1920s Toorak house sold for $5.5 million

A four bedroom Toorak trophy home has been sold for $5.5 million, the highest priced result in Melbourne at the weekend auctions.

Located at 684 Orrong Road, the property is situated on 877 sqm of land on its Stradbroke Avenue corner lot.

It was marketed with a price guide of $4 million plus.

Built in 1923, the solid brick residence was marketed as available for immediate residency, renovation or development as apartments or townhouses.

It features beamed ceilings and timber floors that are displayed through the reception hall.

The living room has a wood fire heater and dining room opening to the private northwest garden that has a 12 meter solar heated lap pool.

The ground floor main bedroom has an en-suite, built in robes and a private courtyard that features a fish pond.

Toorak Village is within walking distance from the house which has undercover parking for five cars.

The property was offered through Marshall White agents Richard Mackinnon and Fraser Cahill.