481 Chapel Street,
South Yarra, VIC 3141

Shops & Retail

Key property information

Floor area

Leased on

Map of 481 Chapel Street

Directions

Impressive Hospitality Opportunity in Busy Precinct

Fully Serviced for Food & Beverage
3Am Liquor Licence
Impressive First Floor Function Space

Strategically located in a popular lifestyle precinct in the heart of South Yarra this well presented hospitality opportunity with impressive first floor function space is subject to heavy pedestrian and vehicular traffic offering great exposure.

Key features include the following:

- Building Area: 273sqm*
- Rear access via laneway
- Suits a variety of uses (STPA)
- Well-presented double storey building
- Close proximity to public transport
- Modern first floor function space with separate bar and balcony
- Huge commercial kitchen
- Large developmental growth occurring in area expecting to bring an influx of local residents

*approx.

South Yarra, 3141 demographic data

The median household income for South Yarra is $2,063, 9% higher than Greater Melbourne's household income of $1,901. South Yarra has a younger age profile compared to the rest of Greater Melbourne (median age 33 vs 37). Property ownership data shows 47% of property owners in South Yarra have a mortgage.

25,028

Population

$2,063 per week

Median household income

33 years

Median age

Renters

Most residents

Singles

Most households