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1/8 Wallace Avenue, Toorak VIC 3142

Private Sale

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$8M - $9M Medium Confidence Calculated based on our search observations.

Apartment 3 Beds 3 Baths 2 Cars 341 m²

Listed: 12 days ago

Updated: 2 hours ago

Overview

This exquisite residence at 8 Wallace Avenue, Toorak, seamlessly blends the intimacy of a private home with the elegance of contemporary architecture and the hospitality of a world-class hotel. Located in the heart of Toorak Village, a prestigious and well-established neighbourhood, it offers an exceptional lifestyle marked by convenience and timeless design.

The home is crafted by acclaimed global architect Tony Battersby with landscape design by Jack Merlo, resulting in interiors rich with natural stone, finely grained timber, and gentle architectural curves that create a harmonious and sophisticated environment. The living spaces prioritize ease and connection, featuring generous areas that flow effortlessly onto a private outdoor terrace — ideal for both intimate evenings and entertaining larger groups.

At the heart of the residence, the kitchen stands out as a sculptural centerpiece with a marble island, bespoke timber cabinetry, and premium Gaggenau and Liebherr appliances. Complemented by a separate butler’s kitchen, it supports seamless hospitality without compromising on aesthetics.

The residence offers three generously sized bedrooms including a principal suite complete with a walk-in wardrobe and a meticulously designed ensuite. Bathrooms exhibit a refined blend of richly veined stone and sculptural fittings that elevate daily living.

A distinctive luxury of this property is the dedicated concierge and valet services, available six days a week, providing a level of personal attention typically reserved for the world’s finest hotels. This arrangement brings peace of mind and effortless living, whether the home serves as a permanent base or a city sanctuary.

Spanning approximately 341 square meters of combined indoor and outdoor space, the property includes ample secure parking for two vehicles. It offers the generous proportions and privacy of a substantial home without the associated maintenance burden, appealing to those seeking a refined downsizing option or a sophisticated city residence that balances comfort, style, and lifestyle.

With Toorak Village’s boutique shops, acclaimed dining, and cultural amenities just steps away, this residence positions residents within a vibrant and enduring community. This is a rare offering representing a sophisticated new perspective on luxury living in one of Melbourne’s most coveted locales.

Local Market Insights

In Toorak, Quiet Listings observed 15 new apartments entering the market over the last 30 days, up from 11 during the previous 30-day period, with an average advertised asking price of $2,326,000. The property type mix of listed properties is predominantly Houses at 47%, followed by apartments (44%), and units (3%). The most active agency for apartments in the Toorak area is currently Kay & Burton, representing 20% of new listings, followed by Marshall White with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.