43 Ross Street, Toorak, VIC 3142

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

Remember to mention you found this property on DevelopmentReady