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762 Toorak Rd - Tooronga Village Shopping Mall 1,151 SF Office Condo Unit in Glen Iris, VIC 3146
Investment Highlights
- Established retail and lifestyle destination within a thriving mixed-use development.
- 488 undercover car parks, inclusive of accessible and family-friendly spaces, offering convenience and customer-friendly parking terms.
- Home to 26+ specialty stores anchored by Coles and First Choice Liquor, complemented by cafes, dining, fresh food, medical, beauty.
- Located in Melbourne’s premium eastern corridor with exceptional exposure to Toorak and Tooronga Roads.
Executive Summary
Tooronga Village is a contemporary retail and lifestyle hub located at the corner of Tooronga Road and Toorak Road, approximately 7 km southeast of Melbourne’s CBD. The center forms part of a mixed-use precinct that incorporates retail, commercial offices, and residential apartments, creating a dynamic and high-traffic environment. Featuring over 26 specialty retailers anchored by Coles and First Choice Liquor, the center includes a diverse mix of services, dining options, and convenience-focused operators such as Pacific Smiles Dental, Just Cuts, Nando’s, Sushi Don, and multiple café outlets. The complex provides extensive customer amenity including professional services, health and beauty, and essential everyday shopping, positioning it as a premier destination in Melbourne’s inner-east. Tooronga Village offers 488 undercover car spaces across B2 and B3 levels, including accessible and parent-friendly parking facilities, with 3-hour free parking on weekdays and unlimited free parking on weekends. The center is highly accessible via major arterials and enjoys excellent connectivity to public transport, being within close range of Tooronga Railway Station and major bus routes, as well as convenient access to the Monash Freeway for broader regional catchments
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment | No. Parking Spaces | 4 |
| Sale Type | Investment |
| No. Parking Spaces | 4 |
Description
This elegant and versatile first-floor office suite of approximately 107 m² offers a premium position within the highly regarded Tooronga Village commercial complex. Designed to accommodate a modern professional environment, the suite benefits from a north-facing orientation that floods the space with natural light, creating an uplifting and productive atmosphere.
The internal configuration features a flexible mix of private offices and open-plan work areas, integrated with a dedicated kitchen facility for staff convenience. Occupants can also access a shared open-air courtyard, adding lifestyle appeal to this high-quality workplace setting. Enhancing functionality are four allocated on-site car spaces, ensuring practical accommodation for staff or visiting clients.
This property is a strategic offering for investors seeking a secure, income-generating asset in one of Melbourne’s most desirable inner-eastern suburbs, with exceptional proximity to key arterials and amenities at Tooronga Shopping Village.
The internal configuration features a flexible mix of private offices and open-plan work areas, integrated with a dedicated kitchen facility for staff convenience. Occupants can also access a shared open-air courtyard, adding lifestyle appeal to this high-quality workplace setting. Enhancing functionality are four allocated on-site car spaces, ensuring practical accommodation for staff or visiting clients.
This property is a strategic offering for investors seeking a secure, income-generating asset in one of Melbourne’s most desirable inner-eastern suburbs, with exceptional proximity to key arterials and amenities at Tooronga Shopping Village.
Sale Notes
GormanKelly proudly presents an outstanding opportunity to acquire a securely leased office investment in the prestigious Tooronga Village commercial precinct, a thriving hub just minutes from Melbourne CBD. Suite G03, occupying 107 m² of premium office space, combines elegant design with enduring tenant appeal, presenting an excellent long-term wealth creation vehicle.
The suite is leased on a 3 + 3 year term commencing 15 May 2024, returning $46,508.80 per annum plus GST and outgoings (excluding land tax) as at May 2026. With a functional layout comprising offices, collaborative space, kitchen facilities, and access to a shared open-air courtyard, the property meets strong market demand for well-connected, amenity-rich workplaces.
Located just moments from the Monash Freeway and Tooronga Station, this asset enjoys unrivaled convenience and accessibility, supplemented by on-site amenities and neighboring premium retail services. Four dedicated car spaces add further value and practicality.
Representing a trophy investment within Melbourne’s highly coveted inner-east, Suite G03 offers investors both security and growth potential underpinned by a quality tenant, a desirable address, and resilient office demand in blue-chip suburban markets.
The suite is leased on a 3 + 3 year term commencing 15 May 2024, returning $46,508.80 per annum plus GST and outgoings (excluding land tax) as at May 2026. With a functional layout comprising offices, collaborative space, kitchen facilities, and access to a shared open-air courtyard, the property meets strong market demand for well-connected, amenity-rich workplaces.
Located just moments from the Monash Freeway and Tooronga Station, this asset enjoys unrivaled convenience and accessibility, supplemented by on-site amenities and neighboring premium retail services. Four dedicated car spaces add further value and practicality.
Representing a trophy investment within Melbourne’s highly coveted inner-east, Suite G03 offers investors both security and growth potential underpinned by a quality tenant, a desirable address, and resilient office demand in blue-chip suburban markets.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit G03 | 1,151 SF | Office | Upon Request | - |
Unit G03
| Unit Size |
| 1,151 SF |
| Condo Use |
| Office |
| Price |
| Upon Request |
| NOI |
| - |
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Unit G03
| Unit Size | 1,151 SF |
| Condo Use | Office |
| Price | Upon Request |
| NOI | - |
| Sale Type | Investment |
| No. Parking Spaces | 4 |
| Description | |
| This elegant and versatile first-floor office suite of approximately 107 m² offers a premium position within the highly regarded Tooronga Village commercial complex. Designed to accommodate a modern professional environment, the suite benefits from a north-facing orientation that floods the space with natural light, creating an uplifting and productive atmosphere.<br> <br> The internal configuration features a flexible mix of private offices and open-plan work areas, integrated with a dedicated kitchen facility for staff convenience. Occupants can also access a shared open-air courtyard, adding lifestyle appeal to this high-quality workplace setting. Enhancing functionality are four allocated on-site car spaces, ensuring practical accommodation for staff or visiting clients.<br> <br> This property is a strategic offering for investors seeking a secure, income-generating asset in one of Melbourne’s most desirable inner-eastern suburbs, with exceptional proximity to key arterials and amenities at Tooronga Shopping Village.</li></ul> | |
| Sale Notes | |
| GormanKelly proudly presents an outstanding opportunity to acquire a securely leased office investment in the prestigious Tooronga Village commercial precinct, a thriving hub just minutes from Melbourne CBD. Suite G03, occupying 107 m² of premium office space, combines elegant design with enduring tenant appeal, presenting an excellent long-term wealth creation vehicle.<br> <br> The suite is leased on a 3 + 3 year term commencing 15 May 2024, returning $46,508.80 per annum plus GST and outgoings (excluding land tax) as at May 2026. With a functional layout comprising offices, collaborative space, kitchen facilities, and access to a shared open-air courtyard, the property meets strong market demand for well-connected, amenity-rich workplaces.<br> <br> Located just moments from the Monash Freeway and Tooronga Station, this asset enjoys unrivaled convenience and accessibility, supplemented by on-site amenities and neighboring premium retail services. Four dedicated car spaces add further value and practicality.<br> <br> Representing a trophy investment within Melbourne’s highly coveted inner-east, Suite G03 offers investors both security and growth potential underpinned by a quality tenant, a desirable address, and resilient office demand in blue-chip suburban markets.</li></ul> |
Property Facts
The following property facts apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 95,336 SF | Floors | 2 |
| Property Type | Multifamily (Condo) | Typical Floor Size | 47,673 SF |
| Property Subtype | Apartment | Lot Size | 4.55 AC |
| Building Class | B |
| Total Building Size | 95,336 SF |
| Property Type | Multifamily (Condo) |
| Property Subtype | Apartment |
| Building Class | B |
| Floors | 2 |
| Typical Floor Size | 47,673 SF |
| Lot Size | 4.55 AC |
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Matterport 3D Exterior
Matterport 3D Tour
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Street View
Street
Map
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762 Toorak Rd - Tooronga Village Shopping Mall
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