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189 Toorak Road, South Yarra, VIC, 3141

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189 Toorak Road, South Yarra, VIC, 3141

189 Toorak Road, South Yarra, VIC, 3141

Properties / Sold / Victoria / South Yarra
Development Approved

1. Property Summary

Property Type
Mixed Use
Land Area
906 m² (*approx)
Selling Method
EOI: Closing Wednesday 11 August, 3:00pm
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2. Property Highlights

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

Read More
Development Approved

1. Property Summary

Property Type
Mixed Use
Land Area
906 m² (*approx)
Selling method
EOI: Closing Wednesday 11 August, 3:00pm

2. Property Highlights

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

Read More
Development Approved

3. Property Location

189 Toorak Road, South Yarra, VIC, 3141

Property Map

4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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