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257 Chapel Street, PRAHRAN, VIC, 3181
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257 Chapel Street, PRAHRAN, VIC, 3181

2. Property Highlights

LANDMARK CORNER – CENTRAL LOCATION

** SOLD - $5,200,000 **

Prahran is one of Melbourne’s most affluent and tightly held residential and retail precincts. Chapel Street accommodates a multitude of national retailers, high end boutiques and numerous cafes, restaurants and eateries. Over recent years there has been, and continues to be, many successful mixed-use developments.

Property highlights include:

• Substantial landholding of 495m2*

• Frontages: - Chapel Street: 13* metres

- Greville Street: 31* metres

• Building area: 632m2*

• Long term leases

• Total income: $230,000* p.a. net

• Surrounded by national tenants including Coles, Woolworths and Dan Murphy’s

• Potential to value-add and future redevelopment opportunity upon expiry of leases

*Approx.

Remember to mention you found this property on CommercialReady.com.au

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Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
Andrew Waddell
Andrew Waddell
+61 *** *** *** show +61 419 400 991

3. Property Location

257 Chapel Street, PRAHRAN, VIC, 3181

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4. Due Diligence

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257 Chapel Street, PRAHRAN, VIC, 3181 Prahran
Gross Waddell ICR
Gross Waddell ICR
Level 1, 30 Collins Street Melbourne VIC 3000
View Agency Profile
Michael Gross
Michael Gross
+61 *** *** *** show +61 419 355 561
Andrew Waddell
Andrew Waddell
+61 *** *** *** show +61 419 400 991
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