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Teska Carson Pty Ltd - Richmond

531 Toorak Road Toorak, VIC 3142

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531 Toorak Road,
Toorak, VIC 3142

Shops & Retail • Medical & Consulting

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Teska Carson Pty Ltd - Richmond
Stephen Speck
Matthew Feld

Teska Carson Pty Ltd - Richmond

6 Yorkshire Street
RICHMOND, VIC 3121
Teska Carson Pty Ltd - Richmond
531 Toorak Road
Toorak, VIC 3142

Map of 531 Toorak Road

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IMMACULATE TOORAK INVESTMENT

Teska Carson is pleased to present 531 Toorak Road, Toorak for sale via Public Auction on Friday 15 October 2021 at 12pm.

This immaculate retail investment comprises a two level freehold of 141sqm securely leased to globally recognised skincare brand ‘Rationale’. Trading from 531 Toorak Road since 2012, ‘Rationale’ occupy the entire premises as one of their 14 national Flagship skincare clinics.

- Rent: $67,643 per annum + GST + Outgoings (as at Oct 2021)
- Building Area: 141sqm
- Land Area: 130sqm

Situated in the heart of, and servicing Melbourne’s most affluent suburbs, Toorak Village comprises a well regarded retail strip with low vacancy and impressive tenancy profile. The Village is set to be further enhanced with significant development underway including Vicland Property Group's $600m commercial development which will house 12,000sqm of A-Grade office over 8 levels and ground floor Coles Supermarket.

Please call for further information or to arrange an inspection.

Toorak, 3142 demographic data

The median household income for Toorak is $2,533, 33% higher than Greater Melbourne's household income of $1,901. Toorak has an older age profile compared to the rest of Greater Melbourne (median age 47 vs 37). Property ownership data shows 33% of property owners in Toorak have a mortgage.

12,817
Population
$2,533 per week
Median household income
47 years
Median age
Owners
Most residents
Families
Most households

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