36 River StreetSouth Yarra VIC 3141
Property Details for 36 River St, South Yarra
Last Listing description (June 2026)
A rare and versatile opportunity in one of South Yarra's most sought-after precincts. This offering comprises two prime commercial sites sold together in a single line, presenting a substantial 616sqm* landholding with excellent exposure and convenient onsite parking.
Currently fully tenanted, the properties deliver a strong and reliable rental income, making it an attractive acquisition for investors seeking immediate returns. With its central location, high-profile positioning, and significant land size, the site also presents considerable potential for developers looking to explore redevelopment or future enhancement opportunities in one of Melbourne's most vibrant suburbs.
32-34 River Street - Leased till December 2029 / Rent: $176,113 per annum
Property History for 36 River St, South Yarra, VIC 3141
- 12 Jun 2026Sold
- 27 Jan 2026Listed for Sale Contact Agent
- 15 Feb 2012Listed for Rent - Price not available
Recent sales nearby
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About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation.In 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.
South Yarra has 26,674 properties. Over the last 5 years, Houses in South Yarra have seen a -2.00% decrease in median value, while Units have seen a -9.86% decrease. As at 31 May 2026:
- The median value for Houses in South Yarra is $2,117,755 while the median value for Units is $580,155.
- Houses have a median rent of $925 while Units have a median rent of $625.
Suburb Insights for South Yarra 3141
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