Combining scale, planning flexibility and an unrivalled location, this exceptional offering presents one of the most significant development opportunities to emerge in Toorak in recent years. Comprising 39-41 & 43 Ross Street, Toorak, the combined holding occupies a commanding position within the heart of Melbourne’s most prestigious residential suburb and immediately adjoining landmark One Toorak Place development.

+ Prominent 1,375sqm* development opportunity offered as one combined holding in the heart of Melbourne’s most prestigious and tightly held residential suburb

+ Strategically positioned within the highly sought-after Toorak Village precinct, surrounded by Melbourne’s premier retail, hospitality, lifestyle and commercial amenity

+ Comprising 39-41 Ross Street (974sqm)* and 43 Ross Street (401sqm)*, delivering a substantial landholding with 31 metres of street frontage*

+ Dual zoning across the combined holding, including Housing Choice & Transport Zone (HCTZ) and Commercial 1 Zone (C1Z), providing exceptional planning flexibility (STCA)

+ Existing improvements include a double-storey apartment building comprising five apartments at 39-41 Ross Street, together with vacant land at 43 Ross Street

+ Award-winning architects Fender Katsalidis have prepared a bespoke architectural concept demonstrating the site’s potential for a landmark luxury residential development

+ Positioned within what is becoming a generational transformation of Toorak Village, surrounded by major luxury developments including One Toorak Place, St Germain Toorak, Como Toorak and Tintern Toorak Village

+ Supported by an increasingly supply-constrained luxury apartment market, with leading Melbourne developments now achieving values approaching $45,000-$50,000 per square metre, highlighting the continued evolution of the city’s premium residential sector

+ A rare opportunity to secure an irreplaceable landholding capable of accommodating premium sales rates in one of Australia’s most prestigious urban villages (STCA)

39-41 & 43 Ross Street, Toorak is For Sale via International Expressions of Interest closing Friday 30th October 2026 at 2pm (AEDT).

For further information please contact the exclusive selling agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

David Minty
+61 422 564 199
david.minty@cbre.com.au

Scott Hawthorne
+61 400 861 048
scott.hawthorne@cbre.com.au

Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
jj.heng@cbre.com (电子邮件)
jheng1206 (微信)

*Approx.