Investment Property Available
For Sale Land/Development

High Profile Corner Site in Premium Precinct

565 Orrong Rd Armadale and 693-699 High Street, Prahran, Victoria 3143 Australia
Investment Property Available
For Sale Land/Development

High Profile Corner Site in Premium Precinct

565 Orrong Rd Armadale and 693-699 High Street, Prahran, Victoria 3143 Australia
Lot Size
1,280 SQM
Lot Size
1,280 SQM

OVERVIEW

Cushman & Wakefield Development Sites are pleased to present ‘Orrong Corner’ at 565 Orrong Road, Armadale & 693–699 High Street, Prahran for sale via Expressions of Interest closing Thursday 16 July at 2pm (AEST).


Occupying a commanding corner landholding of 1,280sqm*, this exceptional offering presents a rare opportunity for development, investment or owner occupation in one of Melbourne’s most tightly held and affluent precincts.


Key details are highlighted below: 


- Substantial landholding of 1,280sqm*

- Prominent corner position with extensive frontage of 72.12m*

- Development concept prepared by Cera Stribley, providing for a premium mixed-use outcome

- 693-699 High Street Prahran is zoned Commercial One providing ultimate flexibility

- 565 Orrong Road is currently Residential Growth Zone (RGZ1), with pending inclusion in the Housing Choice and Transport Zone HCTZ1 (Inner Catchment)

- Potential for CBD, Toorak Park and bay views (STPA)

- Existing improvements provide holding income and include three retail shops and two residential dwellings

- Highly sought after position with proximity to Orrong Park, Toorak Park, Victoria Gardens, High Street Armadale shopping precinct, Hawksburn Village, Beatty Avenue and Toorak Train Station 

- Surrounded by a number of successful and high-quality residential developments, including Grandview, Hampden, Larnook, Monument and 835 High Street

- Positioned within one of Melbourne’s most affluent residential catchments, supported by strong median house prices across Armadale, Toorak, Prahran, Malvern and South Yarra


This is a rare corner opportunity offering scale, flexibility and long-term upside in a blue-chip inner-Melbourne location.


For further information please contact the agents below. 


Hamish Burgess | 0421 641 497

Oliver Hay | 0419 528 540

Daniel Wolman | 0412 957 839

Leon Ma | 0417 070 725


*Approx.

- Inner East Melbourne

Details

Sale Price:
Contact us for pricing
Lot Size:
1,280 SQM

LOCATION

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS