Toorak represents the pinnacle of Melbourne’s suburban commercial leasing market, and for landlords seeking the highest calibre of tenant and for businesses seeking Australia’s most prestigious commercial address, few suburbs in the city offer a leasing opportunity as exclusive as Toorak.
At Aston Commercial, our headquarters at Level 15, 627 Chapel Street places our team at the gateway to Toorak, and our decades of active engagement across the suburb’s commercial precincts have given us an understanding of this market that is genuinely difficult for other agencies to replicate. We know the streets, we know the tenants, we know the landlords and we know what it takes to lease assets in one of Australia’s most prestigious commercial addresses with the discretion and the results orientation that Toorak demands.
Whether you are a landlord seeking to lease retail space on Toorak Road, a consulting suite for a private wealth or medical practice, or a business seeking to establish itself in Melbourne’s most prestigious suburban commercial market, Aston Commercial has the qualified tenant reach, the campaign expertise and the senior oversight to deliver the leasing outcome you need.
Browse our current commercial properties for lease across Toorak and Melbourne, or contact our team directly to discuss your requirements.
Why Lease Commercial Property in Toorak
Toorak’s commercial market is unlike any other in Melbourne. The suburb is home to one of Australia’s wealthiest residential communities, and the commercial environment that serves that community reflects its values, its expectations and its standards at every level. Toorak Road supports a concentration of luxury retailers, boutique financial services firms, private wealth advisers, specialist medical practitioners and premium hospitality operators whose businesses are built on relationships, reputation and an unwavering commitment to quality.
Commercial stock in Toorak is tightly held to a degree that sets it apart from virtually every other Melbourne suburban market. Available leasing opportunities are genuinely scarce, and when they do arise, competition among qualified tenants is significant. Tenants who establish themselves in Toorak’s commercial precincts tend to remain for years and often decades, building customer relationships and business identities that are inseparable from their location.
For landlords, this tenant permanence is one of the suburb’s most powerful leasing attributes. For tenants, securing space in Toorak means establishing a business in a location with no equal anywhere else in Melbourne’s suburban market.
The Toorak Leasing Market
Toorak Road Luxury Retail and Hospitality Tenancies Luxury retail and premium hospitality tenancies along Toorak Road are among the most sought after leasing opportunities in Melbourne, attracting strong and sustained demand from operators seeking exposure to one of Australia’s wealthiest residential catchments.
Private Wealth and Financial Services Suites Toorak’s concentration of private wealth advisers and boutique financial services firms supports strong demand for premium office and consulting suites, with tenants drawn by the suburb’s prestige and the calibre of client they serve.
Specialist Medical Tenancies Specialist medical practitioners consistently seek consulting space in Toorak, drawn by the suburb’s affluent and discerning residential community.
Heritage and Boutique Commercial Space Toorak’s distinctive heritage and boutique commercial buildings offer tenants the opportunity to trade from premises with genuine character and prestige, an attribute that continues to attract premium retail and professional services operators.
Why Toorak Landlords Choose Aston Commercial
For landlords, the difference between an average leasing outcome and an outstanding one comes down to the quality of the tenant secured, the speed with which vacancy is filled and the strength of the lease terms negotiated. Aston Commercial delivers on all three.
Our focus is to reduce vacancy time, increase rental return and create long term value for every landlord we represent. We manage one of Melbourne’s most active leasing portfolios, and in 2024 alone our team completed more than 370 leasing and renewal transactions across Melbourne. Our headquarters location at the gateway to Toorak means our team is more active, more informed and more connected to this market than almost any other agency.
Once a tenant is secured, we oversee the entire handover and fit out process to ensure the property is delivered in the right condition and the tenancy commences on a strong footing. In a suburb where reputation and discretion matter as much as the transaction itself, this disciplined approach protects our landlord clients at every stage.
Our Leasing Approach
At Aston Commercial, our approach to commercial leasing in Toorak is built on qualified tenant reach, discreet and structured campaign management, tenant quality assurance and director level involvement at every stage.
Qualified Tenant Database Our database and market reach are unmatched among independent agencies, built across more than thirty years of active engagement in Melbourne’s commercial market, with a particular depth of connection to the high calibre tenants who are most active in Toorak.
Discreet, Structured Campaign Management Every Toorak leasing campaign is supported by professionally executed marketing conducted with the discretion that the suburb’s landlord and tenant community expects, combining targeted direct outreach to our qualified tenant network with professional photography and copywriting that presents every property at its best.
Tenant Quality Assurance Every applicant undergoes a strict vetting process to ensure reliability, financial capacity and long term stability. In Toorak, where tenant calibre directly reflects on the standing of the property and its landlord, securing the right tenant is paramount.
Director Level Involvement Every Aston Commercial leasing campaign in Toorak is personally overseen by a director, ensuring that experience, accountability and market knowledge drive every decision from listing through to lease commencement.
Who Leases Commercial Property in Toorak
Our decades of active engagement in Toorak have given us a clear understanding of the tenant community that drives the suburb’s leasing market.
Luxury Retailers Luxury and premium retail operators consistently seek space on Toorak Road, drawn by its unmatched prestige and the spending power of the suburb’s residential catchment.
Private Wealth Advisers and Financial Services Firms Private wealth advisers and boutique financial services firms value Toorak’s prestige and the calibre of client base the address provides.
Specialist Medical Practitioners Specialist medical practitioners are a defining and consistent tenant category in Toorak, supported by the suburb’s affluent and discerning population.
Premium Hospitality Operators Premium hospitality operators seeking a refined and exclusive trading environment continue to be drawn to Toorak’s commercial precincts.
Our Leasing Team
Our leasing division is led by Rodney King, Executive Director and Head of Agency. Rodney brings extensive experience across premium retail, professional and medical leasing and a proven record of high volume results across Melbourne’s key precincts. He is supported by an experienced team including Angus Parnham, Oliver Redfern, Zak Lewski and Sebastian Origlia, and every Aston Commercial leasing campaign is personally overseen by a director to ensure accountability and results at every stage.
Meet our broader team here.
Lease Commercial Property in Toorak
If you are a landlord seeking to lease your Toorak property to the highest calibre of tenant, or a business seeking to establish itself in Melbourne’s most prestigious suburban commercial market, Aston Commercial is the agency to talk to.
Browse our current commercial properties for lease, explore our property management services, or contact our team on 03 8532 2222 to discuss your Toorak leasing requirements.
