384 Punt Road,
South Yarra, VIC 3141
Shops & Retail • Offices • Showrooms & Large Format Retail
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Stonebridge Property Group - Melbourne
Level 19, 627 Chapel StreetSOUTH YARRA, VIC 3141
384 Punt Road
South Yarra, VIC 3141
Map of 384 Punt Road
Rare Commercial Freehold in One of Melbourne’s Busiest and Most Recognisable Locations
- 6-Year Net Lease
- Fully Refurbished Building
- Proven Hospitality Tenants
Stonebridge Property Group is pleased to present for sale 384 Punt Road, South Yarra.
The key highlights of the opportunity include:
- Tenanted by a highly rated Japanese restaurant – backed by renowned chefs who have experience at some of Melbourne’s finest restaurants
- The building has been recently refurbished throughout and includes a brand new fitout and custom built kitchen
- The current tenant occupies the property on a new 6-year lease with fixed 3.5% annual rental increases
- Strategically positioned alongside a council car park, providing rare customer convenience
- Located within South Yarra – an affluent inner south-eastern suburb boasting a median house price of $2,035,000
- Close proximity to Melbourne’s most desirable retail hubs such as Toorak Road and Chapel Street
- Tenants enjoy favourable signage opportunities, with Punt Road frontage providing exposure to circa 33,000* passing cars daily
*Approximately
^As at May 2nd 2023
384 Punt Road, South Yarra is offered for sale via Public On-Site Auction on Wednesday 19th April 2023 at 2:30pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0488 782 594
Sarah Xi 席子棠
0468 320 297
Property Code: 619
The key highlights of the opportunity include:
- Tenanted by a highly rated Japanese restaurant – backed by renowned chefs who have experience at some of Melbourne’s finest restaurants
- The building has been recently refurbished throughout and includes a brand new fitout and custom built kitchen
- The current tenant occupies the property on a new 6-year lease with fixed 3.5% annual rental increases
- Strategically positioned alongside a council car park, providing rare customer convenience
- Located within South Yarra – an affluent inner south-eastern suburb boasting a median house price of $2,035,000
- Close proximity to Melbourne’s most desirable retail hubs such as Toorak Road and Chapel Street
- Tenants enjoy favourable signage opportunities, with Punt Road frontage providing exposure to circa 33,000* passing cars daily
*Approximately
^As at May 2nd 2023
384 Punt Road, South Yarra is offered for sale via Public On-Site Auction on Wednesday 19th April 2023 at 2:30pm (AEST).
To obtain further information or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group.
Nic Hage
0488 782 594
Sarah Xi 席子棠
0468 320 297
Property Code: 619
South Yarra, 3141 demographic data
The median household income for South Yarra is $2,063, 9% higher than Greater Melbourne's household income of $1,901. South Yarra has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 47% of property owners in South Yarra have a mortgage.
25,028
Population
$2,063 per week
Median household income
33 years
Median age
Renters
Most residents
Singles
Most households
Stonebridge Property Group - MelbourneLevel 19, 627 Chapel Street
SOUTH YARRA, VIC 3141
SOUTH YARRA, VIC 3141
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