482 Toorak Road, Toorak

Page 1

TOORA K V I LLAGE
Public Auction
5th April 2023 at 12 noon on-site TOORAK ROAD TOORAK 28 4
For Sale by
Wednesday
4. Buy Me 6. Executive Summary 8. Introduction 10. Why Buy? 12. Location 14. Property Particulars 19. Toorak Village 20. Tenancy Details 22. Sale Method 24. Floor Plan TOORAK ROAD TOORAK 28 4
3
Contents

BUY ME.

Aston Commercial are pleased to offer 482 Toorak Road, Toorak For Sale by Public Auction

Wednesday 5th April 2023 at 12 noon on-site.

4
I’m exclusive. Rare offering in the heart of Toorak Village I’m flexible. Invest or occupy/develop I’m hard working. Laneway access and parking 5

Executive Summary

TOORAK ROAD

Location

Two level freehold situated in the heart of the famous Toorak Village between Grange Road & Ross Street.

Building Area

124 sqm*

Method of Sale

For Sale by Public Auction on Wednesday 5th April 2023 at 12 noon on-site.

Land Area

148 sqm*

Zoning

Commercial 1 Zone – C1Z

Terms of Sale

10% deposit with the balance payable in 60 days.

*approx

Jeremy Gruzewski Executive Director 0422 211 021 jeremy@astoncommercial.com.au

Liam Rafferty

Associate Director 0421 886 655

liam@astoncommercial.com.au

SELLING AGENTS
EXCLUSIVE
28 4 6
TOORAK

Introduction

This stunning property offers a unique opportunity for investors and owner occupiers to secure a prime piece of real estate in one of Melbourne’s most soughtafter locations.

Located in the heart of Toorak Village, surrounded by luxury fashion boutiques, gourmet food stores, and premium services. The high-end location provides a unique opportunity for businesses looking to establish themselves in a premium market.

With the shopping precinct benefitting from a number of high profiled developments, this area is set to further benefit from the introduction of a full line Coles Supermarket.

Aston Commercial highly recommends 482 Toorak Road, Toorak for your serious consideration.

8

Why buy?

Melbourne’s most expensive suburb

Rear

Flexibility to Invest or Occupy

laneway access with on-site parking

Two level freehold building

ZONE

Flexible Commercial 1 – C1Z zoning allowing for a wide range of future uses

Tightly held precinct with very few annual Commercial Sales

Location

Toorak is a prestigious suburb located in Melbourne just 5km’s from the CBD. Known for its luxurious lifestyle, grand properties, and tree-lined streets, Toorak is one of the most affluent suburbs in the country.

Renowned for its extravagant and spacious properties, the suburb is home to some of the most expensive real estate in Australia. The housing stock is dominated by large, detached houses with expansive gardens and swimming pools. Many of these homes have historical significance and feature grand architecture.

Toorak has a range of parks and open spaces, including the popular Como and Toorak Parks and has several community events throughout the year, such as the Toorak Village Festival and the Toorak Art Walk.

Also prominent are its prestigious schools including Loreto Mandeville Hall, St Catherine’s, Lauriston Girls and Geelong Grammar.

With its grand properties, excellent schools, and easy access to Melbourne’s city centre, Toorak is an ideal place to live for those who seek the best in life.

Toorak’s Median House Price: $5,225,000

Surrounding Suburbs:

South Yarra $2,001 ,0 00

Armadale $2,600,000

Malvern $2,850,000

source: realestate.com.au / December 2022

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Property Particulars

The property is outlined on the Certificate of Title as follows:

Volume: 076110 Folio: 928

Lot 1 on Title Plan 605393S

Planning

Toorak
4.87
Lamin
4.87
Depth 30.48
Total
Road Frontage
metres*
Lane Frontage
metres*
metres*
Land Area 148 square metres*
Title Particulars Zoning Land Dimensions and Area *approx
Under the City of Stonnington
Scheme the land is zoned Commercial 1 – C1Z.
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Toorak Gold - Join the elite!

Toorak Village

Toorak Village is a vibrant shopping precinct located in the heart of the affluent suburb of Toorak, Melbourne. The precinct is well known for its high-end boutiques, gourmet food stores, and premium services. The precinct is easily accessible by public transport and has ample parking facilities available, making it a popular destination for locals and visitors alike.

The Toorak Village shopping precinct is undergoing an exciting transformation with the addition of the new St Germain development. This multi-purpose development is set to become a new focal point of the precinct, providing a range of high-end office and commercial spaces.

As part of the St Germain development, there will be several new retail tenancies added to the Toorak Village shopping precinct, as well as a brand new Coles supermarket. These new additions will bring even more high-end retail and dining options to the area, making Toorak Village a destination for those seeking premium shopping experiences.

The addition of these new tenancies will further enhance the already vibrant and bustling Toorak Village shopping precinct.

https://www.toorakvillage.com.au/

19

Tenancy Details

Tenant Business Name

Current Rent

Term

Commencement

Tenancy Conclusion

Further Terms

Outgoings

Skin Deep Laser Specialists

$56,243 pa + GST

Two (2) Years

1st September 2021

31st August 2023

Nil

Paid by tenant

Overview of Tenant

Skin Deep Laser Specialists

Skin Deep Laser Specialists is an advanced skin clinic in Toorak. Situated on Toorak Road, this evidence-based practice offers an array of skin treatments designed to deliver visible results that empower you to look and feel your very best. Regain your confidence and learn how to realise your skin’s true potential thanks to the expert team at Skin Deep Laser Specialists. Following your individual consultation, you will discover the power of good skin and be given a customised pathway to your goals. Skin Deep Laser Specialists offer ladies’ laser hair removal, men’s laser hair removal, LED treatment, skin needling, face peels, microdermabrasion, laser dermal rejuvenation and add ons to suit your individual needs.

https://skindeepaustralia.com.au/

Owner Occupation

With the current tenancy concluding at the end of August the property allows flexibilty for buyers to occupy from Q4 2023.

The property consists of rear parking for multiple vehicles, bathrooms across both floors, basins in consulting rooms and kitchenette.

Refer to floor plan on page 24.

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Sale Method

Method of Sale

For Sale by Public Auction on Wednesday 5th April 2023 at 12 noon on-site

Inspections

Strictly by private appointment with the exclusive selling agents

Terms of Sale

10% deposit with the balance payable in 60 days

Contract of Sale & Vendors Statement

Available upon request

EXCLUSIVE SELLING AGENTS
TOORAK ROAD TOORAK 28 4
Liam Rafferty Associate Director 0421 886
liam@astoncommercial.com.au Jeremy Gruzewski Executive Director 0422 211 021
22
655
jeremy@astoncommercial.com.au

482 Toorak Road, Toorak

A/C
24

Thinking of Selling?

Great sales results always get talked about. The work that makes them happen, usually doesn’t.

There’s so much smoke around sales, that it’s hard to even talk about it in a brochure without a smile. Everyone makes claims, but the obvious truth, is not everybody is equally good at this.

OUR SALES DNA

One of the differences at Aston Commercial, is that while what we say might be called an “opinion”, it’s always based on evidence. We do our homework first and talk later.

Another difference is that for us, sales is very much a whole team exercise, where there are many players and all our departments work together in the pursuit of the best result.

TRUSTED TACTICAL

The experience of our team members are reinforced by Client testimonials, which lead us to being more than a real estate agent, but a trusted advisor

Deciphering the highest and best use and positioning your property through the implementation of elite marketing across all mediums

TENACIOUS

A relentless “never give up” attitude focused on the Client destination

Aston Commercial for a confidential and strategic conversation about your property.
Contact

DISCLAIMER

“Materials” refers to any representations, statements, documents, data, statistics, measurements, estimates, figures, calculations, projections, approximates or otherwise stated by Aston Commercial Pty Ltd whether verbally or in writing. The Materials have been collated to assist potential purchasers for advertising and general information only to assist potential purchasers to decide whether to proceed with further investigation in relation to the property or the land. The Materials provided by Aston Commercial does not constitute any offer or contract of sale and is not to be relied upon prior to signing any relevant contract. Any dimensions or measurements of the property or the land (internal and external) are approximates only and should not be relied upon before signing any contract. The potential purchaser must conduct investigations to satisfy themselves that any Materials provided are accurate. Aston Commercial excludes unequivocally all inferred or implied terms, conditions and warranties arising out of the Materials and excludes all liability for loss and damage arising therefrom.

*Approximate

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