377-381 Chapel Street, Prahran, Vic 3181

Stonebridge Property Group, in conjunction with Wilson Commercial, are pleased to present KFC Chapel Street (377-381 Chapel Street, Prahran) for sale via Public On-site Auction.

The key highlights of the opportunity include:

   -  An iconic Chapel Street freehold that has been anchored by the international powerhouse tenant for over 45 years

   -  The globally recognised fast food tenant boasts an international network of 29,900+ stores

   -  The trophy corner freehold spans 470 sqm* and boasts a modern KFC fit out

   -  Positioned on a high exposure 251 sqm* Commercial 1 zoned landholding with 33 m* of combined corner frontage

   -  Situated on the corner of Chapel Street and Elizabeth Street, a major thoroughfare to the popular Prahran Market

   -  The unmissable building adjoins ALDI/Westpac, is directly opposite McDonald's/Chemist Warehouse and just a short walk to Coles, Dan Murphy's, Woolworths and a plethora of other international brands

   -  Additional income is bolstered by the highly rated Bodhi Thai Massage (4.8 star google review) occupies 377 Chapel Street on flexible short term lease structure via a recently renewed 3-year lease.

   -  Providing annual income of $279,485* + GST 

 KFC Chapel Street is offered for sale via Public On-site Auction on Friday 7th June 2024 at 12:30pm (AEST). To obtain further information or to arrange an inspection, please contact the exclusive selling agents.

Stonebridge Property Group:

Nic Hage
0448 782 594

Rorey James
0439 400 081

Kevin Tong 汤聪瑜
0422 848 818

Wilson Commercial:

Adam Guest
0425 288 888

Alan Watson
0434 398 818

 * Approximately

Property Code: 958