1359 Toorak Road

High Exposure Retail Freehold with Development Potential STCA

Toorak Road Camberwell is a well-established and recognised local retail precinct known as the Burwood Village and is anchored by major retailers, independent operators and quality food and beverage establishments. This is a unique opportunity to secure a substantial main road building to occupy, invest or develop in the future (STCA). Investment: • Lease expiry is 18/06/2025 + Option of 1 year • Returning $120,000 per annum + GST • Rent increases as of the 18.06.26 at 3% increase • Outgoings paid by the tenant excl land tax Property Highlights: • Land Area: 567sqm* • Frontage: 16.8 metres • Rear Laneway Access • Substantial rear council car park • Flexible Commercial 1 Zoning • Significant upside with potential for multi-level mixed use development (STCA). Proudly presented to you by Belle Property Blackburn | Adrian Stefanetti 0488 555 647 & James Moss 0418 333 676.