1/3 Ormsby Grove

Toorak, VIC 3142, Australia

3 bed 0 bath 2 car

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Based on recent comparable sales in Toorak

+6.2% suburb growth over 12 months

🏫

8.4/10

Schools

🚇

87/100

Walk Score

📈

+6.2%

Growth

🛡️

9.1/10

Safety

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About this property

Inspect via private appointment Perfectly positioned in one of Toorak's most exclusive addresses, Ormsby Grove represents an exceptional opportunity to secure a blue-chip parcel of land just a stone's throw from Toorak Village. Surrounded by leafy streets, high-end shopping, renowned cafés and Melbourne's finest schools, this tightly held location offers lifestyle excellence and enduring investment appeal. Occupying a prominent position, the property currently comprises three self-contained living spaces, each with rental income potential. While attractive as an investment in its present form, the true value lies in the opportunity to transform the site. Buyers may choose to retain the living spaces, unlock immediate rental returns, or take advantage of the site's potential to rebuild or redevelop (STCA), creating a landmark home or contemporary development in the heart of Toorak. Properties of this calibre, with such versatile scope in a premier location, are increasingly rare. Ormsby Grove is a distinguished offering in Melbourne's most prestigious suburb.