122 Chapel Street,
St Kilda, VIC 3182
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Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
122 Chapel Street
St Kilda, VIC 3182
Map of 122 Chapel Street
SUBSTANTIAL FUTURE REDEVELOPMENT OPPORTUNITY (STCA)
** PRIVATE SALE **
FIRST TIME OFFERED IN 50 YEARS
An outstanding opportunity to secure a significant landholding within one of Melbourne’s most tightly held and highly sought locations.
• Existing two level office building with GBA of 1,050m2* offering secure income of $175,000* p.a. with leases expiring September 2022
• 675m2* of Mixed Use (MUZ) zoned land allowing for future multi-level development (STCA)
• Three street frontages:- Chapel Street - 18* metres- Dianella Lane - 38* metres- Rear frontage - 17* metres
• Within 50* metres to vibrant Carlisle Street retail precinct, nearby Balaclava train station, Coles and Woolworths supermarkets plus much more.
*approx.
FIRST TIME OFFERED IN 50 YEARS
An outstanding opportunity to secure a significant landholding within one of Melbourne’s most tightly held and highly sought locations.
• Existing two level office building with GBA of 1,050m2* offering secure income of $175,000* p.a. with leases expiring September 2022
• 675m2* of Mixed Use (MUZ) zoned land allowing for future multi-level development (STCA)
• Three street frontages:- Chapel Street - 18* metres- Dianella Lane - 38* metres- Rear frontage - 17* metres
• Within 50* metres to vibrant Carlisle Street retail precinct, nearby Balaclava train station, Coles and Woolworths supermarkets plus much more.
*approx.
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St Kilda, 3182 demographic data
The median household income for St Kilda is $1,779, 6% lower than Greater Melbourne's household income of $1,901. St Kilda has a younger age profile compared to the rest of Greater Melbourne (median age 36 vs 37). Property ownership data shows 60% of property owners in St Kilda have a mortgage.
19,490
Population
$1,779 per week
Median household income
36 years
Median age
Renters
Most residents
Singles
Most households
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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