Cremorne 1 Chapel Street

382 m²

ULTRA IMPRESSIVE CORNER SITE WITH TRIPLE STREET FRONTAGE IN CREMORNE

382 m²

Price: Contact Agent

Belle Property Commercial is pleased to offer 1 Chapel Street, Cremorne for sale by public auction on Thursday 22nd April, 2021 at 12:00pm on-site.

Located in the one of Melbourne’s most appealing commercial precincts awaits this prominent warehouse/showroom with significant future development upside (STCA).

This impressive corner site boasts a substantial land area of 382sqm* with 3 street frontages (combined 53 metres) to Chapel Street, Pearson Street and Walnut Street.

With a total building area of 350sqm*, which includes first floor mezzanine, 1 Chapel Street is currently securely leased to Geoffrey Hatty Applied Arts with a current net income of $63,860 net pa*.

Key attributes include:

• Corner site with three (3) street frontage (combined 53 metres*)

• Refurbished Warehouse/Showroom

• Land area: 382sqm*

• Commercial 2 Zone

• Securely leased to Geoffrey Hatty Applied Arts

• Building Area: 350sqm*

• Close proximity to Swan Street and Church Street shopping precincts

• First time offered in 37 years

• Located in one of Melbourne's most sought after commercial hubs

This is the ultimate Cremorne corner providing significant opportunity for future high-density development (STCA), whilst retaining a holding income.

Open for Inspection: