An aged Toorak home sold for $6.51 million at auction on Saturday, despite coming with two restrictions on its title which the agent said had cut its price by about $1 million.

The mostly original house at 65 Irving Road sat on a 674-square metre block, which had been carved off the neighbouring property at 63 Irving Road in the 1950s. Two covenants were placed on No.65: only one dwelling could be built on the property, and it must be no more than one storey above ground level.

Kay & Burton selling agent and auctioneer Scott Patterson listed the home for sale with a quoted price guide of $6 million to $6.5 million.

“We got $6.51 million, so [the guide] was pretty accurate, but we adjusted it back from our initial thoughts, which was $7 million to $8 million,” he said. “We adjusted it

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