Savills is delighted to offer for sale this superb development site located in the heart of Prahran at 35-39 Clifton Street, Prahran. The property comprises a warehouse located on the footstep of the iconic Chapel Street retail strip, forming a rare opportunity to deliver a landmark project within the vibrant and highly desirable suburb of Prahran.
Key attributes of this fantastic opportunity are: - Significant landholding of 470sq m* - Prominent frontage of over 14m* - Favourable Activity Centre Zoning supporting development of 8+ levels (STCA) - Current net income of $62,404pa* - Leased to renowned local wholesaler Emma & Tom Foods Pty Ltd - Ideally positioned 100m* from the iconic Chapel Street retail strip - Direct proximity to Prahran Train Station, together with trams operating along Chapel Street and High Street - Surrounded by numerous successful development projects reflecting strong demand for apartments in the immediate locale
35-39 Clifton Street, Prahran is For Immediate Private Sale.
