Available via Private Sale
Colliers are proud to present for sale 43 Ross Street Toorak, a highly sought-after permitted development opportunity located in Melbourne’s most exclusive suburb which has recently undertaken a once in a generation, exciting rejuvenation phase.
43 Ross Street Toorak represents a sensationally flexible development opportunity in a sought-after city fringe location of Melbourne, one of the world’s most liveable cities. The offering provides an incoming purchaser the option of developing an existing permit, re-submit for alternate use or landbank in such a prestigious location.
Key Features Include:
- Vacant land parcel of 405m²* (approx.)
- Permit approved for state-of-the-art multi-storey office building
- Flexible Commercial 1 Zoning
- Strong history of development success with end projects achieving significant sales rate $25,000/m²+ for residential and $17,000/m²*+ for office
- Zoning provides alternate development outcomes including residential, medical or hotel (STCA)
- Located in Toorak, Melbourne’s most exclusive suburb with a median house price of $5,675,000
- Positioned in Toorak Village, a thriving high-end metropolis with major commercial developments by Orchard Piper and Vicland
- Close proximity to world-class retail amenity including Cannings Butchers, Haigh’s, Bistro Thierry and Baker Bleu
- Well connected to public transport and major arterials, including Toorak Road tram, Hawksburn and Toorak train stations and the Monash freeway/Citylink
*approximately
For more information, please contact the below exclusive Colliers selling agents.
Ben Baines | +61 438 328 407
Ted Dwyer | +61 411 312 165
Alex Browne | +61 418 350 545
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