377-381 Chapel Street,
Prahran, VIC 3181

Shops & Retail • Offices

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Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141

377-381 Chapel Street

Prahran, VIC 3181

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Melbourne's Most High Profile Fast Food Investment - Available for the First Time in 60+ Years

Globally Recognised Tenant
Corner Freehold Building
Blue Chip Retail Location

Stonebridge Property Group, in conjunction with Wilson Commercial, are pleased to present KFC Chapel Street (377-381 Chapel Street, Prahran) for sale via Public On-site Auction.

The key highlights of the opportunity include:

- An iconic Chapel Street freehold that has been anchored by the international powerhouse tenant for over 45 years

- The globally recognised fast food tenant boasts an international network of 29,900+ stores

- The trophy corner freehold spans 336 sqm* and boasts a modern KFC fit out

- Positioned on a high exposure 251 sqm* Commercial 1 zoned landholding with 33 m* of combined corner frontage

- Situated on the corner of Chapel Street and Elizabeth Street, a major thoroughfare to the popular Prahran Market

- The unmissable building adjoins ALDI/Westpac, is directly opposite McDonald's/Chemist Warehouse and just a short walk to Coles, Dan Murphy's, Woolworths and a plethora of other international brands

- Additional income is bolstered by the highly rated Bodhi Thai Massage (4.8 star google review) occupies 377 Chapel Street on flexible short term lease structure via a recently renewed 3-year lease.

KFC Chapel Street is offered for sale via Public On-site Auction on Friday 7th June 2024 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Nic Hage
0448 782 5...

Rorey James
0439 400 0...

Kevin Tong 汤聪瑜
0422 848 8...

Wilson Commercial:

Adam Guest
0425 288 8...

Alan Watson
0434 398 818

* Approximately

Property Code: 958

Prahran, 3181 demographic data

The median household income for Prahran is $2,121, 12% higher than Greater Melbourne's household income of $1,901. Prahran has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 53% of property owners in Prahran have a mortgage.

12,203

Population

$2,121 per week

Median household income

34 years

Median age

Renters

Most residents

Singles

Most households

Stonebridge Property Group - Melbourne

Level 19, 627 Chapel Street
SOUTH YARRA, VIC 3141