Teska Carson is pleased to present the opportunity to purchase 478 Toorak Road, Toorak with the following key attributes:
- Two-level freehold of 256sqm which is spread across the ground floor retail and first floor office tenancies.
- Dual fronted landholding of 420sqm* with 14m frontage to Toorak Road and access/value-add potential via rear Lamin Lane.
- Offered with two short term leases that expire in February/April 2020 and generate a net annual income of approximately $124,062.
- Situated in the heart of the tightly held Toorak Village, this is the first time this property has been offered in over 30 years.
- Located directly opposite Vicland Property Groups proposed $600M commercial re-development of Village Way, which is set to house 12,000sqm* of A Grade office space over 8 levels and a ground floor Coles Supermarket.
- An extremely rare offering suited to Investors, Owner-Occupiers and Developers.
Please call for further information or to arrange an inspection of the property.
For more details, please email agent