Sir Rod Eddington downsizes Toorak homes
Melbourne businessman Sir Rod Eddington has paid $6,175,000 to downsize Toorak homes.
His home of the past eight years remains listed with more than $11 million expectations.
The redundant Ledbury Court property comes with pool and tennis court on its 2,154 square metre holding.
It was bought by Sir Rod and his wife, Young Sook Park, for $7.85 million in 2006 from the Ayre family who'd been there since paying $550,000 in 1980.
It remains for sale through Kay & Burton's Michael Gibson.
The new acquisition of the contemporary abode (pictured below) was at a slight discount on its 2008 sale price of $6.3 million.
It was built by the developer Peter Gibson in 2007 to a design by architect Ilario Cortese.
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.
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