1/498 Toorak Road, Toorak VIC 3142

ultra-luxurious ground-floor | 306 sqm internal with 3 car spaces | private lift in boutique two-residence | steps from Toorak Village dining and retail The property’s competitive positioning is anchored by its scale—306 sqm of internal space is exceptional for an apartment in Melbourne, offering a configuration that effectively competes with high-end townhouses. Combined with private lift access and three secure car spaces, this residence provides a rare combination of apartment convenience with house-like proportions. It is best suited to buyers seeking a lock-and-leave residence without compromising on space or specification, particularly those prioritising walkability to Toorak Village’s premium amenities. The primary risk is its off-the-plan status; completion is stated for December 2025, which introduces potential for construction delays and final quality variances from marketing materials. The uncertainty around land area and suggested building size discrepancies should be verified against title documents before commitment. Nevertheless, the boutique nature of the development—only two residences—positions this property well for capital stability in a prestige precinct. Hold it as a primary residence or for medium-term capital growth.