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402-416 Chapel Street, South Yarra, VIC 3141

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402-416 Chapel Street, South Yarra, VIC 3141

402-416 Chapel Street, South Yarra, VIC 3141

Properties / Buy / Victoria / South Yarra
Development Approved

1. Property Summary

Property Type
Residential, Commercial
Sub Type
Land Site, Hotel Sites, Retail/Shopping Centre
Land Area
3,306 m² (*approx)
Selling Method
EOI: Contact Agent
EOI Closing Date
19 Jun 2024 02:00PM
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2. Property Highlights

Flagship Development Opportunity in Melbourne’s Premier Lifestyle District
  • 3,306 sqm* Corner Landholding
  • 75m* Chapel Street Frontage
  • Premier Lifestyle District

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

Remember to mention you found this property on DevelopmentReady

Read More

1. Property Summary

Property Type
Residential, Commercial
Sub-type
Land Site, Hotel Sites, Retail/Shopping Centre
Land Area
3,306 m² (*approx)
Selling method
EOI: Contact Agent
EOI Closing Date
19 Jun 2024 02:00PM

2. Property Highlights

Flagship Development Opportunity in Melbourne’s Premier Lifestyle District
  • 3,306 sqm* Corner Landholding
  • 75m* Chapel Street Frontage
  • Premier Lifestyle District

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

Remember to mention you found this property on DevelopmentReady

Read More

3. Property Location

402-416 Chapel Street, South Yarra, VIC 3141

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