An Exceptional Wellness-Led Retail Investment
Lemon Baxter is pleased to present a next generation retail investment opportunity, Ground Floor, Tenancy 2 at Emerald Place, 184 Clarendon Street, South Melbourne, for sale as a securely positioned retail investment within one of South Melbourne’s most significant new developments.
Leased to SOAK Bathhouse, the newly completed development is positioned on the prominent corner of Clarendon and York Street, developed by Lowe Living in partnership with INT.RE, with architecture by Woods Bagot.
The property is occupied by SOAK Bathhouse, a recognised wellness operator, providing investors with exposure to the growing health and wellness sector from a high-profile South Melbourne location.
Key details:
• 459 sqm total area*
• Leased to SOAK Bathhouse until 2036
• Woods Bagot-designed mixed-use development, in high-profile Clarendon Street position.
• Established South Melbourne residential and commercial catchment, ranked one of the World’s Coolest Neighbourhoods by Timeout 2026.
• Short walk to South Melbourne Marketing with excellent public transport and CBD connectivity
Combining a reputable tenant, strong underlying location and newly delivered built form, the property presents a compelling opportunity to secure a leased retail investment within one of the world’s coolest neighbourhoods*, South Melbourne (*according to Timeout 2026).
For sale by Expression of Interest closing Wednesday 18 November 2026 at 2pm (AEDT).
For more or to inspect, reach out to our agents today.
*Approximate
