Colliers are pleased to present this superb development opportunity located in Melbourne's prestigious fringe suburb of Toorak. 707 Orrong Road, Toorak is offered For Sale by International Expressions of Interest closing Wednesday 15th of May 2024 at 3pm (AEST).
707 Orrong Road, Toorak features a 910sqm* landholding featuring 21.4m* of frontage to Orrong Road and situated just 250m* from the vibrant Toorak Village retail precinct.
- High profile 910sqm* Toorak landholding
- 21.4m* frontage to Orrong Road
- General Residential 11 Zoning affording premium residential development outcomes (STCA)
- No Heritage Overlay
- Highly affluent suburb with median house price in excess of $5,300,000 (REIV Q4 2023)
- 250m* from Toorak Village retail and hospitality precinct
- 5km* from Melbourne CBD
- 1km* from Toorak train station and moments from Toorak Road tram routes
Lifestyle, retail and hospitality offerings are plentiful within the immediate area. Toorak Village features iconic dining offerings including Cecconi's, Laurent & Cucina Toorak, whilst also providing all the essentials in Woolworths & Coles, Westpac, Commonwealth Bank & Australia Post. Como Park, Orrong Romanis Reserve, and Royal South Yarra Lawn Tennis Club are all within 1km* of the property and ensure that those with active lifestyles are well catered for.
707 Orrong Road, Toorak features a development scheme for 3 ultra-premium residences (each in excess of 440sqm*) with private gardens, cellars, dedicated independent lift entry for each residence, pool/spa/steam/sauna facilities, and ample car parking.
For further information, please reach out to they appointed agents from Colliers.
