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151 Chapel Street, St Kilda, VIC, 3182
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2. Property Highlights

UNIQUE & FLEXIBLE CHAPEL STREET BUILDING

Gross Waddell ICR is pleased to offer for Private Sale 151 Chapel Street, St Kilda.

Positioned within one of Melbourne’s most vibrant locations, the property comprises a retail space, rear warehouse/residence conversion and an upstairs apartment offering the ultimate flexibility to invest, part occupy or develop (STCA) in the future.

Key property highlights include:

• Land area: 281sqm*

• Flexible Commercial 1 zoning

• Three income streams totalling $99,052* p.a.

• Benefits from rear access and off street parking

• Located metres from the Carlisle Street retail precinct

151 Chapel Street (retail space):

• Building area: 83sqm*

• Leased to Michael’s Cameras Hire

• Renewed 3 year lease commencing 1st April 2024

• Rent: $35,692* p.a. (as at 1st April 2024)

Rear 151 Chapel Street (warehouse):

• Building area: 101sqm*

• Monthly overholding lease

• Rent: $39,108* p.a.

149A Chapel Street (residential apartment):

• Fully refurbished two bedroom residence with private access via Chapel Street

• 1 year lease commenced 27th November 2023

• Rent: $24,252* p.a.

151 Chapel Street, St Kilda is offered for Private Sale.

For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*approx.

Remember to mention you found this property on CommercialReady

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Alex Ham
Alex Ham
+61 *** *** *** show +61 410 545 226
Message
+61 410 545 226 aham@gwicr.com.au Message
Danny Clark
Danny Clark
+61 *** *** *** show +61 448 066 889
Message
+61 448 066 889 dclark@gwicr.com.au Message

3. Property Location

151 Chapel Street, St Kilda, VIC, 3182

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151 Chapel Street, St Kilda, VIC, 3182 St Kilda
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Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
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Alex Ham
Alex Ham
+61 *** *** *** show +61 410 545 226
Danny Clark
Danny Clark
+61 *** *** *** show +61 448 066 889
Enquire
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