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Emmetts - Melbourne

258 Toorak Road South Yarra, VIC 3141

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258 Toorak Road,
South Yarra, VIC 3141

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Emmetts - Melbourne
Charles Emmett

Emmetts - Melbourne

21-27 Somerset Place
MELBOURNE, VIC 3000
04023580...
Emmetts - Melbourne
258 Toorak Road
South Yarra, VIC 3141

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AFFORDABLE FREEHOLD AT INTERSECTION OF TOORAK RD & CHAPEL ST

  • EPICENTRE OF PREMIER MIXED-USE PRECINCT
  • NEXT GENERATION GROWTH PHASE
  • INCREASE IN OFFICE, HOTEL & APT BUILDING
Emmetts is delighted to offer for sale by Public On Site Auction, an affordable retail freehold at the epicentre of Melbourne’s premier inner city growth precinct.

Investment Considerations:

+ Affordable / Entry level freehold opportunity

+ Take advantage of South Yarra’s next generation growth trajectory

+ Office Development:
627 Chapel Street adding 24,000 sq m of A-Grade space, with potential to add 2,400 approx. additional office workers per day. Construction commenced.
11-13 Wilson Street adding 6,295 sq m of office space, potential to add 630 approx. additional office workers per day. Construction commenced.
Jam Factory potentially adding 50,000 sq of space, with potential to add 5,000 approx. additional office workers per day. Planning approved, now pre-leasing.

+ Hotels:
402 Chapel Street - Major Hotel approved.
River Street- Hyatt Centric Announced
Claremont Street – Moxy Announced (180 rooms)
230 Toorak Road – Mojo Hotel (186 rooms)

+ Residential:
Capitol Grand – 396 approx. brand new ultra luxury apartments.

+ This is in addition to existing office and hotel line up including The Como Centre (Channel 10 and Clemenger Group), the Olsen Hotel on Chapel Street and one of Australia’s most dense apartment precincts.

+ Prime high exposure location with exceptional signage potential to white facade above shop.

+ Tram stop outside shop front.

+ Walking distance to South Yarra Station.

+ Freehold land area of 105 sq m approx.

+ Building area 100 sq m approx.

+ This is your opportunity capitalise on South Yarra’s next generation
growth phase – Melbourne’s Premier Inner City Mixed Use Precinct.

+ Affordable opportunity with genuine growth potential.

+ Invest or Occupy.

+ Strong rental growth potential.

For further information contact Emmetts Real Estate the exclusive sales and marketing agents.

Property ID: 503292134Last Updated: 17 Nov 2019

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Emmetts - Melbourne
21-27 Somerset Place
MELBOURNE, VIC 3000

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