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Gorman Commercial Real Estate

329-333 Toorak Road & 2 Tivoli Road South Yarra, VIC 3141

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329-333 Toorak Road & 2 Tivoli Road,
South Yarra, VIC 3141

Development Sites & Land • Shops & Retail • Offices

Detailed listing

Key property information

Land area

Floor area

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Gorman Commercial Real Estate
Jonathon McCormack
Stephen Gorman

Gorman Commercial Real Estate

L1 /415 Riversdale Road
HAWTHORN EAST, VIC 3123
Gorman Commercial Real Estate
329-333 Toorak Road & 2 Tivoli Road
South Yarra, VIC 3141

Detailed listing

Map of 329-333 Toorak Road & 2 Tivoli Road

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VERSATILE CORNER DEVELOPMENT OPPORTUNITY

  • Three separate buildings - sold as one
  • Favourable Activity Centre Zone
  • Development upside (S.T.C.A.)
Three separate buildings to be offered as one sale via an Expression of Interest campaign closing on Thursday 27th May 2021 at 2pm.

Key features of the combined site include:

* Favourable Activity Centre Zone with unprecedented development upside for office, residential or mixed-use development (S.T.C.A.)
* Combined frontage of 38 metres:
- Toorak Road: 15 metres
- Tivoli Road: 23 metres
- R.O.W. 15 metres
* Short-term income: $57,300 pa net

Located near the corner of Chapel Street and The Como Centre close to the Rockley Gardens.

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

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