The property is situated on the eastern side of Claremont Street, approximately 100 metres north of the intersection of Toorak Road, within the inner Melbourne suburb of South Yarra.
The property is situated approximately 300 metres north west of the intersection of the vibrant commercial/retail strip of Chapel Street/Toorak Road and approximately four kilometres south east of the Melbourne Central Business District.
Surrounding properties include predominantly commercial office suites and boutique retail outlets together with a backdrop of residential apartments and multi unit residential developments fronting to Chapel Street.
The South Yarra Railway Station and Melbourne High School are located to the west and north of the subject property respectively.
Vehicular thoroughfares servicing the property include, Toorak Road, Chapel Street, Punt Road and Alexandra Avenue providing ease of access to the site.
The area has undergone significant regentrification over the last 4-5 years as a direct result of the extensive redevelopment of the Burns Philip site and other adjoining landholdings.
Here's your opportunity to purchase the ultimate development site in the absolute heart of South Yarra.
Site details -
Land Area: 590m2 approx
Zoned: Business 2
Wide frontage of 14.7 metres
The Forrest Hill precinct has been earmarked for high density mixed use development.
The area has undergone a massive transformation with the injection of several cutting edge developments including:
SXY apartments developed by Baracon
7 & 9 Yarra Street - Michael L Yates & Co
9-11 Claremont Street - Duttons Showroom, plus boutique offices on the upper levels
Other features include:
Superb position only metres to Toorak Road and Chapel Street, which boast a vast array of cafes, restaurants and high end fashion outlets.
For further details or Information Memorandum, contact marketing agents:
grayjohnson:
Matt Hoath 0418 543 714
Ben Evans 0403 427 678
Sutherland Farrelly:
Michael Major 0412 471 775
Paul Sutherland 0418 360 162
Tender closing Wednesday 12th August @ 3.00 pm.