39-41 & 43 Ross Street, Toorak, Vic 3142

Land/Development
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Published on: 02 Oct 2026
Last updated on: 02 Nov 2026
39-41 & 43 Ross Street, Toorak, Vic 3142
39-41 & 43 Ross Street, Toorak, Vic 3142
39-41 & 43 Ross Street, Toorak, Vic 3142
+12
39-41 & 43 Ross Street, Toorak, Vic 3142
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Property ID: 505247468
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Key property information

Land Size
1,375.00 m2
Tenure Type
vacant

Landmark Toorak Village Development Opportunity

39-41 & 43 Ross Street, Toorak, Vic 3142
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

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.

Property Details

Basic Info

Property Type
Land/Development
Listing Status
On Market
Land Size
1,375.00 m2
Address
39-41 & 43 Ross Street, Toorak, Vic 3142
Nathan Mufale
Nathan Mufale
David Minty
David Minty
Jing Jun Heng
Jing Jun Heng
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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Contact Agent

Email enquiry to CBRE - VIC

Nathan Mufale
Nathan Mufale
David Minty
David Minty
Jing Jun Heng
Jing Jun Heng
Level 34, 8 Exhibition Street, Melbourne, Vic 3000
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      Property ID: 505247468

      Original Property ID: 505247468
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