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Toorak: Riverfront mansion owned by Mitre 10 boss’ wife hits the market with $55m price hopes

A jaw-dropping riverfront Toorak mansion owned by the wife of former Mitre 10 boss Mark Laidlaw has hit the market with a massive $50m-$55m price tag. See inside.

The riverfront Toorak mansion owned by the wife of former Mitre 10 boss is up for sale.
The riverfront Toorak mansion owned by the wife of former Mitre 10 boss is up for sale.

A jaw-dropping riverfront Toorak mansion owned by the wife of former Mitre 10 boss Mark Laidlaw has hit the market with a massive $50m-$55m price tag.

It’s the second house in the blue-chip suburb to enter the market with a $50m+ asking range in the past few days, after Estia Healthcare founder Peter Arvanitis and his wife Areti put their opulent home up for sale last week.

Mr Laidlaw spent a decade as chief executive of hardware chain Mitre 10 Australia and then served three years as Total Totals chairman, from 2020 to 2023.

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Records show the Laidlaws purchased their four-bedroom residence, which is held in Ms Laidlaw’s name, for $6.1m in 2013.

Inside the luxurious kitchen.
Inside the luxurious kitchen.
The outdoor entertaining area with fireplace.
The outdoor entertaining area with fireplace.
Take a dip in the pool with a view.
Take a dip in the pool with a view.

The listing states the circa-1920s home on the Yarra River “has been completely rebuilt and transformed” in a project led by SJB Architects’ Andrew Parr.

Featuring an infinity pool with river views, boathouse and private jetty, materials used in the build include marble, timber, stone and aged bronze.

A media room with a built-in bar opens to the garden, while an outdoor stone terrace includes a pergola-covered dining area and an undercover space with a kitchen, heaters and an open fire.

The home has been ‘completely rebuilt and transformed”, according to the listing.
The home has been ‘completely rebuilt and transformed”, according to the listing.
Another main living area.
Another main living area.
The property also has a studio in the garden.
The property also has a studio in the garden.

The house’s lower level boasts a gym, temperature-controlled wine cellar, four-car garage, powder room and office with a filing room.

Elsewhere there are also a lift, curved marble staircase, linen room and nursery, plus the main bedroom boasts a dressing room, ensuite and balcony.

The kitchen is fitted with marble benches, Gaggenau appliances, a Sub-Zero fridge and freezer, wine fridge and a butler’s pantry.

A study area, also with a great view.
A study area, also with a great view.
1 Edzell Ave, Toorak - for herald sun real estate
1 Edzell Ave, Toorak - for herald sun real estate
The home could sell for $55m.
The home could sell for $55m.

In the garden, there is a gazebo, plus a studio with its own kitchenette and powder room.

Marshall White’s Marcus Chiminello has the listing.

Melbourne’s house price record was set in 2022 when crypto king Ed Craven splashed $80m on a Toorak house.

Expressions of interest close at 1pm on November 11.


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Originally published as Toorak: Riverfront mansion owned by Mitre 10 boss’ wife hits the market with $55m price hopes

Original URL: https://www.news.com.au/national/victoria/toorak-riverfront-mansion-owned-by-mitre-10-boss-wife-hits-the-market-with-55m-price-hopes/news-story/0ef310d19ef339a172ca68bb139c7cfb