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September 18.2025

2 Minutes Read

Discover The Toorak Mega-Mansion: An $80 Million Investment Opportunity Awaits

Aerial view of a Toorak mega-mansion estate opportunity.

Exploring the $80 Million Mega-Mansion Opportunity in Toorak

The luxury real estate market in Toorak, Melbourne's elite suburb, is witnessing a remarkable listing: a sprawling 6340 square meter property on Lansell Road, which combines two houses and a tennis court, currently available for expressions of interest with an estimated price tag between $80 million to $88 million. This presentation is not just a sale; it is a rare opportunity for both potential homeowners looking to create a luxurious estate and developers aiming to establish a landmark residential project.

Significant Landholding: A Dream for Buyers and Developers

Listed by Kay & Burton, this double allotment features two separate titles and is touted as exceptionally rare in a neighborhood where comparable properties without heritage overlays are few and far between. This opens up a world of possibilities, whether one envisions building a stunning personally designed estate or developing multiple high-end residences, subject to local council approvals. The potential is massive, considering the property stands unencumbered by heritage restrictions, a detail noted by managing director Ross Savas.

Recent Trends in Toorak's Luxury Market

Toorak has recently been in the spotlight for several high-profile real estate transactions. In 2022, cryptocurrency entrepreneur Ed Craven purchased a nearby property, nicknamed the “ghost mansion”, for over $80 million, setting a new benchmark for the area. His intention to construct a $150 million mega mansion only adds to the excitement surrounding real estate investment in one of Melbourne's most exclusive locations. Such sales illustrate an upward trend in high-value properties that investors and buyers find appealing.

Why This Listing Stands Out

The Lansell Road opportunity is significant not only for its size and location but because it offers a rare combination of luxury and flexibility. The current vendors, V-Leader managing director Andy Zhang and Miaomiao Zhang, originally intended to build their dream home but have pivoted to offer the properties as high-value investments, showcasing the evolving dynamics in luxury real estate exchanges. As prospective buyers consider their options, the allure of crafting a generational estate in one of Melbourne's premier addresses is compelling.

A Chance to Make Your Mark in Toorak

This opportunity will attract interest locally and internationally—both from individuals looking to make a grand statement with a personal estate and from developers seeking a prestige project. Engaging with this listing aligns perfectly with the current market trends that favor expansive luxury properties that facilitate creative development, making it an enticing prospect for savvy investors.

Real Estate Market Trends

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Discover The Toorak Mega-Mansion: An $80 Million Investment Opportunity Awaits

Exploring the $80 Million Mega-Mansion Opportunity in Toorak

Significant Landholding: A Dream for Buyers and Developers

Recent Trends in Toorak's Luxury Market

Why This Listing Stands Out

A Chance to Make Your Mark in Toorak

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