1077-1079 Malvern Road, Toorak, Vic 3142

A rare and outstanding opportunity to acquire “Hopetoun” a boutique English, Tudor style clinker brick complex of four apartments, situated in a prestigious Toorak location on the corner of Hopetoun Road. Occupying a generous allotment of 1010sqm approx. the site offers Developers the options for total redevelopment with the construction of multiple luxury apartments or townhomes complementing the surrounding area and capitalising on the corner position providing dual access. Alternatively holding the property and leasing the apartments while a decision on the future is made or while Architect plans and Council approval is obtained for the redevelopment.

The existing apartments are in excellent condition and will lease easily with each one having a similar layout. Featuring period attributes, high ceilings, living and dining rooms, stylish kitchens, two bedrooms, bathrooms and powder rooms. Other features include no heritage overlay, lush established gardens, heating and lock-up garages plus off-street parking.

This exceptional opportunity is positioned opposite Lauriston Girl’s School and provides easy access to many of Melbourne’s other elite schools and to some of Melbourne’s finest shopping precincts; including Glenferrie, Malvern and Toorak Roads or High Street all providing an array of boutiques, dining and café options to be enjoyed. Whilst it is just minutes to CityLink for travel to the CBD or the Mornington Peninsular. Also offering a choice of tram services at the doorstep which complements the appeal of this location.

Land size: 1010sqm approx.