Fitzroys is delighted to offer for sale this perfectly located freehold property located in the established and now rapidly developing "Toorak Village".
The key attributes of this opportunity include:
- Located within Melbourne's most prestigious retail strip surrounded by several premium sites in different stages of planning, construction and completion.
- Toorak Village has been named as 1 of the 25 New Activity Centres by the State Government which promotes potential new zoning controls, taller buildings and streamlined planning outcomes. * VPA Govt Website.
- Irreplaceable land holding of 196sqm* with exceptional frontage of 5.9 metres* to Toorak Road.
- Open plan shop with full height glass shopfront and rear storage plus garage car parking on title.
- Servicing the exclusive high net worth local catchment of suburbs including Toorak, Armadale and South Yarra.
- Surrounded by a plethora of new developments including Saint Germain (office development of 2,000sqm* and Coles Local Supermarket), Orchard Piper - Village (6 level development comprising of new retail, office and luxury apartments setting record breaking off the plan sales) and the Ex Worrells Mercedes Benz - Carters Avenue site of 3,600sqm* which now has planning approval for 8 levels.
- Highly flexible Commercial 1 Zoning with a Design and Development overlay promoting height of 16.5 metres (STCA).
- Melbourne's strongest median house price suburb of $6,050,000. Source: ***.
- Excellent transport connectivity via the 58 tram along Toorak Road and walking distance to Toorak Train Station providing quick access to Melbourne's CBD.
416 Toorak Road, Toorak presents an outstanding opportunity to acquire a highly flexible vacant freehold suitable for a variety of uses (STCA) located within the prestigious Toorak Village shopping precinct.
*Approx.
