416 Toorak RoadToorak VIC 3142
Property Details for 416 Toorak Rd, Toorak
Last Listing description (October 2023)
Fitzroys is delighted to offer this perfectly located freehold investment in the established and now rapidly developing "Toorak Village" for sale by Public Auction on Friday 27th October at 12PM on site.
The key attributes of this opportunity include:
- Located within Melbourne's most prestigious retail strip surrounded by several premium sites in different stages of planning, construction and completion.
- Irreplaceable land holding of 196sqm with exceptional frontage of 5.9 metres approx to Toorak Road.
- Servicing the exclusive high net worth local catchment of suburbs including Toorak, Armadale and South Yarra.
- Open plan shop with full height glass shopfront and rear storage plus garage car parking on title.
- Three (3) year lease plus options to 2028.
- Surrounded by a plethora of new developments including Saint Germain (office development of 2,000sqm and Coles Local Supermarket), Orchard Piper - Village (6 level development comprising of new retail, office and luxury apartments setting record breaking off the plan sales) and the Ex Worrells Mercedes Benz - Carters Avenue site of 3,600sqm* with a planning application currently under consideration at Council.
- Highly flexible Commercial 1 Zoning with a Design and Development overlay promoting height of 16.5 metres (STCA)
- Melbourne's strongest median house price suburb of $5,900,000*.
-Excellent transport connectivity via the 58 tram along Toorak Road and walking distance to Toorak Train Station providing quick access to Melbourne's CBD.
416 Toorak Road, Toorak presents an outstanding opportunity to acquire a high exposure freehold investment located within the prestigious Toorak Village shopping precinct.
FOR SALE BY PUBLIC ON SITE AUCTION FRIDAY 27TH OCTOBER at 12PM
*Approx.
Property History for 416 Toorak Rd, Toorak, VIC 3142
- 08 Oct 2025Sold for $2,970,416
- 27 Oct 2023Sold for $2,700,000
- 25 Sep 2023Listed for Sale Contact Agent
Recent sales nearby
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About Toorak 3142
The size of Toorak is approximately 4.3 square kilometres. It has 10 parks covering nearly 3.1% of total area. The population of Toorak in 2016 was 12909 people. By 2021 the population was 12817 showing a population decline of 0.7% in the area during that time. The predominant age group in Toorak is 20-29 years. Households in Toorak are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Toorak work in a professional occupation.In 2021, 65.20% of the homes in Toorak were owner-occupied compared with 61.70% in 2016.
Toorak has 9,338 properties. Over the last 5 years, Houses in Toorak have seen a 12.72% increase in median value, while Units have seen a 8.18% increase. As at 31 December 2025:
- The median value for Houses in Toorak is $4,935,450 while the median value for Units is $1,110,508.
- Houses have a median rent of $850 while Units have a median rent of $673.
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