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SOLD

189 Toorak Road, South Yarra, VIC, 3141

Development Approved
DETAILS
HIGH PROFILE DEVELOPMENT OPPORTUNITY
  • Permit for 13 level mixed use project
  • Premium South Yarra location
  • Suit multiple development outcomes

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 Forest 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 13 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.

Remember to mention you found this property on DevelopmentReady.com.au

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
Closing Wednesday 11 August, 3:00pm
Property Area
AREA:
906 m² (*approx)
Property Type
TYPE:
Mixed Use,
Development Approved
DEVELOPMENT APPROVAL:
Permit for 13 level mixed use project

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189 Toorak Road, South Yarra, VIC, 3141

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