402-416 Chapel Street, South Yarra, Vic 3141

Stonebridge Property Group and Cushman and Wakefield are pleased to present 402-416 Chapel Street, South Yarra, one of inner-Melbourne’s last remaining development opportunities of significant scale. 

The prominent 3,306 sqm* corner landholding includes 75 m* of highly valuable street frontage to Chapel Street, one of Melbourne’s premier retail and lifestyle precincts. Additionally, the Activity Centre Zone and discretionary height controls allow for a range of development outcomes including residential, commercial, hotel and retail (STPA). 

The key highlights of the opportunity include:

   -  Prominent 3,306 sqm* corner landholding with 75 m* of highly valuable street frontage to Chapel Street, one of Melbourne’s premier retail and entertainment precincts

   -  Activity Centre Zone, with discretionary height controls, allowing for a range of development outcomes including residential, commercial, hotel and retail (STPA)

   -  220 m* of quadruple street frontage, creating nearly an island site

   -  Permit approved for mixed use development including hotel, retail and residential

   -  Additional concept scheme featuring a 15-level residential tower plus ground floor retail spaces, designed by highly renowned architect, Jackson Clements Burrows

   -  Proximity to world class retail including Prahran market (150 m*), Como Centre (615 m*) and the forthcoming Jam Factory redevelopment (200 m*)

   -  Exceptional public transportation opportunities with Prahran, Hawksburn and South Yarra Train Stations within 700 m* of the Property as well as tram & bus stops along Chapel Street

   -  Potential for CBD, Port Phillip Bay and Albert Lake Park views from upper levels of redevelopment

   -  One of South Yarra and inner-Melbourne’s last remaining development opportunities of significant scale with the potential to create a true Melbourne icon (STPA)

   -  Affluent area with a median house price of $2,280,000, significantly greater than the Melbourne average^

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents, Stonebridge Property Group and Cushman and Wakefield.

Stonebridge Property Group:

Julian White
0422 764 137

Andrew Milligan
0421 559 992

Chao Zhang 张超
0411 625 068

 Cushman and Wakefield:

Hamish Burgess
+61 421 641 497

Marcus Neill
+61 452 405 782

Joe Kairouz
+61 421 430 638

Leon Ma 马海翔
+61 417 070 725

 * Approximately
^ REIV

Property Code: 964