A “very Hollywood” mid-century style Toorak house has hit the market with a jaw-dropping $58.5m-$64m price guide.
Measuring almost 6000sq m, the 58 Hopetoun Rd estate featuring extensive botanical gardens, a tennis court and pool is the fourth $50m+ property to be listed in the prestigious suburb this month.
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The wife of former Mitre 10 boss Mark Laidlaw, Sarah Laidlaw, is selling a mansion with a$50m-$55m asking range, while Estia Healthcare founder Peter Arvanitis and wife Areti are also looking to bid farewell to their Toorak pad for $50m-$55m.
And the Myer family, the richlisters behind the retail empire bearing their name, have listed a Toorak estate with a $96m-$105m asking range.
Melbourne’s house price record was set when crypto king Ed Craven splashed $80m on a Toorak house in 2022.
Forbes Global Properties’ director Michael Gibson described the Hopetoun Rd abode’s interiors “very American and very Hollywood”.
“It’s a very groovy house,” Mr Gibson said.
The five-bedroom residence boasts a curved staircase, bar and one the four bathrooms that even has a bathtub with a small chandelier hanging above it.
The Bursztyn family have lived at the estate since the early 1980s.
A property investor, the late Joe Bursztyn formerly owned St Kilda Rd’s Royce Hotel, a building on the Toorak Rd and Chapel St corner that was previously tenanted to fashion label Country Rd, a Geelong office building and a Queensland supermarket.
Mr Gibson said the property was likely one of Toorak’s top 10 largest private land holdings.
He added that the home would likely attract buyers who wanted to renovate or knock it down to build a new residence, subject to council approval.
“It offers the scale and scope to be the stage to just about any kind of future – whether the decision is made to continue to magnificent modernist legacy or begin a new chapter,” Mr Gibson said.
The house was designed by noted architect Theodore Berman, known for projects including Melbourne’s first purpose-built tenpin bowling alley on Glenferrie Rd in Hawthorn and Australia’s first triple-storey motel, built on Royal Pde in 1962.
Mr Gibson has the listing alongside fellow Forbes Global Properties’ agent Robert Fletcher.
The house is for sale via expressions of interest closing on November 27.
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