Stylish Freehold In Strategic South Yarra Location - Domain

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Auction Friday 2 June 1pm on site

500M TO FORREST HILL PRECINCT

479 CHAPEL ST, SOUTH YARRA

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Stylish Freehold In Strategic South Yarra Location 479 Chapel Street, South Yarra

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Auction Friday 2 June 1pm on site Stylish Freehold In Strategic South Yarra Location 479 Chapel Street, South Yarra > First time offered in 35 years > S  ituated opposite pedestrian crossing leading to the iconic Jam Factory Shopping Centre > Land Area: 147m2 approx. plus rear access entered from Cliff Street > 7 + 7 year lease to Hairhouse Warehouse from August 2012 > Current Rent: $128,684 approx. plus outs and GST > E  xcellent public car parking nearby > S  uperb value add opportunity (STCA) > C  lose to numerous multi-level developments set to increase density, foot traffic and consumer demand > O  utstanding opportunity to acquire central retail investment located opposite the iconic Jam Factory Shopping Centre and in the heart of Melbourne’s highly acclaimed Chapel Street shopping strip > Terms: 10% deposit, balance 60 days

fitzroys.com.au | 9275 7777 367 Collins Street M  elbourne Contact: Mark Talbot 0409 222 411 James Lockwood 0402 824 441