Prahran is one of Melbourne’s most affluent and tightly held residential and retail precincts.
Chapel Street accommodates a multitude of national retailers, high end boutiques and numerous cafes, restaurants and eateries.
Over recent years there have been and continues to be many successful mixed-use developments.
•Substantial Land Holding: 1,082m*
•Frontages:
- Chapel Street 35.50m*
- Carlton Street 30.46m*
- Rear laneway 35.50m*
•Building Area: 1,871m2*
•Total Income: $408,000*pa
•Potential to value add and future redevelopment opportunity upon expiry of leases
FIRST TIME OFFERED IN 50 YEARS