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SOLD

122 Chapel Street, St Kilda, VIC, 3182

Development Potential
DETAILS

SUBSTANTIAL FUTURE REDEVELOPMENT OPPORTUNITY (STCA)

**AUCTION: THURSDAY 23RD APRIL 2020 AT 12PM ONSITE**

FIRST TIME OFFERED IN 50 YEARS

An outstanding opportunity to secure a significant landholding within one of Melbourne’s most tightly held and highly sought locations.

• Existing two level office building with GBA of 1,050m2* offering secure income of $175,000* p.a. with leases expiring September 2022

• 675m2* of Mixed Use (MUZ) zoned land allowing for future multi-level development (STCA)

• Three street frontages:- Chapel Street - 18* metres- Dianella Lane - 38* metres- Rear frontage - 17* metres

• Within 50* metres to vibrant Carlisle Street retail precinct, nearby Balaclava train station, Coles and Woolworths supermarkets plus much more.

*approx.

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

DEVELOPMENT SITE SUMMARY
Auction:
TITLE:
Thursday 23rd April 2020 at 12pm Onsite
Property Area
AREA:
1050 m² (*approx)
Property Type
TYPE:
Mixed Use,
Development Potential
DEVELOPMENT APPROVAL:
675m2* of Mixed Use (MUZ) zoned land allowing for future multi-level development (STCA)

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122 Chapel Street, St Kilda, VIC, 3182

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