15-17 Simmons Street,
South Yarra, VIC 3141
Offices • Showrooms & Large Format Retail
Key property information
Floor area
Tenure type
Sold on
Gross Waddell ICR - Commercial
Level 1, 30 Collins StreetMELBOURNE, VIC 3000
15-17 Simmons Street
South Yarra, VIC 3141
Map of 15-17 Simmons Street
TWO LEVEL STANDALONE OFFICE / WAREHOUSE BUILDING WITH AT-GRADE ONSITE PARKING
- Building Area: 617m2*
- Fully Let Income: $180K net p.a.
- 100m* from Chapel Street
***SOLD***
This corner building located 100m* from Chapel Street and 300m* from the Jam Factory, currently undergoing a multibillion-dollar redevelopment that will transform the Chapel Street precinct, offers the opportunity for part owner occupation.
With the ground floor leased to a long-term tenant, the first floor offers an ‘industrial feel’ blank canvass, offering a multitude of uses.
With a substantial land allotment of 426m2* on two titles the property offers scope for future redevelopment (STCA) and when combined with its favourable Activity Centre Zoning (ACZ1) and ‘Preferred Maximum Building Height of 27m* (8 x levels) it provides significant ‘value add’ potential.
Public transport is covered with trams and buses along Chapel St, Malvern and Toorak Roads and a choice of Hawksburn or South Yarra train stations just minutes away.
Other major attractions in the immediate vicinity include Prahran Market 500m* from your front door and Dye Works park just metres away at the end of Simmons Street.
• Building Area: 617m2*
• Fully Let Income: $180,000 net p.a.
• Location: 100m* from Chapel St, 4.5kms* from Melbourne CBD
For further information or to organise a personalised tour of the property, please contact Gross Waddell ICR directly.
*Approximate
This corner building located 100m* from Chapel Street and 300m* from the Jam Factory, currently undergoing a multibillion-dollar redevelopment that will transform the Chapel Street precinct, offers the opportunity for part owner occupation.
With the ground floor leased to a long-term tenant, the first floor offers an ‘industrial feel’ blank canvass, offering a multitude of uses.
With a substantial land allotment of 426m2* on two titles the property offers scope for future redevelopment (STCA) and when combined with its favourable Activity Centre Zoning (ACZ1) and ‘Preferred Maximum Building Height of 27m* (8 x levels) it provides significant ‘value add’ potential.
Public transport is covered with trams and buses along Chapel St, Malvern and Toorak Roads and a choice of Hawksburn or South Yarra train stations just minutes away.
Other major attractions in the immediate vicinity include Prahran Market 500m* from your front door and Dye Works park just metres away at the end of Simmons Street.
• Building Area: 617m2*
• Fully Let Income: $180,000 net p.a.
• Location: 100m* from Chapel St, 4.5kms* from Melbourne CBD
For further information or to organise a personalised tour of the property, please contact Gross Waddell ICR directly.
*Approximate
Additional information
Documents
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
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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