![]() Asset Class: | Retail |
![]() Price: | $ 1850000 |
![]() Net Yield: | 6.13 % |
![]() Net Yield - including solar strategy: | % |
![]() Property Market Status: | On Market |
<p class="mb-4">A premium hospitality investment opportunity in the heart of prestigious Toorak Village, located at Shop 5, 521 Toorak Road, this property represents a secure investment with strong returns and excellent future growth potential.</p><p class="mb-4">The property features an attractive 188m² retail space plus additional licensed outdoor seating area, currently operating as the highly regarded 'Botanic Cafe'. This stunning hospitality venue has been thoughtfully designed with premium fit-out, outstanding natural light, and a charming outdoor balcony seating area.</p><p class="mb-4">Secured by a 5-year lease that commenced in November 2023 with two additional 5-year options (potentially extending to 2038), the property generates a strong net annual income of $124,800 + GST + Outgoings. The lease includes favourable fixed annual increases of 4% plus market review upon exercising further options, ensuring growing returns for investors.</p><p class="mb-4">The strategic location in Toorak Village shopping and entertainment precinct provides exceptional exposure and foot traffic. Surrounding retailers include national brands like Woolworth, Coles Local Supermarkets, Commonwealth Bank, and popular local establishments such as Laurent Bakery & Cafe, Cecconi's and Alexanders Cigar Merchants.</p><p class="mb-4">Outstanding accessibility is assured through excellent public transport connections including tram route 58 and proximity to Hawksburn Railway Station, further enhancing this property's appeal as a prime commercial investment opportunity in one of Melbourne's most prestigious suburbs.</p>
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<p class="mb-4">Toorak is an exclusive and affluent suburb located approximately 5 kilometers southeast of Melbourne’s CBD, renowned for its prestigious real estate, lush tree-lined streets, and high-end retail and dining options. The suburb is home to approximately 13,000 residents, characterised by a mature, affluent demographic, with median house prices consistently ranking among the highest in Victoria—currently around $5 million. Toorak’s elite status is exemplified by its grand mansions, historic residences, and luxury apartment complexes that cater to Melbourne’s wealthiest individuals.</p><p class="mb-4">The suburb’s retail and dining heart is centred around Toorak Village, a sophisticated precinct featuring boutique fashion stores, gourmet grocers, upscale cafés, fine dining restaurants, and professional services. This area is recognised as one of Melbourne’s premier high-end retail and lifestyle destinations, attracting both locals and visitors seeking luxury experiences. Nearby, the vibrant retail and entertainment hubs of Chapel Street in South Yarra and High Street in Armadale further enhance the area’s appeal.</p><p class="mb-4">Educational institutions in and around Toorak are exceptional, with prestigious schools such as Loreto Mandeville Hall, St Catherine’s School, Scotch College, Geelong Grammar’s Toorak Campus, and St Kevin’s College, attracting affluent families prioritising education. The suburb’s close proximity to Melbourne’s premier healthcare facilities—including The Alfred Hospital and Cabrini Hospital—adds further to its appeal.</p><p class="mb-4">Toorak’s transportation links provide exceptional accessibility, with multiple tram routes along Toorak Road and Malvern Road, as well as nearby Toorak and Hawksburn train stations ensuring swift connections to Melbourne’s CBD and surrounding suburbs. Major roads such as the Monash Freeway provide convenient access for commuters.</p><p class="mb-4">With its premium real estate market, exclusive lifestyle amenities, and enviable accessibility to Melbourne’s city centre, Toorak continues to uphold its position as one of Melbourne’s most prestigious and sought-after residential and investment locations.</p>
Additional Location Information File<p class="mb-4"><strong>Overview</strong></p><p class="mb-4">Botanic Café is a premium all-day brunch and lunch venue located at Level 1, 32 Jackson Street, Toorak, VIC 3142. Nestled in the heart of Toorak Village, one of Melbourne’s most affluent and stylish precincts, the café offers a serene and elegant dining experience. Known for its light-filled interiors, lush greenery, and refined décor, Botanic Café provides a tranquil escape from the bustling streets below. </p><p class="mb-4"><strong>Ambience & Design</strong></p><p class="mb-4">Botanic Café boasts a stunning heated terrace, indoor dining room, and a dog-friendly courtyard, The café’s interior design combines modern chic with timeless elegance, featuring vibrant floral arrangements and verdant plants.</p><p class="mb-4"><strong>Community Engagement & Events</strong></p><p class="mb-4">Beyond its daily operations, Botanic Café serves as a versatile event space, accommodating functions and gatherings of various sizes. With options to book the main dining room, terrace, or courtyard, the venue caters to both intimate and larger events, offering tailored food and drink packages to suit diverse needs. </p><p class="mb-4"><strong>Reputation & Customer Feedback</strong></p><p class="mb-4">Botanic Café has garnered positive reviews from patrons, with a 4.8-star rating based on 60 reviews. Customers frequently praise the café for its exceptional food quality, attentive service, and inviting ambiance. </p>
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<p>This investment offers <strong>strong financial fundamentals</strong> with a current net annual rental income of <strong>$124,800 + GST + Outgoings</strong>.</p> <p>The property is secured by a well-structured lease featuring:</p> <ul> <li><strong>5-year initial term</strong> from November 2023</li> <li><strong>Two additional 5-year options</strong> potentially extending to 2038</li> <li><strong>4% fixed annual increases</strong> providing guaranteed rental growth</li> <li><strong>Market review</strong> upon exercising further options</li> <li><strong>Security deposit</strong> equivalent to 5 months' rental plus GST</li> <li><strong>Directors' personal guarantees</strong> providing additional security</li> </ul> <p>The property's strata title nature and Commercial 1 Zone (C1Z) designation under the City of Stonnington Planning Scheme enhance its long-term investment appeal.</p>
Additional Financial Information FileInitial Term:
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<p class="mb-4">467 Toorak Road, Toorak $95,524 120 $796</p><p class="mb-4">513-515 Toorak Road, Toorak $182,870 320 $571</p><p class="mb-4">294 Toorak Road, South Yarra $64,078 74 $866</p><p class="mb-4">22 Wilson Street, South Yarra $50,033 74 $676</p><p class="mb-4">181 High Street, Prahran $54,846 81 $677</p><p class="mb-4">99 High St, Prahran $74,987 118 $635</p><p class="mb-4"></p><p class="mb-4"></p>
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<ul class="bullet-list"><li><p class="mb-4">Premium hospitality investment with strong tenant covenant</p></li><li><p class="mb-4">Excellent Toorak Village location in Melbourne's most prestigious suburb</p></li><li><p class="mb-4">Secure 5-year lease with two additional 5-year options providing potential tenure until 2038</p></li><li><p class="mb-4">Strong net annual rental income of $124,800 + GST + Outgoings</p></li><li><p class="mb-4">Attractive 4% fixed annual rental increases</p></li><li><p class="mb-4">Generous 188m² retail space plus additional 32m² licensed outdoor seating area</p></li><li><p class="mb-4">Premium hospitality fit-out reducing future capital expenditure requirements</p></li><li><p class="mb-4">Outstanding natural light with charming outdoor balcony seating</p></li><li><p class="mb-4">High-exposure position surrounded by national brands and local retailers</p></li><li><p class="mb-4">Excellent security with 5-month rental bond plus directors' personal guarantees</p></li><li><p class="mb-4">Superior accessibility with nearby tram and train connections</p></li></ul>