482 Toorak Road, Toorak, VIC 3142 | Property Value & History | OnTheHouse
OFF MARKET

482 Toorak Road
Toorak VIC 3142

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 124m2
Land area: 149m2
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Property Details for 482 Toorak Rd, Toorak

Building Type
Commercial
Floor Size
124m2
Land Size
149m2
Local Government
Stonnington
Lot/Plan
1/TP605393

Last Listing description (April 2023)

Aston Commercial are excited to offer 482 Toorak Road, Toorak for sale by Public Auction on Wednesday 5th April at 12 noon on-site.

Tightly held precinct with very few annual Commercial Sales
Rear laneway access with on-site parking

Melbourne's most expensive suburb
Flexibility to Invest or Occupy
Holding income of $56,243 pa until 31st August 2023
Two level freehold building of 124 sqm*
Flexible Commercial 1 C1Z zoning allowing for a wide range of future uses

This stunning property offers a unique opportunity for investors and owner occupiers to secure a prime piece of real estate in one of Melbourne's most sought-after locations.

Located in the heart of Toorak Village, surrounded by luxury fashion boutiques, gourmet food stores, and premium services. The high-end location provides a unique opportunity for businesses looking to establish themselves in a premium market. The current lease expires in August 2023 which provides holding income while plans to occupy or lease are finalised.

With the shopping precinct benefitting from a number of high profiled developments this area is set to further benefit from the introduction of a full line Coles Supermarket.

Please contact Aston Commercial today to arrange your private inspection.

*approx.

Property History for 482 Toorak Rd, Toorak, VIC 3142

A timeline of how this property has performed in the market
Last Sold
$2,532,500
05 Apr 2023
Listed for Rent
04 Sep 2018
  • 05 Apr 2023
    Sold for $2,532,500
  • 08 Mar 2023
    Listed for Sale Contact Agent
  • 09 May 2018
    Listed for Rent - Price not available
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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 -6.44% decrease in median value, while Units have seen a 4.26% increase. As at 30 November 2025:

  • The median value for Houses in Toorak is $4,155,231 while the median value for Units is $1,011,747.
  • Houses have a median rent of $840 while Units have a median rent of $650.
There are currently 10 properties listed for sale, and 6 properties listed for rent in Toorak on OnTheHouse. According to Cotality's data, 435 properties were sold in the past 12 months in Toorak.

Suburb Insights for Toorak 3142

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.