Toorak’s Most Recognisable Corner Can Now Be Yours
Location: Toorak Road, Toorak, Melbourne VIC 3142
The key highlights of the opportunity include:
- A prestigious freehold corner, located in the heart of Victoria’s most affluent suburb, boasting 5 prime ground floor retail shops and spacious, separately accessed level 1 offices
- The versatile 608 sqm* building comprises 6 titles and spans 376 sqm* of favourably zoned (C1Z) land
- Strategically located in the sought-after ‘Toorak Village’ retail precinct home to the newly opened ($250 million) St Germain development, adjacent Orchard Piper’s under construction 6-level ($120 million) Village development, and only 50 m* from Orchard Piper’s highly anticipated development of the 3,500 sqm* Mercedes site
- Future development supported by favourable zoning, minimal heritage restrictions and numerous examples of significant height precedent
- Boasting a strong history of tenant retention with long-term hospitality trader (20+ years) Sezanas anchoring the ground floor and international real estate agency WHITEFOX occupying the expansive level one office
- Retail trade is supported by the immense wealth of the surrounding population – Toorak & Malvern boast median house prices of $5,815,000 & $3,260,000 respectively^
- Providing annual income of $479,113* + GST
*This commercial listing item is in conjunctional with Stonebridge Property Group.