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Colliers - Melbourne

5 Stonehaven Court Toorak, VIC 3142

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5 Stonehaven Court,
Toorak, VIC 3142

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Colliers - Melbourne
Jozef Dickinson

Colliers - Melbourne

Level 30, 367 Collins Street
MELBOURNE, VIC 3000
04026788...
Colliers - Melbourne
5 Stonehaven Court
Toorak, VIC 3142

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Rare 1,200sqm* Opportunity in Prime Toorak

  • 1,200sqm* land area
  • Premium Toorak location
  • Currently 12 units with income & upside
Colliers is pleased to offer 5 Stonehaven Court, Toorak, a truly unique opportunity to secure a premium land holding nestled in a prestigious Toorak location.

Situated in a private and leafy cul-de-sac, the property is a rare 1,200 sqm* site, currently improved with 12 individual apartments, positioned amongst Toorak’s most sought after addresses and convenient walking distance to Toorak Village.

Key features are below:

• Two level residential apartment building of 12 individual one bedroom apartments with ancillary lots such as garaging and common resident space being offered in one line
• Predominately leased with an estimated full leased income of $220,092* per annum
• Located within a quiet and leafy cul-de-sac with a rare site area of 1,200sqm*
• General Residential Zone with no heritage overlay
• Excellent scope for future redevelopment that would ideally suit a luxury single dwelling to rival the best in Toorak and equally the opportunity for a multi-unit premium apartment project
• Convenient walking distance to Toorak Village and surrounded by some of Melbourne’s most exclusive real estate
• High performing residential market with a median house price of $5,000,000**

For further information, please contact the exclusive selling agents at Colliers.

Jozef Dickinson
0402 678 8...

Trent Hobart
0433 196 452


Outlines indicative.
*approximately
**REIV September 2021

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Property ID: 503922374Last Updated: 3 Jan 2022

Colliers - Melbourne
Level 30, 367 Collins Street
MELBOURNE, VIC 3000

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