189 Toorak Road,
South Yarra, VIC 3141
Development Sites & Land • Hotel, Motel & Leisure • Offices
Detailed listing
Key property information
Land area
Floor area
Car spaces
Zoning
Sold on
Teska Carson Pty Ltd - Richmond
6 Yorkshire StreetRICHMOND, VIC 3121
189 Toorak Road
South Yarra, VIC 3141
Detailed listing
Map of 189 Toorak Road
SOLD – HIGH PROFILE DEVELOPMENT OPPORTUNITY
- Permit for 12 level mixed use project
- Premium South Yarra location
- 85 metres of combined street frontage
Teska & Carson have the pleasure of offering to the market 189 Toorak Road, South Yarra, for sale via Expressions of Interest closing Wednesday 11th August at 3pm.
An incredible opportunity to secure a permit approved development site, supremely positioned on the corner of Claremont Street, in the heart of South Yarra’s Forrest Hill Precinct.
Key highlights include:
Commanding corner landholding with 85 metres of combined street frontage.
Substantial site area of 906sqm*.
Planning permit allows for a 12 level luxury mixed use project designed by Cactus Architects.
Activity Centre Zoning provides a multitude of development outcomes including residential, hotel, office or build-to-rent (STCA).
Existing improvements include a prominent three level Victorian building currently occupied by ‘Hotel Claremont Guesthouse & Apartments’ plus two retail tenancies.
Holding income with termination clauses in place.
World class amenity in immediate proximity include booming lifestyle and hospitality destinations Chapel Street, Toorak & Domain Roads.
Please call for further information or to arrange an inspection.
*Approx.
An incredible opportunity to secure a permit approved development site, supremely positioned on the corner of Claremont Street, in the heart of South Yarra’s Forrest Hill Precinct.
Key highlights include:
Commanding corner landholding with 85 metres of combined street frontage.
Substantial site area of 906sqm*.
Planning permit allows for a 12 level luxury mixed use project designed by Cactus Architects.
Activity Centre Zoning provides a multitude of development outcomes including residential, hotel, office or build-to-rent (STCA).
Existing improvements include a prominent three level Victorian building currently occupied by ‘Hotel Claremont Guesthouse & Apartments’ plus two retail tenancies.
Holding income with termination clauses in place.
World class amenity in immediate proximity include booming lifestyle and hospitality destinations Chapel Street, Toorak & Domain Roads.
Please call for further information or to arrange an inspection.
*Approx.
South Yarra, 3141 demographic data
The median household income for South Yarra is $2,063, 9% higher than Greater Melbourne's household income of $1,901. South Yarra has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 47% of property owners in South Yarra have a mortgage.
25,028
Population
$2,063 per week
Median household income
33 years
Median age
Renters
Most residents
Singles
Most households
Teska Carson Pty Ltd - Richmond6 Yorkshire Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
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