8B/516 Toorak Road, Toorak, VIC 3142 sold on 11 February 2026 | OnTheHouse
SOLD
Sold on 11 Feb 2026 for $1,600,000

8B/516 Toorak Road
Toorak VIC 3142

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 2600m2
Sold By
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Jellis Craig Hawthorn
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Property Details for 8b/516 Toorak Rd, Toorak

8b/516 Toorak Rd, Toorak is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1972. The property has a land size of 2600m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom Unit sold in Toorak in the last 12 months.

Building Type
Unit
Year Built
1972
Land Size
2600m2
Local Government
Stonnington
Lot/Plan
8B/PS416264

Last Listing description (October 2025)

** BY PRIVATE APPOINTMENTS ONLY. In order to book a suitable time, please provide your phone number with your enquiry**

A once in a generation opportunity to purchase a fully renovated, floor apartment comprising 3 bedrooms, 2.5 bathrooms and an oversized double garage with storage, in the prestigious and tightly held, iconic Oakdene apartments.

This exceptional residence, perched high on the 8th floor, is a statement of scale, refinement and prestige. From its elevated position, uninterrupted vistas sweep across the city skyline, Port Phillip Bay and the Dandenong Ranges, offering a backdrop as impressive as the home itself.

A private entrance framed in Travertine stone and warm timber panelling sets the tone, with glass doors ushering in natural light and a welcoming sense of space. Inside, the residence unfolds with the proportions of a home, yet the ease of a lock-up-and-leave lifestyle. Hybrid timber floors flow through expansive living and dining areas, seamlessly connecting to a sunlit Winter Garden balcony an enclosed retreat designed for year-round enjoyment, where cooling breezes and golden sunsets define daily life.

At the heart of the home, a marble-finished kitchen showcases Bosch, Miele and ILVE appliances, complemented by a superb butlers pantry complete with wine fridge and generous storage. The thoughtful renovation balances modern luxury with sustainability, enhancing comfort while keeping energy efficiency and low-impact living at its core.

Accommodation is equally impressive. The palatial master suite enjoys sweeping outlooks, a walk-in robe (WIR) and an opulent ensuite with freestanding bath, double vanity, under-floor heating and heated towel rail. A second double bedroom gazes out towards Port Phillip Bay, while the third, bathed in northern light, captures the city skyline perfect for guests, a study or private retreat. A designer bathroom, elegant powder room and extensive storage further enhance the homes sense of effortless sophistication.

Life at Oakdene is defined by comfort and security. Residents enjoy video intercom and fob access, lift service and a secure oversized double garage with storage and internal lobby access. Manicured gardens set far back from Toorak Road provide rare privacy, while the lifestyle of Toorak Village is just a short walk away. Como Park and Yarra River trails are moments from the door, with Hawksburn, Glenferrie Road and Chapel Street close by. City access is seamless via trams, Toorak Station or major arterials, while Melbournes most esteemed schools sit within easy reach.

For the international buyer seeking a second home, the professional desiring executive ease, or the downsizer unwilling to compromise on space and style, this is a residence of distinction one that captures the very essence of Toorak living.

Contact Scott Kim or Becky Wang on (03) 9808 0481 to arrange a private inspection of this home today!

** Sale Method: Private Negotiation

** Inspections: By private appointments only. In order to book a suitable time, please provide your phone number with your enquiry.

Property History for 8b/516 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$1,600,000
11 Feb 2026
Listed for Rent
$520/w
27 Nov 2014
  • 11 Feb 2026
    Sold for $1,600,000
  • 10 Sep 2025
    Listed for Sale Private Sale: $1,800,000 - $1,980,000
  • 26 Nov 2022
    Sold for $1,175,000
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About Toorak 3142

The size of Toorak is approximately 4.3 square kilometres. There are 10 parks, covering nearly 3.1% of the 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 9,269 properties. Over the last 5 years, Houses in Toorak have seen a -11.69% decrease in median value, while Units have seen a 4.35% increase. As at 30 April 2026:

  • The median value for Houses in Toorak is $4,401,350 while the median value for Units is $1,095,755.
  • Houses have a median rent of $1,700 while Units have a median rent of $650.
There are currently 6 properties listed for sale, and 6 properties listed for rent in Toorak on OnTheHouse. According to Cotality's data, 464 properties were sold in the past 12 months in Toorak.

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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.