Shop 2, 7 Yarra Street, South Yarra, Vic 3141

Affordable asset in prime South Yarra location.

South Yarra is a premier shopping and entertainment destination where hospitality, fashion and specialty retailers thrive. Gray Johnson is pleased to present a niche investment opportunity in this premium location with high foot traffic.

With an affordable price point, this is an outstanding opportunity to obtain a foothold in one of Melbourne’s busiest retail precincts catering to the burgeoning young demographic in nearby high-density residential developments. The premises are leased to Good Bean, a specialty coffee business with more than 25 outlets across three states. With a five year lease commencing 1 July 2024 and a further five year option, this property offers immediate and ongoing income.

Key features
• Wide arcade frontage (Yarra Lane)
• 5 + 5 year lease commencing 1 July 2024
• Rental: $19,200 pa net
• One secure car park included 
• Affordable price point

Location
• Fantastic position - metres to South Yarra Station
• Located in vibrant commercial hub
• Close to vibrant Toorak Road  and Chapel Street
• Easy access to main arterials

The café is located in a contemporary mixed-use building with a hotel, commercial offices and more than 160 apartments.

It is close to the vibrant shopping strips of Toorak Road and Chapel Street, just metres from South Yarra Station and offers superb access to main arterials including Alexandra Parade and City Link.