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1 Chapel Street Cremorne VIC 3121

  • Showrooms / Bulky Goods
  • 350 m²
  • For Sale, Contact Agent

ULTRA IMPRESSIVE CORNER SITE WITH TRIPLE STREET FRONTAGE IN CREMORNE

    Belle Property Commercial is pleased to offer 1 Chapel Street, Cremorne for sale by public auction on Thursday 22nd April, 2021 at 12:00pm on-site.

    Located in the one of Melbournes most appealing commercial precincts awaits this prominent warehouse/showroom with significant future development upside (STCA).

    This impressive corner site boasts a substantial land area of 382sqm* with 3 street frontages (combined 53 metres) to Chapel Street, Pearson Street and Walnut Street.

    With a total building area of 350sqm*, which includes first floor mezzanine, 1 Chapel Street is currently securely leased to Geoffrey Hatty Applied Arts with a current net income of $63,860 net pa*.

    Key attributes include:

    Corner site with three (3) street frontage (combined 53 metres*)
    Refurbished Warehouse/Showroom
    Land area: 382sqm*
    Commercial 2 Zone
    Securely leased to Geoffrey Hatty Applied Arts
    Building Area: 350sqm*
    Close proximity to Swan Street and Church Street shopping precincts
    First time offered in 37 years
    Located in one of Melbourne's most sought after commercial hubs

    This is the ultimate Cremorne corner providing significant opportunity for future high-density development (STCA), whilst retaining a holding income.

    Open for Inspection:
    Thursday 18th March 2:00-2:30pm
    Thursday 25th March 2.00-2.30pm
    Thursday 1st April 2.00-2.30pm
    Thursday 15th April 2.00-2.30pm

    To be sold by public auction on Thursday 22nd April, 2021 at 12:00pm on-site.

    For further information contact the sales and marketing agents:

    Charles Carty +61 438 277 050
    charles.carty@belleproperty.com

    Nick Mavrodoglos +61 402 318 825
    nick.mavro@belleproperty.com

    *approx

    Map for 1 Chapel Street Cremorne VIC 3121
    Map for 1 Chapel Street Cremorne VIC 31211 Chapel Street Cremorne VIC 3121
    Belle Property Commercial South Melbourne
    First Floor, 170 Dorcas St South Melbourne VIC 3205

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