429-431 Chapel Street & 67-73 Grosvenor Street,
South Yarra, VIC 3141
Shops & Retail • Offices
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Jellis Craig Elwood
90 Ormond RdELWOOD, VIC 3184
429-431 Chapel Street & 67-73 Grosvenor Street
South Yarra, VIC 3141
Map of 429-431 Chapel Street & 67-73 Grosvenor Street
EXCEPTIONAL CORNER FREEHOLD – 7 TENANCIES
Teska Carson in conjunction with Chisholm & Gamon are pleased to present 429-431 Chapel Street and 67-73 Grosvenor Street, South Yarra for sale via Public Auction on Wednesday 1st March 2023 at 1pm on site.
Rarely does a substantial multi-tenancy freehold of this calibre come to the market, offering seven well-appointed and presented tenancies with a combined building area of 546sqm.
- Ideally located landholding of some 350sqm in the heart of Chapel Street.
- Comprising five functional retail tenancies (two with Chapel Street frontage), two impressive first-floor offices and on-site parking.
- Estimated fully leased rental of $258,000 p.a.
- Triple street frontage to Chapel Street, Grosvenor Street and Krypton Lane totalling some 56m
- One of Australia’s best-known retail precincts undergoing a significant ‘renaissance’ with billions of dollars in development approved or underway in the immediate vicinity.
- Activity Centre (ACZ1) Zoning
For further information or to arrange an inspection, please contact the listed agents.
Rarely does a substantial multi-tenancy freehold of this calibre come to the market, offering seven well-appointed and presented tenancies with a combined building area of 546sqm.
- Ideally located landholding of some 350sqm in the heart of Chapel Street.
- Comprising five functional retail tenancies (two with Chapel Street frontage), two impressive first-floor offices and on-site parking.
- Estimated fully leased rental of $258,000 p.a.
- Triple street frontage to Chapel Street, Grosvenor Street and Krypton Lane totalling some 56m
- One of Australia’s best-known retail precincts undergoing a significant ‘renaissance’ with billions of dollars in development approved or underway in the immediate vicinity.
- Activity Centre (ACZ1) Zoning
For further information or to arrange an inspection, please contact the listed agents.
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
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