119-123 Greville Street, Prahran, Vic 3181

CBRE Melbourne are delighted to present for sale a super rare opportunity to purchase three (3) retail freeholds in-one-line on Prahran’s popular Greville Street retail strip.

This significant investment offering can be summarised by the following key features:

+ Three (3) high profile retail freeholds offered for the first time together presenting investors and developers the opportunity to secure a diversified income stream on a substantial Greville Street land parcel  

+ Offered to the market fully leased to longstanding and popular café tenant Chez Mademoiselle Café across 121 & 123 Greville Street as well as boutique retailer ‘Muse’ located at 119 Greville Street with significant rental upside

+ The property features a combined retail frontage of 11.85 metres to Greville Street with additional rear laneway access and ROW to Glass Place and car space at 119 Greville Street 

+ Spanning a 362 square metre* Activity Centre Zoned (ACZ1) landholding with excellent development upside with existing height precedent for a future 5-level development

+ Superbly situated in the heart of the thriving Greville Street retail and hospitality precinct, with direct proximity to high attraction hospitality businesses such as Entrecote, Angus & Bon, Rossi, College Lawn Hotel

+ Immediate proximity to over $3 billion in upcoming redevelopment and urban renewal projects including Gurner and Qualitas's $2.75 billion Jam Factory redevelopment, 45 new luxury apartments at Outline Project's 58 Porter Street undertaking, and 32 new residences at Sinclair Brook's Windsor Park project

Do not miss this opportunity for astute investors to secure Greville Street’s rarest investment opportunity in over a decade.

119-123 Greville Street is offered For Sale via Expressions of Interest closing Thursday 27th February 2025 at 2:00pm (AEDT)

For further information please contact the exclusive sales and marketing agents at CBRE:

Alex Brierley
+61 447 974 447
[email protected]

Nathan Mufale
+61 421 224 354
[email protected]

CBRE Asian Services Desk:
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
[email protected] (电子邮件)
jheng1206 (微信) 

*Denotes Approx.