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  5. THE ULTIMATE TOORAK VILLAGE TROPHY ASSET

478 Toorak Road, TOORAK VIC, 3142

Sold
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Property Sold in 478 Toorak Road, TOORAK VIC, 3142

Teska & Carson

516 Church Street, Richmond, VIC 3121

Listing ID:
11366700
Status:
Sold
Price:
Contact Agent
Last Updated:
22/01/2020
Icon building

Property Type

Retail/Land/Development/Offices
Icon square

Land Area

419 SQM
Icon size

Floor Area

256 SQM
Icon parking

Parking

8

THE ULTIMATE TOORAK VILLAGE TROPHY ASSET

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.

*approx.

For more details, please email agent

Teska & Carson

516 Church Street, Richmond, VIC 3121


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