Sold

438-440 Toorak Road
TOORAK, VIC 3142

Share
Property Description

Landmark Toorak Village Trophy Asset

Fitzroys is delighted to offer 438-440 Toorak Road (Corner Carters Avenue), Toorak for sale via Expressions of Interest closing Wednesday 5th May at 2pm.

Features of this outstanding opportunity include:

  • Secure lease to long standing ASX listed tenant, ANZ Bank
  • Returning $329,600 per annum net (as at 29/5/21)
  • All outgoings recovered from the tenant including Land Tax (single holding basis)
  • Dual frontage to Toorak Road and Carters Avenue of over 44 metres
  • Dominant land holding of 354sqm*
  • Substantial two-level modernised bank building of 394sqm* plus onsite parking
  • Unrivalled location within Toorak’s prestigious retail, lifestyle and commercial precinct
  • Directly opposite proposed $600 million commercial re-development of the Village Way and Village Walk Arcades, which will include over 10,000sqm of premium office space over 8 levels plus a ground floor Coles Supermarket.
  • Large council Car Park situated immediately behind the property
  • Excellent connectivity to South Yarra and the CBD with trams operating along Toorak Road
  • Future value add potential (stca)
  • Rare opportunity – First time offered in over 30 years!
Back to property search
Consultant

Chris Kombi

M: 0438 156 236
E: kombic@fitzroys.com.au

Shawn Luo 罗霄

M: 0412 338 918
E: luos@fitzroys.com.au

Chris James

M: 0421 779 714
E: jamesc@fitzroys.com.au

Enquire about property
Property Information

Property ID
129236

Price
Contact Agent

Building
394m2

Land
354m2