5 Commercial Road, South Yarra, VIC 3141

Retail | Offices

For Sale Contact Agent

  • Property ID: 389214
  • Floor Area: 133m²
  • Occupancy: Vacant
  • NBN Availability: Service Available - Fibre to the building (FTTB)
Prime High Exposure South Yarra Retail Investment

Savills is delighted to offer for sale this prized retail investment situated within one of Melbourne’s most recognised city fringe re-developments, ‘The Blocktagon’, located at 5 Commercial Road, South Yarra.
Key attributes of this affordable investment include:
- High profile 133sq m* retail corner
- Large 195sq m* outdoor courtyard
- Current Net Rental: $50,000pa* plus GST & outgoings
- 4 + 4 year lease to popular restaurant
- Super high exposure location to Commercial Road & Affleck Street
- Ideally located just moments from the Alfred Hospital (9,250+ staff^)
- Rare high profile retail opportunity at an affordable price point
For Private Sale.
For further information please contact:
Benson Zhou - 0458 488 888
Julian Heatherich - 0412 995 655
*Approx.
^2019-2020 Annual Report www.alfredhealth.org.au/about/corporate-publications

South Yarra Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial --- $250 ---
Offices --- $635 ---
Retail --- $576 ---
This is the average advertised price, rent and yield for South Yarra, VIC 3141*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Retail in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • NBN Availability - Where this address stands within the nbn™ rollout. Possible statuses: Not currently available, Build preparation, Build commenced, or Service Available. Information provided by nbn™.
  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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