This corner building located 100m* from Chapel Street and 300m* from the Jam Factory, currently undergoing a multibillion-dollar redevelopment that will transform the Chapel St precinct, offers the opportunity for part owner occupation.

With the ground floor leased to a long-term tenant, the first floor offers an ‘industrial feel’ blank canvass, offering a multitude of uses.

With a substantial land allotment of 426m2* on two titles the property offers scope for future redevelopment (STCA) and when combined with its favourable Activity Centre Zoning (ACZ1) and ‘Preferred Maximum Building Height of 27m* (8 x levels) it provides significant ‘value add’ potential.

Public transport is covered with trams and buses along Chapel St, Malvern and Toorak Roads and a choice of Hawksburn or South Yarra train stations just minutes away.

Other major attractions in the immediate vicinity include Prahran Market 500m* from your front door and Dye Works park just metres away at the end of Simmons Street.

• Building Area: 617m2*
• Fully Let Income: $177K net p.a.
• Location: 100m* from Chapel St, 4.5kms* from Melbourne CBD

The property is to be sold via International Expressions of Interest closing at 3:00 pm on Wednesday the 12th of November 2025.

For further information or to organise a personalised tour of the property, please contact Gross Waddell ICR directly.

*Approximate