Property TypeLand/ Development
189 Toorak Road, South Yarra
SOLD – HIGH PROFILE DEVELOPMENT OPPORTUNITY
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 Forrest 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 12 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.