509 Chapel StreetSouth Yarra VIC 3141
Property Details for 509 Chapel St, South Yarra
Last Listing description (July 2026)
Secure a High-Exposure Flagship in South Yarra's Premier Activity Centre
• Building Area: 136* sq m
• Available: April 2026
• Lease Term: Short-term options available
Position your brand at the epicentre of Melbourne's most iconic shopping strip. Located at 509 Chapel Street, this 136sqm* premises offers unparalleled brand visibility and a consistent stream of high-volume foot traffic in the heart of South Yarra.
Directly facing the Jam Factory and surrounded by elite national retailers, this is a rare opportunity to secure a strategic foothold with flexible short-term lease options available.
Key Property Highlights:
• Situated in a high-density pedestrian zone with exceptional exposure to both foot and vehicle traffic.
• Join a world-class retail mix including Scanlan Theodore, Rustica, Kookai, Peter Alexander, and M.J. Bale.
• 136sqm* of floor area with a wide, high-impact shopfront suitable for a variety of uses (STCA).
• Immediate access to Chapel Street trams and a short walk to the newly upgraded South Yarra Station.
Contact Information
For further information or to arrange a private inspection, please contact the exclusive leasing agents:
Ryan Trickey 0400 380 438.
Will Jonas 0422 883 011.
*Denotes approximately.
Property History for 509 Chapel St, South Yarra, VIC 3141
- 06 Mar 2026Listed for Rent - Price not available
- 29 Jun 2025Sold for $1,565,000
- 10 Aug 2022Sold for $1,700,000
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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 26,705 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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