498a & 498b Toorak Road
Toorak

Inspections Strictly By Appointment During Advertised Times

"Warrington" - An Exceptional Opportunity

Settlement up to six months available.

Impressively set within an exceedingly rare slice of Toorak Village development land measuring 649sqm approx. (16.8m x 38.7m), these two separately titled residences (to be sold as one) represent an exceptional opportunity to redevelop STCA (GRZ1 zoning, 13.5m height limit, no covenants or overlays). Alternatively, the existing apartments - with the benefit of upgrading - would be a rewarding addition to any investment portfolio, or perhaps this could be an ideal site on which to create a luxury new home.

The ground level residence - currently tenanted - features an abundance of marble through the entrance hall and expansive adjoining sitting room, formal dining room and a living room all opening to the private west-facing garden. The kitchen and casual dining room opens to the garden. There is also a main bedroom with ensuite and walk in robe, second bedroom, bathroom, laundry and double garage.

The upper level residence would require additional attention. The open plan sitting, dining and living room opens to large northwest facing terraces. The kitchen and casual dining room feature marble floors. Completing the floorplan is a main bedroom with ensuite and walk in robe, second bedroom, bathroom, laundry and double garage.

In a highly sought-after location walking distance to the Village with its myriad shops and restaurants, tram, bus, schools and Como Park, this is an opportunity not to be missed.