Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting to read:%0A%0A {0} %0A%0A {1}

Flagship Retail Opportunity in Coveted South Yarra, offered for the first time in over 40 years, Set to Be Auctioned

Jess Freeman • 16/08/2023

For the first time in over 40 years, a premium blue-chip retail investment located at 131 Toorak Road, South Yarra is set to hit the market as demand for retail assets remains strong.

Situated in the heart of Melbourne's utmost thriving inner-city retail precinct, this flagship freehold investment at 131 Toorak Road represents a unique opportunity & rare chance for astute investors, primed for value-enhancement, owner-occupation, land bank, or repositioning (STCA).

Boasting a tightly held land parcel of 148*sqm and featuring 5.7*m of premium, high-exposure Toorak Road frontage, this outstanding property is anticipated to be a highly sought-after flagship retail asset in 2023.

For sale through Cushman & Wakefield Melbco Strip Retail Sales in conjunction with Alexander Robertson, one of the key highlights of this premium investment is the longstanding flagship tenant, renowned florist Victoria Whitelaw, who has been an anchor for the property for over 20* years.

131 Toorak Road, South Yarra, Melbourne

With 132*sqm of Gross Floor Area (GFA), this retail gem is strategically positioned to benefit directly from South Yarra’s $5.0* billion mixed-use future development pipeline and the rapidly growing population of residents, occupiers, and visitors (86,000* on average weekday) alike. Favourable ACZ1 zoning further denotes significant future development upside (STCA).

To the locals, and the hundreds of thousands of local and overseas visitors drawn to its gardens and shops each year, South Yarra may well be considered Melbourne’s most vibrant and sophisticated suburb.

Surrounded by prestigious amenities, public transport options, elite schools, iconic restaurants, with proximity to cultural landmarks such as the Royal Botanic Gardens, Shrine of Remembrance, MCG, AAMI Park, University of Melbourne: Victorian College of the Arts (VCA), Albert Park Lake, National Gallery of Victoria, Arts Centre, Alfred Hospital, Fawkner Park and Prahran Market – makes this location highly desirable to all.

With proximity to three (3) main transport arterials - Chapel Street, Punt Road & St Kilda Road, Melbourne – 131 Toorak Road ensures seamless connectivity to the vibrant Melbourne CBD, just a mere 15* minutes away.

"The opportunity to acquire a premium blue-chip retail freehold investment in South Yarra such as this comes once in a lifetime," says Kristian Peatling, Alexander Robertson, Principal Director & Owner.

“With its prime location, this asset offers both security and growth prospects for investors and is further enhanced by the legacy of premium tenant, renowned Victoria Whitelaw who is undisputedly one of Australia’s most established florists" said Karim Ford, Cushman & Wakefield Melbco Strip Retail.

On-site private inspections are available by appointment only, providing potential buyers with an up-close look at this outstanding investment opportunity.

For further information or to arrange an inspection, please contact the appointed agents:

Karim Ford: +61 492 478 830
George Davies: +61 421 799 489
Jeff Ha 石军豪: +61 401 145 166

Kristian Peatling: +61 411 600 754
Warwick Bramich: +61 419 373 196


How can we help?

Get in touch with one of our professionals.

Recent Media Releases

Childcare center
Rising rents, sharp yields ahead as competition for childcare centres heats up

Australia’s childcare centre market is poised for growth in 2023, with increased government investment, growth in the nation’s younger population and expected industry consolidation creating a positive outlook for the asset class, a new report shows.

Jess Freeman • 16/03/2023

Industrial (image)
Cushman & Wakefield Builds Market Leading Capital Markets Industrial & Logistics Platform Across Australia

Cushman & Wakefield is gearing up for an exciting 2023 with the appointment of five new Industrial & Logistics Capital Markets team members in Melbourne and Brisbane, as well as the internal appointment of Simon Fenn in Sydney.

Jess Freeman • 08/02/2023

How resilient is your building?

Leonard Hines, Cushman & Wakefield's Senior Building Services Engineer, Project & Development Services sheds light on the resilience of the built environment and what companies can do to future proof their assets.

Jess Freeman • 18/01/2023

With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All