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Chinese families buy a rare mansion in Toorak, Melbourne

 18 Oct 2016

Australian Financial Times: Chinese families buy a rare Big House in Melbourne`s Toorak

In Melbourne, Victoria, a Chinese-American family bought a luxury home in Albany Road, the noblest and best-off section of Toorak, for A $6.25 million.

The one-way house is sold out of the market and is very rare and rare.

The address of this three-bedroom is 17 Albany Road,Toorak

The owner is Elizabeth Briskin..

She is the mother of Melbourne retail store king David Briskin.

David Briskin owns Melbourne brand Sass & Bide, M.J. Bale and Mimco

Albany Road is the most prominent way to Toorak in Melbourne.

It is home to Victoria and even Australia`s most famous merchants and wealthy people.

These include the mall tycoon John Gandel, whose mansion is separated by only a few numbers.

He has lived here for 25 years.

There are also these rich people on Australia`s list of rich people who live on this road:

1. Solomon Lew

2. Ron Walker

3. Lindsay Fox

Other tycoons live in St Georges Road, another famous street next door, such as Harry Stamoulis, a super-property developer, where his A $70 million-worth giant mansion is located.

Melbourne`s Toorak district is home to the vast majority of the state`s rich.

The 17 Albany Road of the two floors is sold by auction.

There are a lot of potential buyers at the weekend to watch and participate in the auction.

Four of them compete fiercely for this rare mansion.

David Morrell, owner of Morrell & Koren, a buyer`s agency, said any luxury home in Melbourne`s super-mansion area was a hit for anything below the A $10 million price.

The floor price for 17 Albany Road luxury homes is A $5.4 million.

The final sale of 6.25 million is a good price.

*This article does not represent the views of us.

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