Teska Carson is pleased to offer 78 River Street, South Yarra for Sale by Expressions of Interest closing Wednesday 22 April 2026 at 3pm.Securely leased to long term local tenants One Hot Yoga and ANGRYchair Video Production, 78 River Street is a brilliant investment opportunity with future development / occupier upside, in the blue-chip inner suburb of South Yarra.Key highlights of this offering include:- Exceptionally presented two storey freehold building comprising 430sqm* of net lettable area and five (5) on-site car spaces.- A total site area of 300sqm* with over 8 metre* street frontage on an elevated position of River Street, plus rear access with parking via Right of Way off Victoria Terrace and Malcolm Street.- Leased to One Hot Yoga and ANGRYchair Video Production, providing an annual income of $134,875 + GST & Outgoings.- Activity Centre Zone and multi-storey height precedent in immediate proximity, allowing scope for a range of development outcomes (STPA).- Incredible connectivity to all modes of public transport & major arterial routes, including nearby Alexandra Avenue (200m*), South Yarra Train Station (800m*) as well as several different bus and tram routes in immediate proximity.- Unrivalled lifestyle amenity with Chapel Street & Toorak Roads highly popular retail, entertainment and hospitality precincts within short walking distance.Please call for further information.Luke Bisset0400 344 211Michael Ludski0419 02 02 03*approx.
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 26,713 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:
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