Superb Toorak Freehold with High Exposure
Fitzroys is delighted to offer this perfectly located freehold investment in the established and now rapidly developing “Toorak Village” for sale by Public Auction on Friday 27th October at 12PM on site.
The key attributes of this opportunity include:
Located within Melbourne’s most prestigious retail strip surrounded by several premium sites in different stages of planning, construction and completion.
Irreplaceable land holding of 196sqm with exceptional frontage of 5.9 metres approx to Toorak Road.
Servicing the exclusive high net worth local catchment of suburbs including Toorak, Armadale and South Yarra.
Open plan shop with full height glass shopfront and rear storage plus garage car parking on title.
Three (3) year lease plus options to 2028.
Surrounded by a plethora of new developments including Saint Germain (office development of 2,000sqm and Coles Local Supermarket), Orchard Piper - Village (6 level development comprising of new retail, office and luxury apartments setting record breaking off the plan sales) and the Ex Worrells Mercedes Benz - Carters Avenue site of 3,600sqm* with a planning application currently under consideration at Council.
Highly flexible Commercial 1 Zoning with a Design and Development overlay promoting height of 16.5 metres (STCA)
Melbourne’s strongest median house price suburb of $5,900,000*.
-Excellent transport connectivity via the 58 tram along Toorak Road and walking distance to Toorak Train Station providing quick access to Melbourne’s CBD.
416 Toorak Road, Toorak presents an outstanding opportunity to acquire a high exposure freehold investment located within the prestigious Toorak Village shopping precinct.
FOR SALE BY PUBLIC ON SITE AUCTION FRIDAY 27TH OCTOBER at 12PM