, wine fridge and a butler’s pantry.

1 Edzell Ave, Toorak - for herald sun real estate

A study area, also with a great view.


1 Edzell Ave, Toorak - for herald sun real estate
1 Edzell Ave, Toorak - for herald sun real estate

The home could sell for $55m.


In the garden, there is a gazebo, plus a studio with its own kitchenette and powder room.

Marshall White’s Marcus Chiminello has the listing.

Melbourne’s house price record was set in 2022 when crypto king Ed Craven splashed $80m on a Toorak house.

Expressions of interest close at 1pm on November 11.


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