Crabtrees Real Estate are pleased to offer for sale this unrepeatable development opportunity prominently located on the footstep of the iconic Chapel Street retail strip.
+ Three properties to be offered together
+ Rare combined site of 337 sqm
+ Zoned Activity Centre (AC1)
+ Strategic office/apartment development opportunity
+ Potential 8 storeys or more (STCA)
+ Combined frontage of 18.5 metres approximately
+ Highly successful development location
+ Less than 200m from Chapel Street and moments from Greville Street
+ Well serviced by public transport
+ Short term holding income of $21,632.04 per annum (net)
Located in the vibrant Chapel Street lifestyle precinct nestled between High Street and Malvern Road and moments from all that Prahran/South Yarra/Windsor has to offer.
The ultimate inner city location surrounded by numerous highly successful development projects reflecting strong demand for both residential and commercial.
This is a very rare opportunity to secure a landmark site with enormous potential.
Terms: 10% deposit, balance 60/120 days
Crabtrees Real Estate is built on history, reputation and expertise.
We offer a level of knowledge others can't match.
Our team strategically located across the eastern and south eastern corridors of Melbourne are ready to handle your Commercial, Industrial and Retail Property needs today so call or email NOW!
For more details, please email agent