Sir Rod Eddington sells 1930s Toorak home for $10.1 million

Property ObserverJuly 25, 20150 min read

The Melbourne businessman Sir Rod Eddington has sold his renovated 1930s Toorak home of the past eight years. 

More than $11 million was expected for the Ledbury Court property which came with pool and tennis court.

But Title Tattle gleans Chinese buyers paid $10.1 million.

The 2,154 square metre holding was bought by Sir Rod and his wife, Young Sook Park for $7.85 million in 2006 from the Ayre family who'd been there since paying $550,000 in 1980.

It was for sale through Kay & Burton's Michael Gibson.

The historic triple-storey mansion sits around a north-south tennis court, pool and cabana in manicured gardens. The four bedroom home comes with two studies, a gymnasium and conservatory.

The master suite has a super-sized dressing room.

Apparently the ground-floor study, with fireplace, is almost as big as the double garage. 

Melbourne businessman Sir Rod Eddington paid $6,175,000 to downsize Toorak homes.

The new acquisition of the contemporary abode (pictured below) was at a slight discount on its 2008 sale price of $6.3 million.

It was built by the developer Peter Gibson in 2007 to a design by architect Ilario Cortese.

Property Observer

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