384 Punt RoadSouth Yarra VIC 3141
Property Details for 384 Punt Rd, South Yarra
Last Listing description (April 2023)
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
0468 320 297
Property Code: 619
Property History for 384 Punt Rd, South Yarra, VIC 3141
- 19 Apr 2023Sold for $940,000
- 17 Mar 2023Listed for Sale Contact Agent
- 28 May 2021Listed for Rent - Price not available
Recent sales nearby
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0About 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 26,705 properties. Over the last 5 years, Houses in South Yarra have seen a -17.13% decrease in median value, while Units have seen a -9.17% decrease. As at 31 July 2026:
- The median value for Houses in South Yarra is $1,955,285 while the median value for Units is $579,334.
- Houses have a median rent of $910 while Units have a median rent of $630.
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