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Under Offer

35-39 Clifton Street, PRAHRAN, VIC 3181

Development Potential
DETAILS
Prahran Warehouse Primed for Development
  • Prime Activity Centre Zoning
  • Ideal Residential /Commercial Develop
  • Leased to Renowned Wholesaler

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

UNDER CONTRACT

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.com.au

DEVELOPMENT SITE SUMMARY
For Sale:
TITLE:
UNDER CONTRACT
Property Area
AREA:
470 m² (*approx)
Property Type
TYPE:
Commercial, Residential, Apartment Sites, Office, Units, Apartment Sites, Office, Units
Development Potential
DEVELOPMENT APPROVAL:
Favourable Activity Centre Zoning supporting development of 8+ levels (STCA)

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35-39 Clifton Street, PRAHRAN, VIC 3181

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