467, 469 & 471 CHAPEL STREET, SOUTH YARRA VIC

RETAIL FREEHOLDS – SOLD

CHAPEL STREET, SOUTH YARRA  RETAIL FREEHOLDS WITH DEVELOPMENT POTENTIAL – SOLD

Emmetts completed the sale of three adjoining retail freeholds with development potential, following a public marketing campaign, which culminated in a competitive expressions of interest process.

Retail Investment, Development Sites, Investment Services

Property:

Situated on Chapel Street, South Yarra in the heart of one of Central Melbourne’s most distinguished neighbourhoods, the property comprised three adjoining retail freehold buildings on a significant landholding providing development potential.

Investment considerations included:

+ Significant combined landholding 540 sq m*

+ Combined building area 605 sq m*

+ Wide 17 metre* frontage with rear access.

+ Affluent trade catchment undergoing significant population growth facilitated by high density residential developments in addition a significant pipeline of office and hotel development activity.

+ Suitable for investors, owner-occupiers and developers.

*denotes appox.

Call Us

Andrew Milligan
+61 421 559 992
Charles Emmett
+61 402 358 069

Transaction

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