** UNDER CONTRACT **
Located in a prime position of Melbourne’s inner Eastern suburbs, 1273-1275 Toorak Road, Camberwell offers a premium development opportunity across two (2) existing titles. Situated in the heart of Camberwell, Glen Iris, Ashburton and Burwood, this property is surrounded by a wide array of retail and lifestyle amenity as well as enjoying the beauty of the neighbouring tree-lined streets.
• Prime development site on 1,440 sqm* of land with over 31 m* frontage to Toorak Road
• Two (2) existing houses on two (2) separate titles, generating short term holding income
• Optimal development site for luxury apartments, townhouses, medical or childcare (STCA)
• Neighbouring development sites achieving 3 storeys
• Merely moments to an array of bustling retail including Burwood Village and Hartwell, Burke Road and High Street retail precincts
• An abundance of parklands, running tracks and golf courses within the immediate vicinity
• Offering unparalleled connectivity with trams stops on your door step and only 475 m* to Burwood train station
• Camberwell enjoys a median house price of $2,440,000 (source REIV)
• Camberwell is a high demand market (source realestate.com.au) and is home to some of Melbourne’s most desirable houses
The property is to be sold via Expression of Interest closing at 3:00 pm on Wednesday the 9th of June 2021. For further information or to organise an inspection, please contact Gross Waddell ICR directly.