259-261 Chapel Street, Prahran, VIC, 3181

Fitzroys & Lane Commercial are privileged to present for the first time to market 259-261 Chapel Street, Prahran for sale by public on site auction on Thursday 13th August at 1pm.

Highlights of this offering include:

- Prominent double storey freehold of 602sqm* across three tenancies

- Fully leased to longstanding tenants Daily Jocks, Connection and Bennett's Fitness

- Total current income $184,550pa plus outgoings

- Substantial landholding of 366sqm* with rear access, offering a variety of development outcomes (stpa)

- Suits investors, value-add buyers and developers (stpa)

- High profile position in Prahran's retail precinct surrounded by leading national brands Coles, Dan Murphy's, JB Hi-Fi, Rebel Sport, Nike and many more

- Dynamic day and night trading position close to Chapel and Greville Street's expanding dining precinct with Studio Amaro, Entrecote, Angus & Bon, Revolver and many more

- Perfectly to positioned to benefit from huge population growth with a number of major developments nearby including Cecil Place by Banco Group, 402-416 Chapel by Vicland and Jam Factory by Gurner

- Highly desirable Activity Centre Zone 1 (ACZ1) with surrounding developments up to 9-storeys

For further information or to arrange an inspection please contact the selling agents:

Fitzroys

Lewis Waddell 0431 107 275

David Bourke 0407 705 755

Lane Commercial

Peter Lane 0499 668 801

*Approx.

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