Skyrise rooftop bar coming to South Yarra

The rooftop bar would have city views.

Following a win with the Victorian Civil and Administrative Tribunal, the rooftop of a 24-level office under construction at 627 Chapel Street, South Yarra, will be configured as a restaurant and bar.

The former Ojay headquarters at 671 Chapel Street was listed for sale this week.

The open-to-the-public space should be trading by next year; developer Goldfields said it has shortlisted four operators, three of which are local.

With a near-200 patron capacity, it will operate seven days.

The news comes in the week Emmetts’ Charles Emmett and Andrew Milligan listed for sale the nearby former Ojay headquarters – which includes a 3000 square metre low-rise showroom.

That 2070 sqm site, 671 Chapel St, is likely to trade to a developer and make way for at least one major tower.

Larry Kestelman recently completed South Yarra’s tallest building, Capitol Grand, rising 50 storeys, at the north west corner of Chapel St and Toorak Rd.

In June, Goldfields was permitted to replace an ex-Matt Blatt showroom at nearby 587-593 Church St, Richmond, with a hotel also containing a top-floor entertainment precinct, with a pool.

627 Chapel Street

Goldfields managing director Marco Gattino said the 627 Chapel St terrace will have a Mediterranean aesthetic, with an open-sided pergola, lounge seating and canopy trees (story continues below).

“The 627 Chapel St rooftop bar and restaurant will become a go-to destination for unbeatable South Yarra sunsets,” according to the executive.

“It is designed to be a welcoming, sophisticated space with world-class views, great hospitality and luxury amenities,” he added.

“Not only will the landmark tower offer a unique and intelligent working environment for businesses outside of the CBD but the rooftop bar will also play an important role in contributing to the vibrancy and economic strength of the Chapel St entertainment precinct after a tough couple of years”.

Goldfields paid Fridcorp $50m for the six-level commercial building making way for the project in 2017.

The investment is set to contain 24,000 sqm of Premium-grade office area.

Developer Oreana will occupy two floors – having recently doubled its pre-commitment to 2359 sqm.

Goldfields is now seeking an operator for the proposed venue.

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Marc Pallisco

A former property analyst and print journalist, Marc is the publisher of