Back 1-5/39 Ross Street
Off Market

1-5/39 Ross Street

Toorak VIC 3142

10
10
5
974 m²
Block of units
Duncan Fraser-SmithDuncan Fraser-Smith, last sold this property on 15 March 2026 after 180 days on market.

Overview

Prized Toorak Village investment or development opportunity (STCA)

Expressions of Interest Held by the same family for over 60 years, this exceptional offering is one of Toorak Village’s few remaining opportunities of scale, with options to land bank, renovate and add value or develop (STCA) on a substantial 974sqm (approx.) land holding. Comprising five solid brick, two storey townhouses, each residence features two bedrooms, two bathrooms, including an ensuite to the primary, well presented kitchens and spacious living zones opening to north facing gardens. Together with five garages and a strong annual rental return, the property offers immediate income with outstanding future upside. Occupying a prime north-west oriented allotment, the property is ideally positioned steps from Toorak Village’s prized retail precinct, home to the recently opened St Germain development and Orchard Piper’s forthcoming luxury development One Toorak Place. With no heritage overlay there is considerable opportunity to create a landmark luxury apartment or townhouse development or a prestige single residence (STCA). The location is unmatched, with Hawksburn Village a short walk away, Toorak Road trams and Toorak train station close by, and proximity to Melbourne’s leading private schools including Geelong Grammar, St Catherine’s, Loreto Mandeville Hall and Scotch College. Royal South Yarra Lawn Tennis Club, Como Park and Yarra River trails are accessible within minutes. This is an extremely rare chance to secure a generational holding in Melbourne’s most prestigious suburb, an investment in both position and potential, with immediate returns and an exciting future.

Features

10 bedrooms
10 bathrooms
5 carspaces
5 garage spaces
974 m² lot size
Block of units

Estimated Value

We need at least 3 similar 10 bedroom block of units sold in Toorak over the last 12 months.

Property history for 1-5/39 Ross Street

2026
Sold
Undisclosed
15 Mar 2026 by Duncan Fraser-Smith, of Jellis Craig Stonnington

Happy sellers in Toorak

69%
69% of sellers in Toorak reported that their sale price either exceeded or met their price expectations.

Toorak stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Toorak over the last 12 months.

Local market activity for 10 bedroom block of units in Toorak

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