Surprised wife refuses to move, so Toorak unrenovated home resold

A five bedroom home at 150 Kooyong Road, Toorak was resold at weekend auction for $3,382,000, just nine weeks after it was sold for $3.29 million.

It seems the local vendor, a cosmetics industry veteran who lives diagonally opposite, had little choice but to put it on the market again.

“He bought without his wife seeing it,” said Beller Residential listing agent Max Bevacqua who had the listing both times.

“She wasn’t interested in renovating another property. It happens quite often,” he told the Australian Financial Review.

The late August buyer had settled and paid the $181,000 Victorian stamp duty.

It had been bought at auction in late August for $3.29 million.

The five bedroom, four bathroom house on a corner 685 square metre block was billed as a future family dream home or an opportunity for a “creative builder, developer or interior designer”.

It also sold at $2.85 million in September last year after which was available for rent at $1,800 a week.