Idylwilde, 16 St Georges Road, Toorak villa demolished
The Toorak property, 16 St Georges Road, one of Melbourne’s most significant homes, has been demolished after being sold through Kay & Burton in 2013.
Idylwilde, the historic 1913 Edwardian villa with art nouveau influences, aka Ulva, was bulldozed by the Chinese tycoon Wang Hua, from the Jeshing Group and his wife, Xiao "Kylie" Yan Bao who bought for $18.58 million from LU Simon boss Peter Devitt with intentions to demolish.
It sits on just about an acre, the home of LU Simon building company director Peter Devitt and his wife Jo and their family for the 16 years.
It was marketed internationally via a short film produced by Golden Eye Media.
The St Georges Road property is a 4257 square metre block with what was a highly regarded art nouveau villa.
The mainland Chinese buyer flew into Melbourne on their private jet to put the signature on the sales contract.