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170-172 Chapel Street, St Kilda, VIC 3182
St Kilda
Stonebridge Property Group is pleased to present for sale 170-172 Chapel Street, St Kilda, a prime 3,469sqm* triple fronted landholding with significant development potential.
Key highlights include:
- Substantial 3,469sqm* landholding on the corner of Chapel Street, Brighton Road (Nepean Highway) & Grosvenor Street, plus two (2) laneways with total frontage of 145m*
- Existing improvements comprise a distribution centre leased to Australian Post until August 2024 (no further options) with passing net income of $413,662 p.a* with 4% annual increases
- Highly favourable Residential Growth Zone, providing significant development potential
- Abundance of surrounding amenities including Carlisle Street retail shopping strip (350m*), St Kilda Botanical Gardens (400m*) & St Kilda Beach (1.2km*)
- Only 350m* to Balaclava Train Station, providing direct Melbourne CBD access, in addition to tram lines along Nepean Highway & Chapel Street
- Affluent & in demand suburb with a median house price of $1.9m^, representing an extraordinary 11.4% increase over the past quarter^
*Approximately
^Source: REIV
170-172 Chapel Street, St Kilda is for sale by Public Expressions of Interest closing Thursday 9th September 2021 at 2pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Julian White
0422 764 137
Justin Dowers
0438 098 805
Chao Zhang 张超
0411 625 068
Property Code: 276
Remember to mention you found this property on DevelopmentReady
Stonebridge Property Group is pleased to present for sale 170-172 Chapel Street, St Kilda, a prime 3,469sqm* triple fronted landholding with significant development potential.
Key highlights include:
- Substantial 3,469sqm* landholding on the corner of Chapel Street, Brighton Road (Nepean Highway) & Grosvenor Street, plus two (2) laneways with total frontage of 145m*
- Existing improvements comprise a distribution centre leased to Australian Post until August 2024 (no further options) with passing net income of $413,662 p.a* with 4% annual increases
- Highly favourable Residential Growth Zone, providing significant development potential
- Abundance of surrounding amenities including Carlisle Street retail shopping strip (350m*), St Kilda Botanical Gardens (400m*) & St Kilda Beach (1.2km*)
- Only 350m* to Balaclava Train Station, providing direct Melbourne CBD access, in addition to tram lines along Nepean Highway & Chapel Street
- Affluent & in demand suburb with a median house price of $1.9m^, representing an extraordinary 11.4% increase over the past quarter^
*Approximately
^Source: REIV
170-172 Chapel Street, St Kilda is for sale by Public Expressions of Interest closing Thursday 9th September 2021 at 2pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.
Julian White
0422 764 137
Justin Dowers
0438 098 805
Chao Zhang 张超
0411 625 068
Property Code: 276
Remember to mention you found this property on DevelopmentReady
170-172 Chapel Street, St Kilda, VIC 3182
Secure/no obligation
Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
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Step 1
Loan Variables
Adjust the inputs to explore your indicative finance options.
You can adjust the inputs below by tapping ‘Adjust Variable Inputs’.
Estimated Purchase Price:*
What you intend to pay for the property
Your Contribution:
The amount you’re investing
Min: 0% - Max: 90% of purchase price.
LVR:
Loan to Value Ratio
Min: 10% - Max: 100% of purchase price.
Loan Analysis
Full report
Please see your Loan Analysis below. The report has been emailed to you, as well as DIG Capital Advisory and the Listing Agent to follow up if needed.
Loan Analysis
