LAND RICH INVESTMENT WITH 3 STREET FRONTAGES AND ENDLESS UPSIDE
Teska Carson are pleased to be offering 518-522 Chapel Street, South Yarra (The Imperial Hotel) for sale by Public Auction on Friday 22 November 2024 at 1pm on-site.
Key highlights include:
- 605sqm of land with three street frontages (Chapel Street, Palermo Street and Forster Street).
- Offered for sale with Vacant Possession for the first time ever.
- Class leading opportunity for multi-level development, exclusive flagship retail or hospitality powerhouse set to benefit directly from $1.2 billion* Gurner™ & Qualitas mixed-use redevelopment of the ‘Jam Factory.’
- Highly coveted inner-city location with proximity to Royal Botanic Gardens, Shrine of Remembrance, National Gallery of Victoria, Arts Centre, Alfred Hospital, and the Prahran Market.
- Positioned in the heart of Melbourne’s most thriving inner-city retail precinct surrounded by public transport, elite schools, and first-in-class amenity with a median house price of $2,150,000.
- Situated 5km* from Melbourne’s vibrant CBD.
For more information please don't hesitate to contact the listing agents.
*approx
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