Chef Denis Hagger has leased a compact Toorak shop for a dine-in and takeaway venture.
The restaurateur has committed to a the 60 square metre space at 472 Toorak Rd for three years, paying starting annual rent of $45,000.
The property includes a commercial kitchen, rear courtyard and car park.
Formerly occupied by a baker, it forms the ground floor of a two level building; the landlord is now seeking to rent a separately accessed office.
The address is opposite Village Way, which Vicland was this month permitted to replace with a $600 million, nine level, 12,000 sqm commercial complex containing two floors of retail, including a Coles supermarket.
Teska Carson’s Luke Bisset and Morleys Tom Larwill marketed 472 Toorak Rd.
Mr Hagger last year closed a nearby South Yarra restaurant, 25 Toorak Rd, which spread about 264 sqm and could accommodate 150 patrons, but still operates the Maison Maldon Gourmet Retreat, about 135 kilometres north west of Melbourne (story continues below).
Denis Hagger’s Toorak store
The occupier is planning a French style rotisserie at Toorak, which Mr Larwill said will “cater for the increased demand for high quality takeaway and pre-made meals”.
Mr Bisset added “the property offered an exceptional location within a highly regarded retail and commercial precinct in arguably Melbourne’s wealthiest suburb, with first rate access and exposure via the Toorak Rd frontage”.
“An all-round ideal location for such an enterprise”.
The eatery is within Toorak Village which the agents said comprises about 270 shops and businesses.