549 Toorak Road,
Toorak, VIC 3142

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Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121

549 Toorak Road

Toorak, VIC 3142

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SOLD - IDEALLY POSITIONED TOORAK DEVELOPMENT SITE

First time offered in over 70 years
1,278 of premium Toorak land
12 strata titles unit sold as one

Teska Carson are pleased to present 549 Toorak Road, Toorak for sale via Expressions of Interest closing Thursday 7 October 2021 at 3pm.

High on the hill, some 100 metres from Toorak Village, this beautifully proportioned development site will ensure a luxury apartment building will sit proudly amongst Toorak’s elite.

Key attributes of this outstanding opportunity:

- Offered for sale for the first time in over 70 years
- 1,278m2 of prime Toorak land
- Currently comprising 12 x strata titled two bedroom units over three levels
- Potential fully let income of $224,300 per annum
- Precedent for 4 level luxury apartment development (STCA)
- Metres from Melbourne’s prestigious and tightly held Toorak Village shopping strip, offering an abundance of retail, cafes, restaurants plus Woolworths and the soon to be brand new Coles supermarket
- Toorak has long held the record for median house price, currently $4,950,000

Luke Bisset 0400 344 2...
Matthew Feld 0415 803 3...

Property ID: 503903882Last Updated: 3 Dec 2021

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Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121