Skip to main content
427 Chapel Street
South Yarra VIC 3141
SearchBack to results
Sold on 18 May 2018

427 Chapel Street South Yarra VIC 3141

  • Shop & Retail
  • 335 m²
  • Sold

POSITION YOURSELF PERFECTLY FOR CHAPEL STREET'S NEXT CHAPTER

  • Brand new 5 year net lease
  • Recently upgraded 335sqm* building
  • 3% fixed annual increases

- Brand new 5 year net lease to experienced operator, with their second venture on Chapel Street, 'Bess Bar', already establishing itself in this evolving activity precinct

- Net annual income of $190,000* + GST + Outgoings, with 3% fixed annual increases

- Arguably one of the most sought-after corners on Chapel Street, Melbourne's most famous shopping and dining strip, set to benefit from major projects that will be completed in the next 6-18 months including the Aloft Hotel located directly opposite ($120m*), Capitol Grand ($800m*), Jam Factory transformation ($1.25bn*), Como Centre upgrade ($130m*), the Cato Square redevelopment ($60m*) and the "huts site" upgrade ($55m*) also located opposite the property

- Highly visible corner which will soon be reinstalled as Chapel Street's hottest intersection, comprising the famous Cafe Sienna, Temperance Hotel and 427 Chapel Street

- Recently upgraded 335sqm* building over 3 floors, including a 1st-floor bar/function room, a bar, dining area and courtyard on the ground floor in addition to an atmospheric, stone-walled, cellar and dining/function room in the basement

*Approx

For further information please contact the exclusive sales and marketing agents at CBRE:

Nathan Mufale
+61 421 224 354
nathan.mufale@cbre.com.au

Jing Jun (JJ) Heng
+61 411 059 116
jj.heng@cbre.com.au

Alex Brierley
+61 447 974 447
alex.brierley@cbre.com.au

Property Highlights

Date Sold18 May 2018
Floor Area335 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2017231622
Category
Last updated  1 Dec 2021
Map for 427 Chapel Street South Yarra VIC 3141

Property Highlights

Date Sold18 May 2018
Floor Area335 m²
Land AreaAsk Agent
ParkingOn site parking available
Building TypeWhole building
Property ID2017231622
Category
Last updated  1 Dec 2021
Level 34, 8 Exhibition Street Melbourne VIC 3000

More Shop & Retail for Sale in South Yarra VIC

Sold
44-48 toorak road,south yarra, VIC 3141
466 m²
Shop & Retail
Sold
26/209 toorak road,south yarra, VIC 3141
45 m²
Shop & Retail
Sold
91-93 toorak road,south yarra, VIC 3141
415 m²
Shop & Retail