438-440 Toorak Road, TOORAK, VIC, 3142

-- EOI CLOSED, OFFERS UNDER ASSESSMENT --

Fitzroys is delighted to offer 438-440 Toorak Road (Corner Carters Avenue), Toorak for sale via Expressions of Interest closing Wednesday 5th May at 2pm.

Features of this outstanding opportunity include:

- Secure lease to long standing ASX listed tenant, ANZ Bank

- Returning $329,600 per annum net (as at 29/5/21)

- All outgoings recovered from the tenant including Land Tax (single holding basis)

- Dual frontage to Toorak Road and Carters Avenue of over 44 metres

- Dominant land holding of 354sqm*

- Substantial two-level modernised bank building of 394sqm* plus onsite parking

- Unrivalled location within Toorak’s prestigious retail, lifestyle and commercial precinct

- Directly opposite proposed $600 million commercial re-development of the Village Way and Village Walk Arcades, which will include over 10,000sqm of premium office space over 8 levels plus a ground floor Coles Supermarket.

- Large council Car Park situated immediately behind the property

- Excellent connectivity to South Yarra and the CBD with trams operating along Toorak Road

- Future value add potential (stca)

- Rare opportunity – First time offered in over 30 years!

Remember to mention you found this property on CommercialReady.com.au