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1045 Toorak Road, Camberwell VIC 3124

House524

Blue-chip location & Prized GRZ5 Development Opportunity

A rare opportunity not to be missed to own this large period home, perfectly positioned on the primed and prestigious Toorak Road, a blue-chip and highly sought-after pocket of Camberwell. Occupying a generous parcel of land 880sqm approx, this substantial property offers many exciting options:

-Astute buyers can move in and relish the immediate comfort of the renovated, light filled, open-plan design, five-bedroom residence with high-wall seclusion and a prized north-facing rear garden living or continue to enjoy the current rental income of $900/week while holding out for property increase in value in time to come

-In time ready to add further contemporary renovation or knockdown rebuild your brand-new luxury dream home, settle into and enjoy an enviable and relaxing lifestyle of prestigious Camberwell has to offer A family friendly area, lively shopping strip, restaurants, cinemas, good public transport and excellent schools and proximity to the city. Its only 9-minutes walk to Leo's Fine Food & Wine Supermarket.

-Developers can take advantage of this rare and exceptional opportunity to capitalise on the blocks huge size and scope, GRZ5 zoning with potential to build multiple stylish townhouses perhaps (STCA), or multi residential, penthouse-style luxury apartment building of up to three levels (STCA).
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Key Details

Property Type:House
 
RT Edgar Toorak

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            Statement of information

            Section 47AF of the Estate Agents Act 1980
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            Camberwell Suburb Information

             
            Average Age
            43 years
            Population
            22,081
            Camberwell's Property Profile
            Camberwell's Occupancy

            Contact agents

            RT Edgar Toorak

            RT Edgar Toorak

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            Mandy ZhuRT Edgar Toorak
            Jin ShangRT Edgar Toorak
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            Listing ID: 177278132. This listing has been viewed 11 times. It was first displayed on 13/09/19 and last updated on 06/01/20.