Toorak: $17m makeover in store for record-setting $74.5m heritage mansion

Blair House at 17 St Georges Rd, Toorak. The ex-tech tycoon who splashed $74.5m on a Toorak mansion is planning a swish $17m makeover of the historic estate. Last year, Grant Rule’s purchase of the circa-1936 Georgian Revival-style home at 1 7 St Georges Rd made it the state’s second-most expensive house. Victoria’s priciest home is the nearby long-vacant “ghost mansion” at 29-31 St Georges Rd which crypto casino co-founder Ed Craven snapped up for more than $80m in 2022. RELATED: Toorak: Site with plans for a five-storey cruiseliner-style mansion for sale Toorak mansion set to become Victoria’s third-priciest home with $46-$50m…