18-20 Stonnington Place
Toorak, VIC 3142

This exceptional corner site offers a unique opportunity to build your dream home, two houses, or new apartments. The property boasts a broad frontage of 42 meters to Cross Street and 22 meters to Stonnington Place, encompassing a total land area of 952 square meters. Currently, the site is configured as seven separate titles, comprising six two-bedroom apartments and one one-bedroom apartment.

Located in a tranquil and highly sought-after position, the property provides easy access to the vibrant shopping and dining precincts along Glenferrie and Malvern Roads. Residents will also appreciate the proximity to beautiful parklands and convenient public transport options, enhancing the lifestyle appeal of this prime location.

The existing apartments offer a solid foundation for redevelopment or renovation, catering to a variety of investment or residential needs. The generous land size and corner positioning provide excellent potential for future development, whether that be constructing a single luxury residence, multiple townhouses, or a boutique apartment complex, subject to council approval.

With its strategic location in Toorak, one of Melbourne's most prestigious suburbs, this property represents a rare and valuable opportunity for discerning buyers seeking to capitalize on the area's strong demand and lifestyle advantages. The combination of size, location, and flexibility makes this an ideal site for a range of residential projects.

Investors and developers will find the property's layout and titles advantageous, allowing for various development pathways. The broad street frontages enhance street presence and accessibility, while the quiet surroundings ensure a peaceful living environment. This site is perfectly positioned to benefit from the amenities and lifestyle offerings of Toorak, including elite schools, boutique shopping, fine dining, and excellent transport links to the Melbourne CBD and beyond.

Overall, this property offers a compelling proposition for those looking to create a bespoke living space or a lucrative development project in a premium location. The combination of existing apartments, substantial land area, and corner positioning provides a versatile platform to realize a range of residential visions in one of Melbourne's most desirable suburbs.