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671 Chapel Street, South Yarra, VIC, 3141

Development Potential
DETAILS
PRIME SOUTH YARRA REAL ESTATE
  • OCCUPY, INVEST OR DEVELOP (STPA)
  • SUBSTANTIAL INNER CITY LANDHOLDING
  • EXISTING VERSATILE FREEHOLD BUILDING

Emmetts are delighted to present one of South Yarra’s most remarkable properties, 671 Chapel Street South Yarra, for sale by Expressions of Interest closing Thursday 16th September at 3:00pm.

Located in Melbourne’s most distinguished inner-city neighbourhood with proximity to world class retail and lifestyle amenity, this substantial real estate holding is underpinned by 2,070 sq m* of freehold land, a versatile two-level office and showroom of 3,000 sq m* and offers a never to be repeated opportunity for investors, owner occupiers and developers.

+ Exceptional South Yarra location.

+ Substantial real estate holding underpinned by 2,070 sq m* of prime land.

+ Activity Centre 1 Zoning (AC1Z) providing flexibility with regard to a range of high value development outcomes (STPA).

+ Existing improvements comprising a versatile two-level office and showroom building of 3,000 sq m*

+ Significant frontage to Chapel Street of 38.4 m*

+ Existing improvements combined with the high level of exposure provide potential for strong holding income.

+ Proximity to world class retail and lifestyle amenity along Chapel Street and Toorak Road, as well as proximity to the Yarra River.

+ Serviced by passing tram routes, as well as proximity to South Yarra train station, and arterials including Alexander Avenue, Church Street and the M1 Freeway.

+ One of South Yarra’s last remaining development opportunities of significant scale (STPA).

For sale by expression of interest closing 16th September 2021 at 3pm

* denotes: approx.

STPA denotes: Subject to Planning Approval

For further information on this sale, contact the exclusive selling agents.

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

DEVELOPMENT SITE SUMMARY
EOI:
TITLE:
Closing 16th September 2021 at 3pm
Property Area
AREA:
2070 m² (*approx)
Property Type
TYPE:
Commercial, Office, Other, Office, Other
Development Potential
DEVELOPMENT APPROVAL:
Commercial development Opportunity (STCA)

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671 Chapel Street, South Yarra, VIC, 3141

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