802 Orrong Road TOORAK

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802 Orrong Road TOORAK

Benefits

Panoramic views
Above average land size
Excellent natural light orientation
Excellent car access
Close to Water

Concerns

Poor street
Possible negative noise impact
Requiring significant additional cash to purchase price
Poor rental prospects
Mal James
Mal James
Principal Buyer Advocate
0408 107 988
mal@james.net.au

Comments on 802 Orrong Road TOORAK

Having been through the home I see the 802 Orrong Rd offering as land value.

The current proportions and floor plan of the building don't seem befitting of the overall; the new buyer will make that decision, of course - that is my opinion only and I recognise I will not be living there.

The next question for me then becomes, is the current shell suitable for renovation? 
Well, that in many ways can only be answered by the needs/wants of the new owner.
Are you looking for a classic, sweeping Toorak mansion?
If yes, then I think starting again is the superior option to working with what is there.
If something more humble is your wish, then with some further thought and a smart architect, this could be quite possible. A smart architect can do something with the façade; the style is one that some buyers in the area choose to retain - a sale a few years ago of a home in Kooyong Road comes to mind.

And so, a follow on question becomes - what would a new home look like and if important, what would that cost?
A single dwelling covenant, car access, freeway noise and light would be my starting points - all leading to any new home ending up positioned on the block where it is now - perhaps pushed a little further forward - if a tennis court is not critical.

The current gardens are extensive - a question is, are the gardens primarily to be looked at from the home? Are they gardens for quiet contemplation? or are they active gardens for pool, tennis and other sporting activities? The quiet contemplation aspect needs an individual/personal view with regards to freeway noise - the other garden uses seem fine.

And at some stage we will get to, is 802 Orrong my and my family's best option?

It abuts Towers lane, but is it a Towers road address? Its boundary is St Georges road - so is it the quality of a St Georges Road property? If finances are important - does the land and the building costs equate to the best use of the final sum expended? Buying as is and only applying a light touch - will the new owner be happy emotionally and financially in the longer term?

Something to talk about.

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4
Bedroom
4
Bathroom
3
Parkings
1,995sqm
Land Area
Floor Plan Agent

Private Sale

Quote $13,000,000 - $14,300,000

North Facing

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