2/10 Yarra StreetSouth Yarra VIC 3141
Property Details for 2/10 Yarra St, South Yarra
Last Listing description (November 2023)
Jones Real Estate is pleased to present 2/10 Yarra Street, South Yarra to the market For Sale by Private Negotiation.
This versatile ground floor inner city asset is located in the heart of South Yarra's prime commercial, retail and shopping precinct. Underpinned by 4,500 apartments, both existing and under construction, 2/10 Yarra Street provides an increasingly rare opportunity to immerse yourself within arguably Melbourne's hottest destination precinct.
Additionally, the property offers outstanding access to South Yarra Train Station, Toorak Road and Chapel Street's shopping and entertainment precinct. Zoned Activity Center Zone (ACZ1), the property provides endless opportunity, suiting office retail & seeking exposure in a highly desirable location.
Key features of this opportunity include:
- Offering a fresh fully fitted, self-contained office/retail accommodation.
- Equipped with one (1) highly sought after car park on title.
- Ideally situated at the foot of two of Melbourne's newest and highly sought-after developments, 627 Chapel Street & Capital Grand, offering enormous passing foot traffic.
- Immersed within the renowned Chapel Street retail precinct, providing superb access to South Yarra Railway Station, other public transport (trams and buses), and parking amenities.
- Surrounded by major retailers: Country Road, SABA, Marimekko, Woolworths, Big W, and Chemist Warehouse.
- Within walking distance of Hunky-Dory Fish & Chips, Grill'd, Burch & Purchese, Steer Dining, The Meat & Wine Co and many more.
- Extremely well located, delivering high foot traffic volumes, whilst surrounded by high density residential catchments.
- Property is zoned Activity Centre Zone - Schedule 1 - ACZ1.
*Approx.
For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.
Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.
Property History for 2/10 Yarra St, South Yarra, VIC 3141
- 26 May 2024Sold for $440,000
- 06 Nov 2023Listed for Sale Contact Agent
- 24 Aug 2023Listed for Rent $19,000 / year
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About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.
South Yarra has 25,731 properties. Over the last 5 years, Houses in South Yarra have seen a 20.24% increase in median value, while Units have seen a 0.31% increase. As at 31 August 2024:
- The median value for Houses in South Yarra is $2,180,325 while the median value for Units is $597,598.
- Houses have a median rent of $823 while Units have a median rent of $580.
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