600 Chapel Street,
South Yarra, VIC 3141
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Map of 600 Chapel Street
Train stations within 5 km of 600 Chapel Street, South Yarra, VIC 3141 Distance South Yarra Station 325 m Hawksburn Station 787 m Prahran Station 1.2 km East Richmond Station 1.5 km Burnley Station 1.7 km POWERED BY HERE ©Tram stops within 5 km of 600 Chapel Street, South Yarra, VIC 3141 Distance 128-Chapel St/Toorak Rd (South Yarra) 6 m 50-Toorak Rd/Chapel St (South Yarra) 26 m 49-Palermo St/Chapel St (South Yarra) 218 m 129-Tivoli Rd/Toorak Rd (South Yarra) 259 m 49-Palermo St 268 m POWERED BY HERE ©Bus stops within 5 km of 600 Chapel Street, South Yarra, VIC 3141 Distance Chapel StAlexandra Ave 498 m Darling GardensAlexandra Ave 681 m 125 Alexandra Ave 704 m Opp 135 Alexandra Ave 724 m Toorak Rd/Punt Rd (South Yarra) 786 m POWERED BY HERE ©
POWERED BY HERE ©
ONE OF AUSTRALIA’S MOST PRIME RETAIL CORNERS
- EPICENTRE OF PREMIUM CATCHMENT
- ENORMOUS INCOME REVERSION POTENTIAL
- FUTURE OWNER OCCUPIER POTENTIAL
Emmetts and Cushman & Wakefield Melbco are privileged to offer 600 Chapel Street (Cnr Toorak Road), South Yarra for sale.
The property is one of Australia’s most prime retail corners, situated at the epicentre of Melbourne’s most affluent and high-density mixed-use catchments.
THE OPPORTUNTIY:
+ One of Australia’s most prime retail corner real estate holdings.
+ Future opportunity to owner-occupy, reposition, re-lease and value-add.
+ 38 metres* of premium frontage to Chapel Street and Toorak Road.
+ Character building with features attractive to future high-value retailers.
+ Existing lease to National Australia Bank Limited providing undoubted rental income with highly favourable CPI+1.5% annual rental increases.
+ Enormous future retail income reversion potential via asset-repositioning and re-leasing to single-tenant flagship occupier.
+ Plans for illuminated commercial signage (STCA) providing potential to significantly increase income (STCA).
THE LOCATION:
+ South Yarra is situated between Melbourne’s most affluent suburbs and the CBD.
+ Accommodating a premium mixed-use medium to high density catchment comprised of residential, offices, hotels and retail.
+ Expected population growth of 28% to 2036, following 31% population growth last 5 years.
+ Local catchment providing a mix of office workers, residents and tourists, generally with high disposable incomes.
+ Both Chapel Street and Toorak Road are regarded as two of Melbourne's most prime retail streets.
+ Significant surrounding premium development pipeline facilitating strong population growth.
+ Local retail market at close to 100% occupancy with depth of unsatisfied retailer occupational requirements.
+ Limited new retail supply, with strong local population growth anticipated to drive enormous growth in retail rents.
Secure one of Australia's best retail corners with enormous future opportunity for significant income reversion or for owner-occupation.
For further information, contact Emmetts and Cushman & Wakefield Melbco as the exclusive selling agents.
Emmetts
Charles Emmett | +61 402 358 0...
Xander Yeo | +61 487 656 1...
Cushman & Wakefield Melbco
Daniel Wolman | +61 412 957 8...
Oliver Hay | +61 419 528 540
Leon Ma | +61 417 070 7...
The property is one of Australia’s most prime retail corners, situated at the epicentre of Melbourne’s most affluent and high-density mixed-use catchments.
THE OPPORTUNTIY:
+ One of Australia’s most prime retail corner real estate holdings.
+ Future opportunity to owner-occupy, reposition, re-lease and value-add.
+ 38 metres* of premium frontage to Chapel Street and Toorak Road.
+ Character building with features attractive to future high-value retailers.
+ Existing lease to National Australia Bank Limited providing undoubted rental income with highly favourable CPI+1.5% annual rental increases.
+ Enormous future retail income reversion potential via asset-repositioning and re-leasing to single-tenant flagship occupier.
+ Plans for illuminated commercial signage (STCA) providing potential to significantly increase income (STCA).
THE LOCATION:
+ South Yarra is situated between Melbourne’s most affluent suburbs and the CBD.
+ Accommodating a premium mixed-use medium to high density catchment comprised of residential, offices, hotels and retail.
+ Expected population growth of 28% to 2036, following 31% population growth last 5 years.
+ Local catchment providing a mix of office workers, residents and tourists, generally with high disposable incomes.
+ Both Chapel Street and Toorak Road are regarded as two of Melbourne's most prime retail streets.
+ Significant surrounding premium development pipeline facilitating strong population growth.
+ Local retail market at close to 100% occupancy with depth of unsatisfied retailer occupational requirements.
+ Limited new retail supply, with strong local population growth anticipated to drive enormous growth in retail rents.
Secure one of Australia's best retail corners with enormous future opportunity for significant income reversion or for owner-occupation.
For further information, contact Emmetts and Cushman & Wakefield Melbco as the exclusive selling agents.
Emmetts
Charles Emmett | +61 402 358 0...
Xander Yeo | +61 487 656 1...
Cushman & Wakefield Melbco
Daniel Wolman | +61 412 957 8...
Oliver Hay | +61 419 528 540
Leon Ma | +61 417 070 7...
Property ID: 504439284Last Updated: 26 Mar 2024
600 Chapel Street
South Yarra, VIC 3141
Emmetts - Melbourne21-27 Somerset Place
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
Cushman & Wakefield - MelbourneLevel 9, 385 Bourke Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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357-359 Chapel Street,South Yarra, VIC 3141 609 m²Shops & Retail • Development Sites & Land • Showrooms & Large Format Retail
