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THE ULTIMATE TOORAK VILLAGE TROPHY ASSET

478 Toorak Road, TOORAK VIC, 3142

For Sale

Property for Sale in 478 Toorak Road, TOORAK VIC, 3142

Teska & Carson

516 Church Street, Richmond, VIC 3121

Listing ID:
11366700
Status:
Active
For:
Sale
Price:
Contact Agent
Last Updated:
12/11/2019
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Property Type

Retail/Land/Development/Offices
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Land Area

419 SQM
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Floor Area

256 SQM
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Parking

8

THE ULTIMATE TOORAK VILLAGE TROPHY ASSET

Auction: Friday 22 November 2019 at 3pm on-site.

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.

Open for Inspection times:

- Tuesday 29th October at 10am
- Tuesday 5th November at 10am
- Tuesday 12th November at 10am
- Tuesday 19th November at 10am

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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