Emmetts are delighted to exclusively present 383 – 387 Chapel Street (Cnr Elizabeth Street), South Yarra for lease.
+ A rare opportunity to secure long term tenure over one of the most recognisable flagship corner buildings in South Yarra.
+ Located adjacent Prahran Market, Aldi Supermarket and large public car park (644 bays); promoting strong pedestrian footfall along both the Chapel Street and Elizabeth Street frontages.
+ Prahran Market generates approximately 2.5 million visitors annually acting as a major activity and footfall anchor.
+ Trade potential supported by medium density catchment with high percentage of young professionals in addition to drawing customers from across Melbourne plus interstate and international tourism.
+ Several nearby major developments including The Jam Factory are anticipated to inject significantly greater population into the precinct supporting long term trade growth potential.
+ Two-storey building of 445 sq m* (GF 335 sq m*, MEZ 100 sq m*).
+ Fully serviced and provisioned for hospitality.
+ Rear access with five (5) on site car spaces.
+ 500 sq m landholding providing expansion opportunity (STCA).
+ Potential to explore rear upper trading deck and / or rooftop deck expansion opportunities (STCA) in order to maximise trading capacity.
To request a copy of the Information Memorandum or to arrange an inspection, please contact the exclusive agents.
*Denotes approximate.
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