60 Bray StreetSouth Yarra VIC 3141
Property Details for 60 Bray St, South Yarra
Last Listing description (July 2019)
Knight Frank are delighted to bring to market via Expression of Interest campaign closing on Wednesday 19th June, GO1&GO2, 60 Bray Street, South Yarra.
Situated in the heart of South Yarra you will find this prime investment opportunity, located in one of Melbourne s most iconic and high end developments.
This premium investment currently trading as Orange Theory Fitness, is a privately owned fitness franchise with over 1,000 locations worldwide throughout 21 countries.
The property is complimented by outstanding public transport with Trams and Train station only moments away. This investment will be a great addition to any investors portfolio and truly is a set and forget opportunity.
Key investment features include:
Leased to Orange Theory Fitness
Brand new Ten (10) year lease
Commencing 12th November 2018
Two (2) further terms of five (5) years
Net income $160,000 per annum plus GST
Outgoings and GST paid by tenant
3% fixed increases
256sqm internal area
For further details please contact Paul Lillis or Lewien Gallus.
Property History for 60 Bray St, South Yarra, VIC 3141
- 30 Jul 2019Sold for $1,576,050
- 13 May 2019Listed for Sale Not Disclosed
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 26,705 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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