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23-25 Toorak Rd 1,432 SF of Retail Space Available in South Yarra, VIC 3141
Highlights
- Approximately 265 m² two floor hospitality space with rare double frontage.
- Configured with front bar, kitchen, rear dining/function area, and courtyard spaces.
- Includes liquor licence supporting up to 192 patrons.
- Potential to expand into first floor for greater capacity or private functions.
Space Availability (1)
Display Rental Rate as
- Space
- Size
- Term
- Rental Rate
- Rent Type
| Space | Size | Term | Rental Rate | Rent Type | ||
| Ground | 1,432 SF | Negotiable | Upon Request Upon Request Upon Request Upon Request | TBD |
Ground
23-25 Toorak Road provides a unique hospitality or retail leasing opportunity in one of Melbourne’s most distinguished dining and lifestyle precincts. This rare double-fronted property spans approximately 265 m² on the ground level and currently incorporates an existing liquor licence allowing for up to 192 patrons. The layout offers a welcoming front seating and bar area, a fully operational kitchen, rear dining/function space, and attractive courtyard settings that enhance indoor-outdoor flow and guest appeal. Further potential exists to integrate an under-utilized first floor into the operation, enabling expanded service capacity or private event functions. Positioned among revered hospitality venues such as France Soir, Bar Carolina, and Cosi Bar Ristorante, the property commands significant visibility and foot traffic on Toorak Road, a location unmatched for its culinary and lifestyle draw. Businesses seeking a prime address in South Yarra will find this site highly conducive to building brand presence and customer loyalty in Melbourne’s exclusive inner south.
- Fully Built-Out as a Restaurant or Café Space
- Located in-line with other retail
- Central Air Conditioning
- Display Window
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
Property Facts
| Total Space Available | 1,432 SF | Property Subtype | Restaurant |
| Property Type | Retail | Gross Leasable Area | 2,852 SF |
| Total Space Available | 1,432 SF |
| Property Type | Retail |
| Property Subtype | Restaurant |
| Gross Leasable Area | 2,852 SF |
About the Property
23-25 Toorak Road, South Yarra, VIC is a double-fronted commercial property configured for hospitality use, offering approximately 265 square meters across two levels. The premises include an operational bar, kitchen, dining areas, and courtyard space, supported by an existing liquor licence permitting a maximum of 192 patrons. Located within the Toorak Road retail and hospitality corridor, the property is surrounded by established dining venues and features connectivity through tram services and proximity to South Yarra Station.
- Restaurant
- Signage
- Air Conditioning
Nearby Major Retailers
Contact
-
Danny Klotz -
Morley Commercial
Presented by
23-25 Toorak Rd
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