![]() Asset Class: | Retail |
![]() Price: | $ 1350000 |
![]() Net Yield: | 6.21 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | On Market |
<p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);">Presenting an exceptional investment opportunity at 4 Yarra Street, South Yarra—a prime retail asset positioned within Melbourne’s prestigious Toorak Road Retail Precinct. This property is anchored by the thriving tenant, SOS Café (formerly House of Lulu White and SOS Café & Bar), delivering a secure income of $86,977 per annum plus GST, with fixed annual rental increases of 2.5%. The property features a strong 10-year lease from 2016, with a keenly engaged tenant ready to renew.</span></p><p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);">Strategically located just 50 meters from the bustling South Yarra train station and the new Metro station, this property benefits from outstanding exposure with approximately 60,000 cars passing daily. The vibrant retail precinct is surrounded by a high-density residential population, bolstered by the 357 sold-out apartments in 'Central South Yarra' directly above. With three allocated parking spaces, a high-quality fit-out included as landlord fixtures, and a tier-one infrastructure setting, this property is primed for strong capital growth and consistent rental returns.</span></p><p style="margin-inline-start:0cm;"><span style="color:rgb(0, 0, 0);">This investment offers not only a stable income stream but also exceptional future potential within one of Melbourne’s most sought-after urban environments.</span></p>
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Vendor's reason for selling?
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Is this property strata titled?
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How long has the current tenant been on site?
How long has the tenant been in business?
Is this property in a flood zone?
Is this lease a leaseback arrangement?
<p style=""><span style="color:rgb(0, 0, 0);">South Yarra, located just 4 kilometers southeast of Melbourne’s CBD, is a prestigious and dynamic suburb renowned for its blend of historic charm and modern vibrancy. As one of Melbourne’s most sought-after inner-city locales, South Yarra offers an exceptional lifestyle with unparalleled access to world-class amenities, transport links, and recreational opportunities. The suburb is home to a diverse and thriving population of approximately 27,000 residents, drawn to its vibrant atmosphere and exceptional livability. South Yarra benefits from its strategic location along major arterial roads such as Toorak Road and Chapel Street and is well-serviced by public transport, including South Yarra train station on the Sandringham line and multiple tram routes that connect seamlessly to the CBD and surrounding suburbs.</span></p><br><p style=""><span style="color:rgb(0, 0, 0);">The retail landscape in South Yarra is second to none, anchored by iconic shopping strips such as Chapel Street and Toorak Road, which are synonymous with high-end fashion, dining, and lifestyle offerings. Chapel Street alone attracts over 25,000 visitors daily, offering retailers exposure to a broad and affluent customer base. The Jam Factory, a major retail and entertainment complex, is currently undergoing a $1.5 billion redevelopment, which is set to further enhance the area’s appeal by introducing new retail, hospitality, and entertainment spaces, thereby driving additional consumer traffic and investment opportunities.</span></p><br><p style=""><span style="color:rgb(0, 0, 0);">South Yarra's demographics are also a key driver of retail success. The suburb has a median household income significantly higher than the Greater Melbourne average, reflecting the affluence of its population. The suburb’s recreational appeal is enriched by its proximity to the Royal Botanic Gardens, Fawkner Park, and the Yarra River. These green spaces offer residents access to walking and cycling trails, open parklands, and serene settings for leisure and fitness activities. The Tan Track, a popular running circuit around the Botanic Gardens, attracts fitness enthusiasts from across Melbourne. South Yarra is also home to the heritage-listed Como House and Gardens, adding cultural and historical depth to the area.</span></p><br><p style=""><span style="color:rgb(0, 0, 0);">The property market in South Yarra is robust, with median house prices around $2 million and unit prices averaging approximately $600,000, highlighting strong demand and consistent growth potential. The suburb's enduring appeal is underpinned by its lifestyle offerings, excellent public transport, and continued investment in local infrastructure.</span></p><br><p style=""><span style="color:rgb(0, 0, 0);">Overall, South Yarra strikes an ideal balance between urban convenience and a luxurious lifestyle, making it a prime destination for investors, homeowners, and renters alike. Its blend of culture, commerce, and connectivity solidifies its reputation as one of Melbourne’s premier inner-city suburbs.</span></p>
Additional Location Information File<p style=""><span style="color:rgb(0, 0, 0);"><b>House of Lulu White & SOS Cafe & Bar</b></span></p><br><p style=""><span style="color:rgb(0, 0, 0);">House of Lulu White, located at 4 Yarra Street, South Yarra, is a vibrant café known for its all-day breakfast and lunch menu, with a lively atmosphere that attracts both locals and visitors. Its popular Bottomless Brunch offers a main meal with unlimited cocktails for two hours at just $25, solidifying its status as a brunch hotspot.</span></p><br><p style=""><span style="color:rgb(0, 0, 0);">Nearby, SOS Cafe & Bar at 5/177 Toorak Road (Save Our Souls) delivers wholesome, organic dishes in a chic setting with a serene open courtyard. The café's standout gluten-free tiramisu pancakes and its own Bottomless Brunch promotion, available daily, make it a versatile choice for day and night gatherings.</span></p><br><p style=""><span style="color:rgb(0, 0, 0);">In mid-2024, following a temporary closure, SOS Cafe received support from House of Lulu White, which accommodated bookings and walk-ins to maintain customer experiences. This collaboration led to the merging of both venues under the unified brand of SOS Cafe, showcasing their community focus and adaptability within South Yarra’s dynamic dining scene.</span></p><p style=""><span style="color:rgb(0, 0, 0);"> </span></p>
Initial Term:
Security:
$44,575.5 - 6 Months Rent
Security Info:
$44,575.5 - 6 Months Rent
Initial Term:
Security:
$44,575.5 - 6 Months Rent
Security Info:
$44,575.5 - 6 Months Rent
4 Yarra St, South Yarra $86,977 157sqm $554psqm 294 Toorak Road, South Yarra $64,078 741sqm $866psqm 22 Wilson Street, South Yarra $50,033 74sqm $676psqm Shop 5, 521 Toorak Road, Toorak $124,800 188sqm $664psqm 567 High Street, Prahran $ 121,018 215sqm $563psqm 181 High Street, Prahran $54,846 81sqm $677psqm 99 High St, Prahran $74,987 118sqm $635psqm 121 Greville St, Prahran $84,000 165sqm $509psqm 567 High St, Prahran $121,000 215sqm $563psqm 254 Chapel St, Prahran $113,000 203sqm $557psqm
Offer To Purchase:
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Initial Deposit:
$
Due Diligence:
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Finance:
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Settlement:
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<ul style="list-style-type:disc;list-style-position:inside;padding-inline-start:20px;"><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">10-year current lease from 2016</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Secure & established long term tenant: House of Lulu White & SOS Cafe & Bar</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">2 popular South Yarra staple cafes, merged and thriving, keen to renew lease</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Returning $86,977 per annum plus GST </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Fixed annual rental increases 2.5%</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Tenant pays all usual outgoings </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">6 months’ rent Bank guarantee in place</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Prime activity centre location </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Located within the Toorak Road Retail Precinct, a thriving retail strip, with a strong and diverse mix of retail businesses.</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Located directly opposite South Yarra train station (50m) and the new Metro station</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">3 allocated parking spaces</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">High-visibility main road location with 60,000 cars passing by daily </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Extensive high-quality fit-out incorporated as landlord fixtures & fitting</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Excellent access to public transport with trams and buses operating along Toorak Road</span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Below ‘Central South Yarra’ with 357 apartments sold out </span></p></li><li style="list-style-image:none;color:rgb(51, 51, 51);"><p style="display:inline;"><span style="color:rgb(51, 51, 51);font-weight:normal;font-style:normal;">Surrounded by a high density living </span></p></li></ul>