Watch Watch
507 Chapel Street & 1B Davison Place, South Yarra, VIC, 3141
Tenanted Investment

Property Highlights

Prime Chapel Street Investment Leased To International Fashion Powerhouse
  • Blue-chip 397sqm ACZ1 landholding
  • Dual Access 562 sqm* retail/showroom
  • Brandy Melville - 133 Global Locations

Burgess Rawson is pleased to offer to the market 507 Chapel Street and 1B Davison Place, South Yarra VIC for sale via Expression Of Interest as part of Portfolio 162.

The property has the following investment highlights:

+ Brandy Melville est. 1970: Italian female fashion giant with 133 locations globally

+ Three (3) year lease to July 2025 plus option to 2028

+ Large 397 sqm* landholding across two titles with valuable Activity Centre 1 Zoning

+ Landlord preferred, net lease terms with tenant paying all usual outgoings

+ Fixed compounding 4% annual increases with market review at option

+ Combined total building area of 562 sqm* with prime exposure to Chapel Street

+ Dual access building with rear warehouse loading via Davison Place

+ Iconic position in the heart of South Yarra between Toorak Road and Malvern Road

+ Directly opposite the iconic Jam Factory which is approved for a $1.5 billion redevelopment which includes 18,500 sqm* retail space, 20,000 sqm* commercial office space, 400 luxury residences, 200 five-star hotel rooms and nearly 2,000 parking bays**

+ Exceptionally presented showroom with large, versatile spaces and generous natural light throughout

+ Surrounded by the biggest national and international names in retail

+ Net income: $241,402 pa* + GST (August 2023)

For Sale via Expression Of Interest

Closing 3pm 18 August 2023



Remember to mention you found this property on CommercialReady

Read More

Evaluate your finance options for this investment

Get advice from our experienced finance team at Ready Capital.

Book a complimentary call today

STEP 01 Finance type
Commercial Investment Finance
STEP 02 Property Address
507 Chapel Street & 1B Davison Place, South Yarra, VIC, 3141
STEP 03 Contact a finance professional

Map: 507 Chapel Street & 1B Davison Place, South Yarra, VIC, 3141