6/50 Grange Road, Toorak VIC 3142

Boutique mid-century block | Superb GIA renovation | Northern light & terrace | Toorak Primary zone This property presents a competitively rare offering: a superbly renovated, light-filled unit in a coveted, small-scale Toorak block. The award-winning renovation and intelligent layout maximize its grandly elevated ground floor position, delivering a low-maintenance residence with genuine architectural character. It serves downsizers or professionals seeking a prestige lifestyle entry without the scale of a house, benefiting from walkable village amenities and a top public school catchment. The decision hinges on the price premium for renovation quality within a smaller two-bedroom configuration. Recent sales within the same building demonstrate strong demand but also a wide value range, indicating final price is highly sensitive to buyer competition for its finish. Proceed with a disciplined auction strategy anchored to comparable evidence; this property is best held as a long-term lifestyle purchase, not for short-term trading. Recent sales in the same building provide critical context: – 1/50 Grange Rd: Sold $1,080,000 in Oct 2025 (2 bed, 1 bath, 1 car) – 3/50 Grange Rd: Sold $1,230,000 in 2025 This establishes a clear benchmark. The subject property’s listing range sits below these figures, but its superior renovation and ground-floor terrace position could justify aligning with the higher comparable. Expect competitive bidding to bridge the gap between the estimate and recent sale results.