63 Toorak RoadSouth Yarra VIC 3141
Property Details for 63 Toorak Rd, South Yarra
Last Listing description (October 2023)
Belle Property Commercial is pleased to offer 63 Toorak Road, South Yarra for Private Sale.
Leased to established tenant Antaeus Flowers since 2018, this stunning ground-floor shop is located in the heart of Toorak Road, South Yarra.
Key Features
New Lease - Five (5) years + Five (5) years
Annual Income - $40,000* p.a net (as at September 2023)
Total Area - 51sqm*
Positioned amongst an array of cafes, restaurants, and fashion boutiques, experiencing substantial foot traffic
Tram stop conveniently located at the doorstep, with South Yarra Railway Station only 300m* away
Surrounded by an extremely strong mixed demographic of retailers and high-end residential apartments, this secure investment will suit the avid investor.
Inspections by appointment.
For more information please contact the sales and marketing agents:
Tamara Gross 0411 748 538
tamara.gross@belleproperty.com
Charles Carty 0438 277 050
charles.carty@belleproperty.com
*Approx.
Property History for 63 Toorak Rd, South Yarra, VIC 3141
- 20 Sep 2024Sold for $900,000
- 25 Aug 2023Listed for Sale Contact Agent
- 27 Aug 2018Listed for Rent - Price not available
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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 25,491 properties. Over the last 5 years, Houses in South Yarra have seen a 6.39% increase in median value, while Units have seen a -3.84% decrease. As at 31 October 2024:
- The median value for Houses in South Yarra is $2,115,046 while the median value for Units is $599,695.
- Houses have a median rent of $725 while Units have a median rent of $588.
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