518-522 Chapel Street,
South Yarra, VIC 3141
Shops & Retail • Development Sites & Land
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Teska Carson Pty Ltd - Richmond
6 Yorkshire StreetRICHMOND, VIC 3121
518-522 Chapel Street
South Yarra, VIC 3141
Map of 518-522 Chapel Street
LAND RICH INVESTMENT WITH 3 STREET FRONTAGES AND ENDLESS UPSIDE
- 600m2 of Activity Centre Zoned Land
- Three Street Frontages
- Offered with Vacant Possession
Teska Carson are pleased to be offering 518-522 Chapel Street, South Yarra (The Imperial Hotel) for sale by Public Auction on Friday 22 November 2024 at 1pm on-site.
Key highlights include:
- 605sqm of land with three street frontages (Chapel Street, Palermo Street and Forster Street).
- Offered for sale with Vacant Possession for the first time ever.
- Class leading opportunity for multi-level development, exclusive flagship retail or hospitality powerhouse set to benefit directly from $1.2 billion* Gurner™ & Qualitas mixed-use redevelopment of the ‘Jam Factory.’
- Highly coveted inner-city location with proximity to Royal Botanic Gardens, Shrine of Remembrance, National Gallery of Victoria, Arts Centre, Alfred Hospital, and the Prahran Market.
- Positioned in the heart of Melbourne’s most thriving inner-city retail precinct surrounded by public transport, elite schools, and first-in-class amenity with a median house price of $2,150,000.
- Situated 5km* from Melbourne’s vibrant CBD.
For more information please don't hesitate to contact the listing agents.
*approx
Key highlights include:
- 605sqm of land with three street frontages (Chapel Street, Palermo Street and Forster Street).
- Offered for sale with Vacant Possession for the first time ever.
- Class leading opportunity for multi-level development, exclusive flagship retail or hospitality powerhouse set to benefit directly from $1.2 billion* Gurner™ & Qualitas mixed-use redevelopment of the ‘Jam Factory.’
- Highly coveted inner-city location with proximity to Royal Botanic Gardens, Shrine of Remembrance, National Gallery of Victoria, Arts Centre, Alfred Hospital, and the Prahran Market.
- Positioned in the heart of Melbourne’s most thriving inner-city retail precinct surrounded by public transport, elite schools, and first-in-class amenity with a median house price of $2,150,000.
- Situated 5km* from Melbourne’s vibrant CBD.
For more information please don't hesitate to contact the listing agents.
*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
Teska Carson Pty Ltd - Richmond6 Yorkshire Street
RICHMOND, VIC 3121
RICHMOND, VIC 3121
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329-333 Toorak Road & 2 Tivoli Road,South Yarra, VIC 3141 445 m²Shops & Retail • Development Sites & Land • Offices
