Savills is delighted to offer for sale this superb development site located in the heart of Prahran at 35-39 Clifton Street, Prahran. The property comprises a warehouse located on the footstep of the iconic Chapel Street retail strip, forming a rare opportunity to deliver a landmark project within the vibrant and highly desirable suburb of Prahran.
Key attributes of this fantastic opportunity are:
- Significant landholding of 470sq m*
- Prominent frontage of over 14m*
- Favourable Activity Centre Zoning supporting development of 8+ levels (STCA)
- Current net income of $67,496pa* (as at Aug-21)
- Leased to renowned local wholesaler Emma & Tom Foods Pty Ltd
- Ideally positioned 100m* from the iconic Chapel Street retail strip
- Direct proximity to Prahran Train Station, together with trams operating along Chapel Street and High Street
- Surrounded by numerous successful development projects reflecting strong demand for apartments in the immediate locale
SOLD
Please contact Savills agent for more information:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Remember to mention you found this property on DevelopmentReady
