Positioned on prestigious Toorak Road in the heart of South Yarra, this outstanding modern premises is ideally located only a short distance from the South Yarra Station.
Situated in a high density area with multiple high-rise apartment buildings including the new development Capitol Grand. Surrounded by outstanding restaurants, cafes, banks and other retail shops & services, it is in the middle of the South Yarra shopping precinct.
A compelling opportunity to secure a tightly held retail investment in the heart of South Yarra, one of Melbourne’s most prestigious and highly sought-after inner-city commercial and lifestyle precincts.
Positioned on iconic Toorak Road, this approximately 70 sqm retail property offers investors an attractive combination of a premium location, established rental income, fixed annual rental growth and long-term leasing potential.
With a manageable investment size and the added benefit of a dedicated car space, 3/233A Toorak Road presents an outstanding opportunity for private investors, SMSF buyers, family offices and portfolio investors seeking exposure to blue-chip Melbourne commercial property.
The current tenants are Chemist Warehouse. This leasing structure, combined with fixed annual increases, provides investors with an attractive long-term income proposition.
ATTRACTIVE OUTGOINGS STRUCTURE
Under the lease, the tenant is responsible for a broad range of property and operating outgoings, including applicable council and water authority charges, utilities, insurance and general repairs and maintenance, subject to the specific terms of the lease and applicable legislation.
For investors, this assists in protecting the underlying income generated by the property and enhances the overall investment proposition.
PRIME SOUTH YARRA POSITION
Few Melbourne suburbs combine the prestige, amenity and established commercial activity of South Yarra.
Toorak Road forms part of one of Melbourne’s best-known inner-city retail and lifestyle destinations, complemented by nearby Chapel Street, extensive residential development, hospitality, professional services and excellent public transport connectivity.
The surrounding precinct benefits from a substantial and established residential catchment together with ongoing demand for retail, medical, service and lifestyle businesses.
For commercial property investors, this combination of location, accessibility, established surrounding amenity and limited supply has helped make South Yarra one of Melbourne’s most closely watched inner-city investment markets.
A RARE SMALL-FORMAT BLUE-CHIP INVESTMENT
Quality commercial property in South Yarra can often require a substantial capital commitment.
At approximately 70 sqm, 233A Toorak Road provides an opportunity to acquire a genuine Toorak Road retail holding in a more manageable format — potentially appealing to a much broader range of investors than larger freehold commercial assets.
The combination of:
Established retail lease
+ 3% annual rental growth
Further 5-year option
Dedicated car space
Broad permitted retail use
Manageable investment size
creates a particularly compelling investment proposition.
LOCATION. INCOME. GROWTH.
Whether you are seeking to establish or expand a commercial property portfolio, diversify an SMSF property holding or secure a long-term investment in one of Melbourne’s most recognised inner-city locations, 233A Toorak Road, South Yarra deserves serious consideration.
THE OPPORTUNITY
A tightly held South Yarra retail investment offering established income today and built-in rental growth for tomorrow.
All areas, rental figures, outgoings and other information are approximate or subject to the lease and contract documentation. Prospective purchasers should undertake their own due diligence and obtain independent legal, financial and taxation advice.