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Land Rich Investment With 3 Street Frontages And Endless Upside

518-522 Chapel Street

South Yarra, Victoria, 3141, Australia

Property ID: #5439899 // Commercial
    / 11
Traditional Sale
List Price:
USD $3,318,752.95
This amount was converted from the original amount of 5,000,000.00 AUD to USD at the exchange rate as of 2025-12-16 12:00:00 UTC
Traditional Sale
List Price:
USD $3,318,752.95
This amount was converted from the original amount of 5,000,000.00 AUD to USD at the exchange rate as of 2025-12-16 12:00:00 UTC
Icon 8,611.13 ft²
Icon 0.15 acres
Icon - beds
Icon - baths
Title:
Land Rich Investment With 3 Street Frontages And Endless Upside
Address:
518-522 Chapel Street
City:
South Yarra
State, Province or Island:
Victoria
Zip Code:
3141
Country:
Australia
Property Type:
Commercial
Additional Property Types:
Commercial
Property Size:
8,611.13 ft²
Lot Size:
0.15 acres
Data Source:
Properstar
MLS/Reference Number(s):
101279374
Source Property Type:
CommercialGround, CommercialPremises

Property Provided By

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Property Information

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

Source Disclaimer

Information herein is deemed reliable but not guaranteed and is provided exclusively for consumers personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This content last updated on 2025-01-28 16:41:47. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

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