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518-522 Chapel Street, VIC 3141

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1. Property Summary

Property Type
Commercial
Sub Type
Retail/Shopping Centre
Selling Method
Auction: Contact Agent
Auction Date
13 Nov 2024 03:00PM
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2. Property Highlights

LAND RICH INVESTMENT WITH 3 STREET FRONTAGES AND ENDLESS UPSIDE

Teska Carson are pleased to be offering 518-522 Chapel Street, South Yarra (The Imperial Hotel) for sale by Public Auction on Friday 22 November 2024 at 1pm on-site.

Key highlights include: 

-  605sqm of land with three street frontages (Chapel Street, Palermo Street and Forster Street).

-  Offered for sale with Vacant Possession for the first time ever.

-  Class leading opportunity for multi-level development, exclusive flagship retail or hospitality powerhouse set to benefit directly from $1.2 billion* Gurner™ & Qualitas mixed-use redevelopment of the ‘Jam Factory.’

-  Highly coveted inner-city location with proximity to Royal Botanic Gardens, Shrine of Remembrance, National Gallery of Victoria, Arts Centre, Alfred Hospital, and the Prahran Market.

-  Positioned in the heart of Melbourne’s most thriving inner-city retail precinct surrounded by public transport, elite schools, and first-in-class amenity with a median house price of $2,150,000.

-  Situated 5km* from Melbourne’s vibrant CBD.

For more information please don't hesitate to contact the listing agents.

*approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

1. Property Summary

Property Type
Commercial
Sub-type
Retail/Shopping Centre
Selling method
Auction: Contact Agent
Auction Date
13 Nov 2024 03:00PM

2. Property Highlights

LAND RICH INVESTMENT WITH 3 STREET FRONTAGES AND ENDLESS UPSIDE

Teska Carson are pleased to be offering 518-522 Chapel Street, South Yarra (The Imperial Hotel) for sale by Public Auction on Friday 22 November 2024 at 1pm on-site.

Key highlights include: 

-  605sqm of land with three street frontages (Chapel Street, Palermo Street and Forster Street).

-  Offered for sale with Vacant Possession for the first time ever.

-  Class leading opportunity for multi-level development, exclusive flagship retail or hospitality powerhouse set to benefit directly from $1.2 billion* Gurner™ & Qualitas mixed-use redevelopment of the ‘Jam Factory.’

-  Highly coveted inner-city location with proximity to Royal Botanic Gardens, Shrine of Remembrance, National Gallery of Victoria, Arts Centre, Alfred Hospital, and the Prahran Market.

-  Positioned in the heart of Melbourne’s most thriving inner-city retail precinct surrounded by public transport, elite schools, and first-in-class amenity with a median house price of $2,150,000.

-  Situated 5km* from Melbourne’s vibrant CBD.

For more information please don't hesitate to contact the listing agents.

*approx

Remember to mention you found this property on DevelopmentReady

Read More
Development Potential

3. Property Location

518-522 Chapel Street, VIC 3141

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4. Due Diligence

Site Report Available

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Report Contains

Site Report Available

  • Site Summary
  • Development Pipeline
  • Recent Transactions
  • Surrounding Amenity
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