$25k rebates for apartment buyers at Toorak Park

While Toorak has historically been dominated by family homes, with more than 60 per cent of households consisting of families, Toorak Park introduces modern, affordable options for those who have struggled to buy into the local market.
$25k rebates for apartment buyers at Toorak Park
Joel Robinson October 24, 2024BUYER INCENTIVE

New buyers at Toorak Park, the regarded apartment development on the fringe of Toorak and Armadale by the ASX-listed developer Lendlease, have the chance to take advantage of a $25,000 rebate for a limited time.

Located just 8 km from Melbourne's CBD and adjacent to Toorak Station, Toorak Park spans 2.5 hectares and includes a mix of residential buildings designed in collaboration with Denton Corker Marshall, Carr Design Group, and Koichi Takada Architects.

The extensive landscaping, designed by Tract, adds to the appeal, with open spaces making up a third of the site, including a bluestone plaza, communal gardens, and leafy boulevards.

The availability of these completed apartments presents a unique opportunity in a market where new developments in Toorak are scarce, especially at more accessible price points. 

Toorak Park features a selection of one to four-bedroom apartments starting from $780,000.

While Toorak has historically been dominated by family homes, with more than 60 per cent of households consisting of families, Toorak Park introduces modern, affordable options for those who have struggled to buy into the local market.

The apartments feature reconstituted stone and timber, European appliances, and generous balconies extending the living spaces outdoors. 

The inclusion of car parks for every one-bedroom apartment is a rarity in the area and further enhances the development’s attractiveness for those looking for both convenience and long-term value.

Toorak Park offers an array of exclusive amenities including a fitness centre and an indoor swimming pool.

The architectural vision behind the development was to create a "village within a village," connecting the nearby Beatty Avenue shops and Orrong Road with newly opened access to the Toorak railway station. 

The result is a highly connected, community-focused environment that blends seamlessly with the established character of Armadale.

Joel Robinson

Joel Robinson is the Editor in Chief at Urban.com.au, managing Urban's editorial team and creating the largest news cycle for the off the plan property market in the country. Joel has been writing about residential real estate for nearly a decade, following a degree in Business Management with a major in Journalism at Leeds Beckett University in England. He specializes in off the plan apartments, and has a particular interest in the development application process for new projects.

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