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472 Toorak Road, TOORAK VIC, 3142

For Sale
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Property for Sale in 472 Toorak Road, TOORAK VIC, 3142

Teska & Carson

1st Floor, 569 Church Street, Richmond, VIC 3121

Listing ID:
11367517
Status:
Active
For:
Sale
Last Updated:
14/01/2021
Price:
Contact Agent
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Property Type

Retail
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Land Area

139 SQM
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Floor Area

110 SQM
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Parking

1

TOORAK VILLAGE FREEHOLD INVESTMENT WITH UPSIDE

Teska Carson is pleased to present the opportunity to purchase 472 Toorak Road, Toorak with the following key attributes:

- Two-level freehold of 110sqm which is spread across the ground floor retail and first floor office/studio apartment.
- Returning $45,000 per annum + GST & Outgoings, it’s an extremely rare offering suited to investors, owner-occupiers and value-add buyers.
- Potential total income: 80,000 per annum + GST & Outgoings
- An existing planning permit is in place for an additional level at the rear which is accessed via Lamin Lane, creating a further 30sqm approx. of office accommodation (CURRENTLY UNDER CONSTRUCTION).
- Situated in the heart of the tightly held Toorak Village, which services Melbourne’s most affluent residential suburbs.
- Located directly opposite Vicland Property Groups $600M commercial re-development of Village Way, which will house 12,000sqm* of A Grade office space over 8 levels and a ground floor Coles Supermarket.

Please do not hesitate to call for further information or to arrange an inspection of the property.

*Approx.

For more details, please email agent


Downloadable File(s)

Teska & Carson

1st Floor, 569 Church Street, Richmond, VIC 3121


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