Savills is delighted to offer for sale this superb development site located in the heart of Prahran at 35-39 Clifton Street, Prahran. The property comprises a warehouse located on the footstep of the iconic Chapel Street retail strip, forming a rare opportunity to deliver a landmark project within the vibrant and highly desirable suburb of Prahran.
Key attributes of this fantastic opportunity are:
- Significant landholding of 470sq m*
- Prominent frontage of over 14m*
- Favourable Activity Centre Zoning supporting development of 8+ levels (STCA)
- Current net income of $67,496pa* (as at Aug-21)
- Leased to renowned local wholesaler Emma & Tom Foods Pty Ltd
- Ideally positioned 100m* from the iconic Chapel Street retail strip
- Direct proximity to Prahran Train Station, together with trams operating along Chapel Street and High Street
- Surrounded by numerous successful development projects reflecting strong demand for apartments in the immediate locale
SOLD
Please contact Savills agent for more information:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Remember to mention you found this property on DevelopmentReady
Savills is delighted to offer for sale this superb development site located in the heart of Prahran at 35-39 Clifton Street, Prahran. The property comprises a warehouse located on the footstep of the iconic Chapel Street retail strip, forming a rare opportunity to deliver a landmark project within the vibrant and highly desirable suburb of Prahran.
Key attributes of this fantastic opportunity are:
- Significant landholding of 470sq m*
- Prominent frontage of over 14m*
- Favourable Activity Centre Zoning supporting development of 8+ levels (STCA)
- Current net income of $67,496pa* (as at Aug-21)
- Leased to renowned local wholesaler Emma & Tom Foods Pty Ltd
- Ideally positioned 100m* from the iconic Chapel Street retail strip
- Direct proximity to Prahran Train Station, together with trams operating along Chapel Street and High Street
- Surrounded by numerous successful development projects reflecting strong demand for apartments in the immediate locale
SOLD
Please contact Savills agent for more information:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Remember to mention you found this property on DevelopmentReady