438 Chapel Street , South Yarra

3148.00m2
Offices
Contact Agent

Market defining office investment in an unrivalled location

Gross Waddell ICR is pleased to present for sale 438 Chapel Street, South Yarra. Permit approved for a market defining office building including premium Chapel Street retail, this standalone freehold will redefine the city-fringe office market.

• Premium 7 level office tower with two street frontages

• Total Net Lettable Area of 3,148 sqm* offering efficient and appealing whole floor tenancies of varying size

• Estimated fully leased net passing income of $2,104,360 per annum*

• Fund through investment opportunity with 2 years of guaranteed rent or ability to occupy part/whole building

• Sprawling terraces provided on numerous floors offering impressive view lines of the CBD and Royal Botanic Gardens

• Ample on-site car parking for 36 cars with high quality end of trip and bike facilities

• Designed by award winning Jackson Clements Burrows Architects

• Natural light to 3 sides with frontages to both Chapel Street and Bray Street

• Designed to achieve a 4.5-Star NABERS rating

• Anticipated practical completion Q3 2023 and offering significant stamp duty savings

• Located in a bustling and high demand City Fringe office market

• Surrounded by premium developments as well as world class retail and lifestyle amenity

For sale by Expressions of Interest closing at 12:00 pm on Friday the 10th of December 2021.

*Approx.

Interested in this property?

  • This field is for validation purposes and should be left unchanged.