535a Toorak Road
Toorak, VIC 3142

This commercial property at 535a Toorak Road, Toorak, presents a versatile opportunity in one of Melbourne's most prestigious retail precincts. The ground floor retail boutique offers a modern and perfectly presented space spanning approximately 100 square meters, featuring a contemporary glass frontage that enhances its street presence and visibility.

Located in the rapidly evolving Toorak Village retail and lifestyle centre, this property benefits from high exposure to both pedestrian and vehicular traffic, making it an ideal location for businesses seeking prominence in a sought-after area. The boutique currently generates a short-term income of $61,325 per annum plus GST, providing an immediate return on investment.

Toorak is renowned as Melbourne's most expensive locale, with a median house price of $5,995,000, underscoring the exclusivity and affluence of the surrounding catchment. This property services an exclusive clientele from some of Melbourne's most prestigious suburbs, including Toorak, South Yarra, Armadale, and Malvern, ensuring a high-quality customer base.

Transport connectivity is excellent, with nearby access to trams, trains, and major road networks, facilitating ease of access for both customers and staff. The area is set to benefit further from significant developments, including the completion of the $300 million St Germain development, which will enhance the retail and lifestyle offerings in Toorak Village.

Additional upcoming projects include Orchard Piper’s $150 million mixed-use development on Toorak Road and a $400 million luxury apartment complex on Carters Avenue, anchored by prominent restaurants. These developments are expected to increase foot traffic and further elevate the profile of the precinct.

This property represents a rare and affordable opportunity to secure a prime retail space within Melbourne's most prestigious and rapidly developing commercial area. Its combination of location, presentation, and income potential makes it highly recommended for consideration by investors and owner-occupiers alike.

For further information or to arrange an inspection, interested parties are encouraged to make contact with the exclusive agents managing this offering.