Prized Opportunity in Blue-Chip Position

In a prestigious Toorak location and nestled within a leafy 830sqm (approx.) garden allotment with an enviable western rear orientation, this impressive block of four 2 and 3 bedroom apartments represents a multitude of exciting possibilities. As a rewarding addition to any investment portfolio, the leased apartments with potential rental return of $12,000 per month. Unencumbered with any heritage overlay, it also provides a significant opportunity to build a new luxurious family home to your own requirements, or alternatively a dual occupancy or multi-unit boutique development (STCA). The options are endless.

Each elegantly presented apartment, two upstairs and two on the ground level, features timber floors, high ceilings and generous proportions. The entrance halls flow through to an expansive living room with open fire, separate dining room and a gourmet kitchen. There are two robed bedrooms and a stylish bathroom with separate toilet and laundry in two of the apartments and an additional main bedroom with en suite in unit 1. Each residence includes heating, storage and a lock up garage.

Exclusively situated close to High Street’s boutiques and restaurants, Beatty Ave, Toorak station, trams and elite schools, this is a unique opportunity in a AAA location.

  • Premier Toorak location
  • Block size 830sqm (approx.) with western rear orientation
  • Four 2 and 3 bedroom apartments
  • Potential rental return is $12,000 per month
  • No heritage overlay
  • 12 metre height limit (GRZ8)
  • An exceptional site for a new luxury home (STCA)
  • Ideal as a dual occupancy or boutique muti unit development (STCA)
  • Walking distance to High Street shops, transport and Lauriston Girls School

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Appraisal Type

Welcome to Toorak 3142

  • Median House Price

    $4,710,000

  • 2 Bedrooms

    $1,920,000

  • 3 Bedrooms

    $3,675,000

  • 4 Bedrooms

    $6,050,000

  • 5 Bedrooms+

    $9,375,000

Toorak, an emblem of luxury and prestige, stands as Melbourne's most illustrious suburb, located just 5 kilometres southeast of the CBD.

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