Middle Park terrace sold for $5 million plus

A beachfront esplanade terrace at Middle Park was the nation's top sale of a weekend auction listing at $5 million plus.

The Beaconsfield Parade terrace - formerly owned by Collingwood player now Collingwood coach Nathan Buckley - sold shortly after being passed in without bid.

Its subsequent sale - at an undisclosed price - matched expectations held by Cayzer agent Michael Szulc for the three bedroom modernised terrace.

It was sold by Buckley for $3.6 million in 2007 when the now Collingwood coach and his wife Tania moved to their $3.93 million Toorak home.

It had traded at $1.38 million in 2001.