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DESCRIPTION:DOMINANT FULLY LEASED FREEHOLD - FIRST TIME EVER OFFERED\nFitz
 roys & Lane Commercial are privileged to present for the first time to ma
 rket 259-261 Chapel Street\, Prahran for sale by public on site auction o
 n Thursday 13th August at 1pm.\n \nHighlights of this offering include: \
 n\n- Prominent double storey freehold of 602sqm* across three tenancies\n
 - Fully leased to longstanding tenants Daily Jocks\, Connection and Benne
 tt's Fitness\n- Total current income $184\,550pa plus outgoings\n- Substa
 ntial landholding of 366sqm* with rear access\, offering a variety of dev
 elopment outcomes (stpa)\n- Suits investors\, value-add buyers and develo
 pers (stpa) \n- High profile position in Prahran's retail precinct surrou
 nded by leading national brands Coles\, Dan Murphy's\, JB Hi-Fi\, Rebel S
 port\, Nike and many more\n- Dynamic day and night trading position close
  to Chapel and Greville Street's expanding dining precinct with Studio Am
 aro\, Entrecote\, Angus & Bon\, Revolver and many more \n- Perfectly to p
 ositioned to benefit from huge population growth with a number of major d
 evelopments nearby including Cecil Place by Banco Group\, 402-416 Chapel 
 by Vicland and Jam Factory by Gurner\n- Highly desirable Activity Centre 
 Zone 1 (ACZ1) with surrounding developments up to 9-storeys \n\nFor furth
 er information or to arrange an inspection please contact the selling age
 nts: \n\nFitzroys \nLewis Waddell 0431 107 275\nDavid Bourke 0407 705 755
 \n\nLane Commercial \nPeter Lane 0499 668 801\n\n\n*Approx.
DTEND:20260813T140000
DTSTAMP:20260716T055422Z
DTSTART:20260813T130000
LOCATION:259-261 Chapel Street\, Prahran VIC
SEQUENCE:0
SUMMARY:Auction: 259-261 Chapel Street\, Prahran VIC
UID:CRE-2021001039-Auction
X-ALT-DESC;FMTTYPE=text/html:<!DOCTYPE HTML PUBLIC "-//W3C//DTD HTML 3.2//EN"><html><head><
 title></title></head><body><P DIR=LTR>DOMINANT FULLY LEASED FREEHOLD - FI
 RST TIME EVER OFFERED <br/> Fitzroys & Lane Commercial are privileged to 
 present for the first time to market 259-261 Chapel Street\, Prahran for 
 sale by public on site auction on Thursday 13th August at 1pm. <br/>   <b
 r/> Highlights of this offering include:  <br/>  <br/> - Prominent double
  storey freehold of 602sqm* across three tenancies <br/> - Fully leased t
 o longstanding tenants Daily Jocks\, Connection and Bennett's Fitness <br
 /> - Total current income $184\,550pa plus outgoings <br/> - Substantial 
 landholding of 366sqm* with rear access\, offering a variety of developme
 nt outcomes (stpa) <br/> - Suits investors\, value-add buyers and develop
 ers (stpa)  <br/> - High profile position in Prahran's retail precinct su
 rrounded by leading national brands Coles\, Dan Murphy's\, JB Hi-Fi\, Reb
 el Sport\, Nike and many more <br/> - Dynamic day and night trading posit
 ion close to Chapel and Greville Street's expanding dining precinct with 
 Studio Amaro\, Entrecote\, Angus & Bon\, Revolver and many more  <br/> - 
 Perfectly to positioned to benefit from huge population growth with a num
 ber of major developments nearby including Cecil Place by Banco Group\, 4
 02-416 Chapel by Vicland and Jam Factory by Gurner <br/> - Highly desirab
 le Activity Centre Zone 1 (ACZ1) with surrounding developments up to 9-st
 oreys  <br/>  <br/> For further information or to arrange an inspection p
 lease contact the selling agents:  <br/>  <br/> Fitzroys  <br/> Lewis Wad
 dell 0431 107 275 <br/> David Bourke 0407 705 755 <br/>  <br/> Lane Comme
 rcial  <br/> Peter Lane 0499 668 801 <br/>  <br/>  <br/> *Approx.</P></bo
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