12 Lascelles Ave, Toorak is a 0 bedroom, 0 bathroom House with 4 parking spaces and was built in 1930. The property has a land size of 714m2 and floor size of 166m2. While the property is not currently for sale or for rent, it was last sold in May 2020.
Exclusively situated at the top of a tranquil and highly sought after street on the edge of Toorak Village, this imposing solid brick Georgian style duplex set within a magnificent 714sqm approx. private allotment represents a significant opportunity. Comfortably presented, the two charming whole floor residences are ideal as a rewarding addition to an investment portfolio. Alternatively, the substantial home offers scope to renovate or to rebuild as a new luxury home or boutique development (STCA).
Retaining their original elegance and inviting ambience, the two expansive residences follow the same floor-plan. Natural light streams through the beautifully proportioned living and dining rooms served by separate well appointed kitchens. The two double bedrooms with built in robes share a bathroom, powder-room and second shower. Each has a retreat or third bedroom featuring parquetry floors and opening either to a terrace or balcony overlooking the garden. In the deep leafy garden, there is a freestanding 2-room studio or home office with kitchenette and stylish bathroom and off street parking for multiple cars.
Cherished by the one family for 55 years, this is a once in a generation opportunity. 4 off street parking spots available.
The size of Toorak is approximately 4.3 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Toorak in 2016 was 12909 people. By 2021 the population was 12817 showing a population decline of 0.7% in the area during that time. The predominant age group in Toorak is 20-29 years. Households in Toorak are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Toorak work in a professional occupation.In 2021, 65.20% of the homes in Toorak were owner-occupied compared with 61.70% in 2016.
Toorak has 9,338 properties. Over the last 5 years, Houses in Toorak have seen a 12.72% increase in median value, while Units have seen a 8.18% increase. As at 31 December 2025:
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