Cushman & Wakefield Development Sites are pleased to present ‘Orrong Corner’ at 565 Orrong Road, Armadale & 693–699 High Street, Prahran for sale via Expressions of Interest closing Thursday 16 July at 2pm (AEST).
Occupying a commanding corner landholding of 1,280sqm*, this exceptional offering presents a rare opportunity for development, investment or owner occupation in one of Melbourne’s most tightly held and affluent precincts.
Key details are highlighted below:
- Substantial landholding of 1,280sqm*
- Prominent corner position with extensive frontage of 72.12m*
- Development concept prepared by Cera Stribley, providing for a premium mixed-use outcome
- 693-699 High Street Prahran is zoned Commercial One providing ultimate flexibility
- 565 Orrong Road is currently Residential Growth Zone (RGZ1), with pending inclusion in the Housing Choice and Transport Zone HCTZ1 (Inner Catchment)
- Potential for CBD, Toorak Park and bay views (STPA)
- Existing improvements provide holding income and include three retail shops and two residential dwellings
- Highly sought after position with proximity to Orrong Park, Toorak Park, Victoria Gardens, High Street Armadale shopping precinct, Hawksburn Village, Beatty Avenue and Toorak Train Station
- Surrounded by a number of successful and high-quality residential developments, including Grandview, Hampden, Larnook, Monument and 835 High Street
- Positioned within one of Melbourne’s most affluent residential catchments, supported by strong median house prices across Armadale, Toorak, Prahran, Malvern and South Yarra
This is a rare corner opportunity offering scale, flexibility and long-term upside in a blue-chip inner-Melbourne location.
For further information please contact the agents below.
Hamish Burgess | 0421 641 497
Oliver Hay | 0419 528 540
Daniel Wolman | 0412 957 839
Leon Ma | 0417 070 725
*Approx.
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