Event promoter Andrew McManus scheduled Toorak mansion listing for third sales campaign

Event promoter Andrew McManus scheduled Toorak mansion listing for third sales campaign
Jonathan ChancellorMay 26, 2013

Event promoter Andrew McManus has relisted his Toorak mansion, which didn't sell at its 2011 and 2012 marketing campaigns.

It initially had $13 million hopes, which were revised down to $10 million plus on the second marketing attempt.

The Myoora Road house last sold in 2008 mid-construction for $8.75 million.

It has been listed this time through Paul Pfeiffer and Jeremy Fox at RT Edgar Toorak who have noted interest around $11 million given the pick-up in the prestige market over recent months.

The house, with a seven car garage, had been initially commissioned for construction in 2007 by David Fox, the youngest son of trucking magnate Lindsay Fox, who sold before the property was completed.

There’s also a study, gym, home theatre, billiards room and cabana and pool on its 1,389-square-metre block.

Justin Long of Marshall White and Bennison Mackinnon's Nathan Waterson had a go at selling it as did Kay & Burton agent Andrew Baines.

The RP Data median house price in Toorak is $2,687,500.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Editor's Picks

First home buyers jump at Victoriana apartments on Melbourne's Albert Park
Sekisui House Australia approved for Dawn, the latest stage at $5 billion Melrose Park masterplan
Safari Group’s Mountain Oak Apartments brings new investment potential to Queenstown
Aurora On Depper, St Lucia: Construction Update
R.Iconic: A Lifestyle-First Masterpiece in Melbourne