fbpx

Toorak Road Apartment Site Sells For $6.55 Million

by 

Source: The Urban Developer

Melbourne-based property investment specialist OpenCorp has paid $6.55 million for a residential site with plans for a new apartment development at Hawthorn East in Melbourne’s inner-eastern suburbs.

According to selling agents, Savills’ Julian Heatherich, James Lockwood and Jesse Radisich, the 757-763 Toorak Road property attracted very strong interest from developers looking to take advantage of Melbourne’s burgeoning apartment market.

“This was an exceptional site offering developers great flexibility and site access as well as main street exposure in one of Melbourne’s most sought after inner suburbs and within easy reach of all essential amenities,” Mr Heatherich said.

Read the rest of the article HERE.

 

Find out why now is the time to invest.

"Property Investing Unpacked Webinar"

Now on demand and available for you to watch at your convenience.

Master the 2024 property strategies that lead to success.

Learn how to invest based on factual data with our FREE Mini Guide to property investing.