The residential transformation of St Kilda Road is set to continue into with more new apartment plans for the sought-after boulevard.

Wing Tai Asia has lodged plans for a major residential tower at 464-466 St Kilda Road, replacing the former VACC House with an 18-storey mixed-use development designed around a retained heritage podium and a sculpted contemporary tower.

The proposal, prepared under Victoria’s Significant Residential Development with Affordable Housing pathway, would deliver 325 apartments and ground-floor retail across the prominent 4,653 sqm boulevard site in Melbourne’s St Kilda Road North Precinct.

The project centres on the adaptive reuse of the site’s heritage-listed VACC Building, an eight-storey office designed by Bernard Evans that has occupied the address for decades. Planning documents state the development would involve “carefully dismantling and conserving off-site the original metal fabric of the podium visible from St Kilda Road,” before reinstating it as the defining frontage of the new scheme.

Above the restored podium, Wing Tai is proposing a curvilinear residential tower. The scheme includes 172 one-bedroom apartments, 63 two-bedroom apartments, 66 three-bedroom apartments, and 24 four-bedroom apartments, alongside two ground-floor food and beverage tenancies fronting St Kilda Road.

The tower has been designed with substantial articulation and variable setbacks to minimise perceived bulk and maintain view corridors along the boulevard. Urbis, which prepared the planning report, said the design “has been significantly articulated through a curvilinear design” with “an interplay with materials, façade expression and depth” to create visual separation and visual interest.

The proposal also includes 254 basement car spaces, landscaped pedestrian links connecting St Kilda Road and Queens Lane, and a biophilic landscape strategy featuring canopy trees, raised planters, cascading greenery and a glass oculus pool overlooking the eastern frontage.

Planning documents confirm the $270.1 million development will contribute 3 per cent of project costs to the Social Housing Growth Fund as part of the application process.

Wing Tai acquired the St Kilda Road property in 2018 alongside Abacus Property Group for $95.38 million, before later consolidating ownership of the site. The property previously served as the Victorian Automobile Chamber of Commerce headquarters for around 60 years.

The transformation of the St Kilda Rd boulevard is already beginning to materialise, with a number of high-profile projects recently completed, launched, or approaching launch as developers continue to back the long-term appeal of the precinct.

Among the most notable recent completions is Louise by Samuel Property Group, just off the strip on Queens Lane, the same pocket Hirsch &amp; Faigen recently launched The Queensbury. Mirvac is too on the same street with The Albertine, which is approaching completion.

Dexus recently secured approval for its slice of St Kilda Road, while Gurner also has approved plans for the precinct.

Joel Robinson

Wing Tai unveils 325-apartment St Kilda Road tower on former VACC House site

Malaysian developer <a href="https://www.apartments.com.au/developers/s-p-setia">SP Setia</a> is the latest to jump into St Leonards booming Transport Oriented Development precinct.

The developer, which has previously delivered Sapphire by the Gardens apartment development in Melbourne, identified the Atchison Street site in 2023. It filed a Scoping Report around 12 months ago, and now has revealed the designs for the new&nbsp;40-storey mixed-use tower.

The State Significant Development Application covers <a href="https://next-portal.urban.com.au/projects/14650/summary">20-22 Atchison Street</a>, a 1,374 sqm site positioned between St Leonards Station and the new Crows Nest Metro station.

Designed by <a href="https://www.apartments.com.au/architects/cox-architecture">COX Architecture</a>, the project would deliver 181 apartments, above a four-storey commercial podium, five basement levels, and new public domain works along Mitchell Street. The apartment mix comprises 35 one-bedroom apartments, 39 one-bedroom-plus-study apartments, 85 two-bedroom apartments, and 22 three-bedroom residences.

The proposal has been lodged as a shop-top housing development under the NSW Government’s TOD planning pathway, which allows increased density around key transport infrastructure. The site sits within the recently rezoned Crows Nest Accelerated TOD Precinct.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b799673d-48e2-46b0-801a-0e33a9330100" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20site.png?VersionId=dPh0UfwfaHpbFL1R7H1cbZNbIW0CHbCC" />

SP Setia acquired the Atchison Street site as part of its continued expansion into the Australian apartment market. In comments made to City &amp; Country (The Edge Malaysia) in 2023, SP Setia President and CEO Datuk Choong Kai Wai described the acquisition as “a strategic move” aligned with the group’s post-pandemic market recovery strategy.

“Our target for this exceptional development is local and overseas buyers, including first-home buyers, downsizers and investors,” Choong said.

The tower has been designed as a slender vertical form rising from a mixed-use podium, with COX Architecture positioning the development as a response to the evolving St Leonards and Crows Nest skyline.

“The purpose of the project is to facilitate the delivery of high-quality housing at a strategically located site and deliver a built tower outcome that is consistent with the desired future character of St Leonards and aligns with the TOD controls,” the design report stated.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="b1a85eee-76f7-436c-a6da-73ba827b9b13" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/atchinson%20entry.png?VersionId=dA9jHGPMcm.dDbwk4QfxqWiY5bfh3UVt" />

The podium would incorporate retail uses fronting Atchison Street, commercial tenancies, landscaped communal areas, and pedestrian improvements along Mitchell Street. Vehicle access and loading would be consolidated via Atchison Lane.

Residents would have access to more than 665 sqm of communal indoor and outdoor spaces, while the development proposes 96 parking spaces across five basement levels.

The proposal also includes a commitment for 10 per cent of residential floor space to be allocated toward affordable housing through a monetary contribution.

COX said the tower form responds directly to the emerging high-density character of the precinct while seeking to maximise solar access, cross ventilation, and outlook from apartments.

<img alt="First look: SP Setia targets St Leonards skyline with 40-storey TOD tower" data-entity-type="file" data-entity-uuid="2163f85c-f63b-4be3-aafa-f8763976cec5" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/Article%20Feature%20Image%20%28Grid%29_5.png?VersionId=WiAmtIKJ6.ZQ41EtYEQ1fol7AeorKBlL" />

“The building is orientated towards north,” the Apartment Design Guide compliance report noted, adding that the tower’s slim form was driven by the constrained inner-urban site dimensions.

The design also incorporates landscaped setbacks and communal open space at podium level, intended to soften the interface with surrounding streets and improve pedestrian amenity.

The project adds to a growing wave of redevelopment proposals reshaping St Leonards and Crows Nest following the opening of the Sydney Metro City line and the NSW Government’s push for higher-density housing around major transport nodes.

Last week Stockland filed plans just down the road. They want to build a <a href="https://www.apartments.com.au/new-apartments/601-pacific-highway-st-leonards-nsw-2065">52-storey tower on Pacific Highway</a>.

Read more:&nbsp;<a href="https://www.apartments.com.au/news/nsw/first-look-stockland-plans-52-storey-538-apartment-st-leonards-tower">First look: Stockland plans 52-storey, 538-apartment St Leonards tower&nbsp;</a>

First look: SP Setia targets St Leonards skyline with 40-storey TOD tower

<a href="https://www.apartments.com.au/developers/urban-property-group">Urban Property Group</a> has revealed plans for a new mixed-use tower at 10 Dangar Street, Wickham, advancing a proposal that would reshape the southern gateway to Newcastle’s city centre with one of the city’s tallest residential buildings.

The State Significant Development proposal, now on exhibition, seeks approval for a <a href="https://www.apartments.com.au/new-apartments/bowline-10-dangar-street-wickham-nsw-2293">43-storey tower</a> immediately adjacent to the Newcastle Interchange. The project would deliver around 200 apartments, including 42 affordable housing dwellings, alongside 99 co-living units, a 171-room hotel, retail space, and new public domain integrated through the site.

The scheme marks a significant escalation of plans previously approved for the site. Urban Property Group took over the prominent 2,904 sqm parcel, where excavation and demolition had already commenced under an earlier consent for a 14-storey mixed-use development.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="58a96dd9-407f-4d20-86b4-94e4bfeef74b" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20podium.png?VersionId=LGlf08pdFGAZDzvx_CXC4XakHNZRuEE0" />

Designed by <a href="https://www.apartments.com.au/architects/sjb-architects">SJB</a>, the tower has been conceived as a landmark transit-oriented development anchored to the Newcastle Interchange precinct. The proposal includes 245 build-to-sell apartments across a mix of one, two, and three-bedroom residences, as well as two penthouses. Fifteen apartments and one operational unit are earmarked for NDIS housing. The co-living component would add a further 99 units, while the podium would accommodate retail uses and hotel facilities.

SJB said the site presents “a valuable opportunity to anchor the precinct by setting the standard for design, active ground planes and character at the key southern gateway.”

The architecture responds directly to the site’s position beside major transport infrastructure and within one of Newcastle’s fastest-evolving urban renewal precincts. The tower form sits above a sculpted podium designed to frame new public spaces, including a through-site pedestrian link connecting Station Street to Hannell Street, landscaped plazas, and activated retail edges.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="a7bd6ff0-f7db-4ce8-a6dc-ea56e72c6149" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20lanne.png?VersionId=xzf39VADyhj7zBQY2I9fx9vI62u2tuSb" />

The design report describes the project as part of the broader transition of Wickham into “a vibrant, high-quality mixed-use urban precinct” that leverages proximity to the station, open space, and regional connectivity.

A detailed public art strategy has also been prepared for the development. The strategy positions the project as “a transit-oriented development of state significance at the gateway to Newcastle’s city centre” and outlines a series of integrated artworks responding to Newcastle’s industrial and transport heritage.

Creative Road’s curatorial framework for the project, titled Unveil, draws on “stratified surfaces, carved volumes, and light-filled apertures” while referencing Newcastle’s transformation from an industrial city into a contemporary education and technology hub.

<img alt="First look: Urban Property Group unveils Newcastle’s next supertower at Wickham interchange" data-entity-type="file" data-entity-uuid="77a882bb-14b1-4d28-99ff-9438e39508c0" src="https://s3.ap-southeast-2.amazonaws.com/www.urban.com.au/s3fs-public/inline-images/wickham%20site.png?VersionId=cevgo_vN0eKPK78P8YcEu3mKPLkpFqE7" />

The proposal is being advanced through the NSW Housing Delivery Authority pathway after being declared State Significant Development in June 2025. The accompanying scoping report states the development aims to “maximise the site’s proximity to the Newcastle Interchange by delivering transit-oriented development” while increasing housing supply and affordable housing provision within the Newcastle LGA.

Urban Property Group’s plans align with the long-term strategic vision established under the Wickham Master Plan, which identified the interchange precinct as suitable for substantial uplift in height and density. The current proposal would significantly intensify that vision, positioning the tower among the tallest developments proposed for Newcastle.

The site sits immediately north of the Newcastle Interchange, bounded by Dangar Street, Hannell Street, and Charles Street. It is surrounded by a rapidly growing cluster of residential towers and mixed-use projects that have emerged following the completion of the light rail and transport interchange.

First look: Urban Property Group unveils Newcastle’s latest tower at Wickham interchange

Bottega House has completed settlement of a landmark riverfront site in Macquarie Street, St Lucia, representing its first major Brisbane development.&nbsp;

Positioned on the banks of the Brisbane River, the <a href="https://www.apartments.com.au/new-apartments/180-macquarie-street-st-lucia-qld-4067">premium site at 180 Macquarie Street</a> features uninterrupted river frontage in one of Brisbane’s most tightly held residential precincts.&nbsp;

The proposed development, currently under assessment with Brisbane City Council, has been designed by <a href="https://www.apartments.com.au/architects/plus-studio">Plus Studio</a> with interiors by <a href="https://www.apartments.com.au/interior-designers/mim-design">Mim Design</a> and will deliver a boutique collection of premium residences positioned specifically for owner occupiers and downsizers.&nbsp;

The residences are set to redefine luxury apartment living in the area, with a focus on architectural quality, refined finishes, landscape integration and elevated amenities including curated wellness facilities, resort-style pools and recreation spaces rarely seen in the local market.&nbsp;

Exclusive sales for the project will be led by Keenan &amp; Byrne, ahead of an anticipated launch later this year.&nbsp;

Bottega House Managing Director Nick Malloch said the project reflects the group’s ambition to deliver a highly curated residential offering within one of Brisbane’s most tightly held precincts.&nbsp;

“This is an incredibly rare riverfront opportunity and one we have approached with a long-term perspective,” Malloch said.&nbsp;

“Our vision from the outset was to create a boutique collection of residences that feel more like private homes than traditional apartments, with generous proportions, refined finishes and exceptional amenity throughout."

Malloch says there is a&nbsp;lack of premium owner-occupier stock of this quality in the market, particularly for downsizers wanting space, privacy and a true lifestyle offering without compromise.&nbsp;

"Demand is expected to be strong given the scarcity of premium riverfront opportunities of this nature within Brisbane’s inner-west."&nbsp;

Bottega House secures landmark riverfront site in St Lucia 

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The arrival of the first piling rig officially marks the commencement of construction at SIERA’s new beachside apartment development, Exhale, in Northcliffe.

<a href="https://www.apartments.com.au/new-apartments/exhale-surfers-paradise-8-enderley-avenue-surfers-paradise-qld-4217">Exhale</a>, a glass-encased tower featuring 54 large-scale apartments at 8 Enderley Avenue, is SIERA’s third Gold Coast development. It follows the recently completed PIPIS Bilinga beachfront project, which achieved suburb-record prices, and the soon-to-be-completed Chevron Island development, Tapestry.

[smartcode_project:default project_id=112661 project_image_fid=359603]

<a href="https://www.apartments.com.au/developers/siera">SIERA</a> Founder and Managing Director Brent Thompson said the arrival of the piling rig represented a significant milestone for the development, which is scheduled for completion in late 2028.

Over the next month, around 260 piles are expected to be installed as work progresses on the basement structure. The building is anticipated to rise above ground level early next year, before unveiling its sculptural glass curtain wall, developed in collaboration with specialist façade engineers.

“The façade was designed to maximise panoramic coastal views while creating a distinctive architectural identity,” Thompson said.

[smartcode_project:default project_id=112661 project_image_fid=355935]

Designed by BDA Architecture, Exhale will comprise just 54 two- and three-bedroom residences across 26 levels, a level of low-density living rarely delivered in this beachside pocket between Surfers Paradise and Broadbeach.

The project has been conceived as a resident-only building, with no short-stay accommodation permitted. SIERA says the model is intended to appeal to long-term owner-occupiers rather than transient holiday demand.

[smartcode_project:default project_id=112661 project_image_fid=361052]

Residences have been designed with large-format layouts and expansive glazing, with most apartments featuring more than 30 metres of glass frontage to maximise natural light and ocean views.

The amenity offering spans two levels and centres on wellness and lifestyle, including a heated magnesium pool, sauna, yoga and Pilates studio, gymnasium, private dining facilities, cinema lounge, and dedicated surfcraft storage.

[smartcode_project:default project_id=112661 project_image_fid=359607]

More than half of the apartments have already sold. SIERA has also opened a sales gallery for Exhale at its Chevron Island commercial premises, near its Tapestry tower and the site of its second Chevron Island apartment development, which is slated to launch in early 2027.
</section>
</section>

[smartcode_project_cta:default project_id=112661]

SIERA kicks off construction at Northcliffe tower Exhale

Toorak

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A widely reported late 2018 property news story that a Toorak mansion had been sold for around $52 million, the second-highest price ever paid in Victoria, has been taken down from the Domain website.
The exclusive story had been published suggesting that the residence at 53-55 Irving Road had sold off market for a strong price.
The published article came without details on its exact sale price nor the alleged buyer’s identity.
It was reportedly sold by the Ebeyan family who bought it from the Zeigler family in 2002, according to the article published on the Domain website.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/12/7/Irving1.jpg" alt="">
"The residence at 53-55 Irving Road is said to have sold in a quiet deal without being advertised for sale, Domain understands," readers were told.
There was a subsequent report in the Herald Sun suggesting the buyer knocked on the front door to secure the home.
Both websites have since removed the story from publication and the $52 million sale has not appeared in the end of year top sales list.
Title Tattle understands that the day after the article was published, a family member advised Domain the article was "completely inaccurate."
The family also advised it had been "unprofessional to print names."
<a href="https://www.propertyobserver.com.au/subscribe" target="_blank"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/1/1/Strip%20ad%20keep%20up%20in%202019.jpg" alt=""></a>
The reputedly sold home sat on about 2000 square metres of land.
Even in the originating article, agents in the exclusive enclave had "raised eyebrows" at the reputed price given it didn't really match its land size.
The Stonington mansion sale by art dealer Rod Menzies holds <a href="/news/malverns-stonington-sets-52-5-million-victorian-residential-price-record">the $52.5 million Melbourne record</a>, for the 1890s home on 1.2 hectare.
It's followed by tech entrepreneur <a href="/news/record-38-8-million-toorak-sale-to-ruslan-kogan">Ruslan Kogan’s $38.8 million purchase</a> of a Toorak home from telecommunications investor Philip Cornish.
In third place <a href="/news/the-40-million-toorak-trophy-home-sale-details-emerge">Qi Yang bought the residence</a> of former Mirvac director Marina Darling for $38 million.
The <a href="/news/9-towers-road-toorak-sold-by-besen-family">$26.25 million sale</a> of the contemporary Toorak home of Daniel and Danielle Besen held the record in 2016.
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firstname1-iYD4UYzvBa

Mystery $52 million Toorak sale story taken down by Domain website

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A Toorak modernist home designed by popular mid-century architect Anatol Kagan has hit the market.
Located at <a href="https://www.realestate.com.au/property-house-vic-toorak-129849898" target="_blank">4 Theodore Court, Toorak</a>, the home is for sale through an expressions of interest campaign ending December 10.
It has a price guide of $3.75 - $4 million.
<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2018/11/23170031/capi_53ca080226ad44e6319fcbf6a9fd992c_9a7fcb68649d10a78242a2db9e3f005c.jpeg" alt="" data-capiid="9a7fcb68649d10a78242a2db9e3f005c">
The property is located six kilometres from Melbourne’s CBD.
Last sold in 2007, the 1956 home went for $1.45 million.
The house also features a rooftop terrace.
<img src="https://www.realestate.com.au/blog/images/1600x1600-fit,progressive/2018/11/23170049/capi_53ca080226ad44e6319fcbf6a9fd992c_a4393da342889c93429d7299a7a508ab.jpeg" alt="" data-capiid="a4393da342889c93429d7299a7a508ab">
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j.ballantyne1990-6AQqhLzZaK

Modernist Toorak home designed by Anatol Kagan listed

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A Toorak mansion has reputedly been sold for around $52 million, the second-highest price ever paid in Victoria.
<div class="in-content-ad">It is whispered the residence at 53-55 Irving Road sold off market, though without details emerging on its exact sale price or buyer’s identity.</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">It was reportedly sold by the Ebeyan family who bought it from the Zeigler family in 2002, according to Nine Entertainment's Domain website.</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">"A number of industry insiders confirmed the existence of the deal to the Domain Group," it advised.
</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad"><img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/12/7/Irving1.jpg" alt=""></div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">
 The Herald Sun subsequently suggested the buyer knocked on the front door to secure the home, without any agents being involved in the reputed negotiations.</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">The home at 53-55 Irving Road sits on about 2000 square metres of land.</div>
<div class="in-content-ad"> </div>
<div class="in-content-ad">The Stonington mansion sale by art dealer Rod Menzies holds the official confirmed $52.5 million record followed by tech entrepreneur Ruslan Kogan’s $38.8 million purchase of a Toorak home from telecommunications investor Philip Cornish.</div>
Qi Yang bought the residence of former Mirvac director Marina Darling for $38 million.
The $26.25 million sale of the contemporary Toorak home of Daniel and Danielle Besen held the record in 2016.
UPDATE The Ebeyan family advised Domain via a tweet on the day following publication that the article was "completely inaccurate."
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Mystery $52 million Toorak sale

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Legendary fashion designer Fella Hamilton is selling her Toorak apartment.
She's asking $5.7 million to $5.95 million for the European-inspired, Nicholas Day-designed three bedroom, three bathrooms apartment on St Georges Road.
Just one of two ground floor apartments in the block, its French doors open to gardens which feature a pool.
Hamilton paid $1.8 million in 1998 when she bought with her late husband, Melbourne businessman Dick Harbig.
Kay &amp; Burton South Yarra agents Robyn Feigen and Michael Gibson are seeking offers until December 13.
Hamilton began her eponymous label in 1969 expanding to 30 stores.
The company is now ran by her son David and his wife Sharon.
Fella's original dream of designing fashionable items for women, who like her at the time were in their 40s.
This article was first published in the Weekend Australian. 
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Fashion designer Fella Hamilton lists Toorak apartment 

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A Toorak home belonging to Melbourne’s billionaire Munz family has been listed for sale.
The Reliance Group plumbing family paid $8.05m in 2015 when buying from BMF construction’s Ian Wright.
Wright had bought it from Andrew Cannon, Australia’s honorary consul to Monaco, for $6.5m as a flip.
It had been the longtime home of his late father, Dr Rob Cannon, since the 1960s. Dr Cannon was a celebrity dentist with American business tycoon Howard Hughes among his clients.
The now updated Albany Street home has a price guidance of $11.5m-$12.5m from Kay &amp; Burton agents Michael Gibson and Robyn Feigen.
Set in 1245sq m of gardens, it has four bedrooms, three bathrooms and a number of reception rooms.
The Munz family joined the Melbourne billionaire ranks in 2016 after they listed Reliance Worldwide on the ASX.
This article was first published in The Weekend Australian.
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Billionaire Munz family lists Toorak home

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John Zeigler, the retired Asia Pacific chairman of the ad agency DDB, and wife Lisa are selling Palmilla, their luxury Toorak home.
The Heyington Place home was commissioned in the 1930s by the establishment Shelmerdine family.
The Zeiglers have undertaken the home's transformation over their near 16 year ownership. They paid $3.4 million back in 2002.
All furnishings and finishes have been exclusively designed or sourced, from the French Oak and travertine flooring to the bespoke wrought iron and glass internal doors.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/9/7/heyington3.jpg" alt="">
The six bedroom, five bathroom home sits in private 2,285 square metres of established gardens with a gas heated swimming pool and a tennis court.
The family room features a fireplace wrapped in floor to ceiling sandstone and banks of glass, taking in the garden views.
The basement garaging for over 10 cars doubles up as another entertainment space with a bar.
Kay &amp; Burton South Yarra agent Michael Gibson has a $27 million to $29.5 million guide. 
Zeigler stepped down from DDB in 2015 after spending nearly three decades with the agency.
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Toorak trophy home Palmilla listed by former ad boss with near $30 million hopes

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Palmilla, the luxury Toorak home of the retired APAC chairman of ad agency DDB John Ziegler and wife Lisa, has sold. 
There's been no price reveal but it's suggested it fell just short of the recent price hopes of $23 million plus.
The Heyington Place home (above and below), commissioned in the 1930s by the Shelmerdine family, had been initially offered in spring last year with a guide of $27 million to $29.5 million.
The Zeiglers paid $3.4 million back in 2002.
The six bedroom, five bathroom home sits in private 2,285 square metres of established gardens with a gas heated pool and a tennis court.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/12/19/Palmilla.jpg" alt="">
The basement garaging for over 10 cars doubles up as entertainment space with a bar.
Carmyle, the grand Toorak trophy home that was among the earliest in the suburb, has also been sold, believed to be for around $13.5 million.
It was listed for sale in October with a guide of $12.5 million to $13.75 million.
It was listed by the Gunter family, who have owned the home since 1969.
The 23-room Victorian Italianate manor (below) was designed by Francis Maloney White in the late 1870s for Scottish pastoralist Archibald Fisken.
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2019/12/19/Carmyle.jpg" alt="">
The home has up to 14 bedrooms, six bathrooms, a number of kitchens, a reception hall, a refined sitting room and a ballroom.
Now on 2000 square metres, the estate once extended from Kooyong Road to Albany Road. 
This article was first published in The Weekend Australian.
 
 
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Toorak trophy homes Palmilla and Carmyle sell

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The luxury Toorak build of former boxer turned millionaire home builder Gary Simonds and his son Mark has been sold.
The development father and son duo spent $6.65 million on a 1960's Teringa Place home in 2016 and went about building an opulent glass encased home (above and below).
The property last sold for $4,105,000 in 2010.
Teringa Place only holds five homes. 
<img src="https://res.cloudinary.com/dz9xllyip/image/fetch/c_scale,w_580,q_auto:good/https://s3-ap-southeast-2.amazonaws.com/po.images/2018/8/20/teringa1.jpg" alt="">
Retail tycoon and Rivers boss Phil Goodman sold to the Simonds family who had the curved front facade by FGR Architects.
The <a href="https://www.realestate.com.au/property-house-vic-toorak-128192390" target="_blank">contemporary curved home</a> with over 1,020 sqm of living space has five bedrooms, each with their own walk in wardrobes and ensuite. The interiors have been overseen by the property styling company Leloft.
On the ground level there's a formal lounge, study, open plan kitchen and dining room and an informal sitting room which opens to a private north facing rear swimming pool and spa, overlooked by an outdoor entertaining area.
There's a gym, theatre and seven car basement garaging.
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RT Edgar Toorak agents Oliver Booth and Abby Innes were marketing the home as Toorak's finest, seeking expressions of interest until May 28.
There were almost 400 inspections during its extended campaign.
Construction was only completed a week before it was listed.
They had a guide of between $15.5 million to $17.05 million.
Gary Simonds founded Simons Property Group, where Mark is a non-executive director.
 
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$15 million plus Teringa Place, Toorak spec home sale by the Simonds family

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Former AFL star Chris Tarrant and wife Lauren have quietly sold their newish Toorak home for $7.86 million.
Set on 640 sqm it was sold off market to Joseph Sgroi, the celebrity obstetrician whose most recent baby delivery was Noah Montagna, the first baby of Erinn and Leigh Montagna.
The property last sold at $5.3 million when offloaded by Jennifer Keyte in 2014 when marketed as an early 1990s Wayne Gillespie-designed home built on the perimeter of Miegunyah, the Grimwade estate.
Tarrant, who played for the Collingwood Football Club, and then at Fremantle, hived off the corner portion to maximise the site's potential. 
This article was first published in the Weekend Australian.
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Chris Tarrant sells Toorak home to celebrity obstetrician

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A newly completed Washington Street, Toorak penthouse which came with initial $20 million hopes has been sold, reputedly at a still impressive $16 million plus.
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The 1000 sqm space atop Orchard Piper’s luxury development boasts pool, yoga room, sauna, and 1300-bottle wine cellar.
The three bedroom penthouse is accessed via private lift from its four car garaging.
One of six residences in the development, its occupies the entire third floor.
<div id="unruly-publisher-marker__inArticle">It was marketed by selling agent Marcus Chiminello of Marshall White as “without peer in Toorak.” It sold to a local downsizer at what was nearly double the previous $8.2 million Toorak record.</div>
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<div>The lower level sales ranged from $4.1 million to $6.8 million with buyers including members of the Smorgon, Nitschke and Iglicki families.</div>
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<div>The $25 million Melbourne apartment price record remains with the Australia 108 penthouse in Southbank, sold offshore and off the plan in 2015.</div>
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<div>This article was first published in the Weekend Australian.</div>
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