Skip to main content
SearchBack to results

169-175 TOORAK ROAD South Yarra VIC 3141

  • Shop & Retail
  • 657 m²
  • Commercial Auction

EXCEPTIONAL SOUTH YARRA CORNER FREEHOLD

  • INVEST, OCCUPY, VALUE-ADD OR REDEVELOP
  • FULLY LEASED FUTURE PROOF LOCATION
  • METRES FROM TRAIN STATION

Emmetts present one of South Yarra's best freehold corners for sale by Public On Site Auction Friday 28th May at 12:30pm.

A substantial multi-let corner freehold opposite one of metropolitan Melbourne's busiest railway stations and in a prime retail position benefiting from strong levels of growth in pedestrian footfall.

Four fully leased shops, flexible landlord redevelopment break options in all leases, a future proof retail location of ever-growing pedestrian traffic plus significant redevelopment potential.

Investment considerations include:

+ Dominant corner freehold opportunity providing real upside for investors, developers and owner occupiers.

+ High density retail location underpinned by proximity to South Yarra train station.

+ Major projects nearby continuing to facilitate strong population growth.

+ Landholding of 613 sq m* with 20m* frontage to Toorak Road and 30m* frontage to Yarra Street.

+ Activity Centre Zoning with precinct structure plan encouraging potential for mixed use multi-storey redevelopment (STPA).

+ Total building area 657 sq m*.

+ Fully leased to four retail tenants with lease expiry alignment plus landlord redevelopment-break options.

+ Redevelopment potential of 9 to 13 storeys (STPA).

+ Value-add option to activate surplus land fronting Yarra Street

+ Rare opportunity to acquire an exceptional South Yarra real estate holding.

The property is offered for sale by public on site auction scheduled to take place 28th May at 12:30pm.

* denotes approximate.

^denotes subject to council approval

For further information on this sale, contact the exclusive selling agents.

Auction date and time28/05/2021 12:30
Auction location169-175 Toorak Road, South Yarra VIC
Charles Emmett
Emmetts Real Estate
Charles Emmett
Emmetts Real Estate
Andrew Milligan
Emmetts Real Estate
Andrew Milligan
Emmetts Real Estate
Geoff Emmett
Emmetts Real Estate
Geoff Emmett
Emmetts Real Estate

Property Highlights

Property ID2016973807
Floor Area657 m²
Land Area613 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  3 May 2021
Map for 169-175 TOORAK ROAD South Yarra VIC 3141
Map for 169-175 TOORAK ROAD South Yarra VIC 3141169-175 TOORAK ROAD South Yarra VIC 3141
Charles Emmett
Emmetts Real Estate
Charles Emmett
Emmetts Real Estate
Andrew Milligan
Emmetts Real Estate
Andrew Milligan
Emmetts Real Estate
Geoff Emmett
Emmetts Real Estate
Geoff Emmett
Emmetts Real Estate

Property Highlights

Property ID2016973807
Floor Area657 m²
Land Area613 m²
ParkingAsk Agent
Annual ReturnAsk Agent
AvailabilityTenanted
Category
Last updated  3 May 2021
Emmetts Real Estate
Level 7/24 Collins St Melbourne VIC 3000
Charles Emmett
Emmetts Real Estate
Charles Emmett
Emmetts Real Estate
Andrew Milligan
Emmetts Real Estate
Andrew Milligan
Emmetts Real Estate
Geoff Emmett
Emmetts Real Estate
Geoff Emmett
Emmetts Real Estate
Charles Emmett

Charles Emmett

Emmetts Real Estate

Andrew Milligan

Andrew Milligan

Emmetts Real Estate

Geoff Emmett

Geoff Emmett

Emmetts Real Estate

0402 *** ***
0402358069

More Properties for Sale from Emmetts Real Estate

820-824 Whitehorse Road Box Hill VIC 3128
For SaleContact Agent
820-824 whitehorse road,box hill, VIC 3128
223 - 254 m²
Shop & Retail
862-864 Canterbury Road Box Hill South VIC 3128
Expressions of Interest
862-864 canterbury road,box hill south, VIC 3128
434 m²
Development / Land
Contact Agent