Cremorne 1 Chapel Street
ULTRA IMPRESSIVE CORNER SITE WITH TRIPLE STREET FRONTAGE IN CREMORNE
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:
Thursday 18th March 2:00-2:30pm
Thursday 25th March 2.00-2.30pm
Thursday 1st April 2.00-2.30pm
Thursday 15th April 2.00-2.30pm
To be sold by public auction on Thursday 22nd April, 2021 at 12:00pm on-site.
For further information contact the sales and marketing agents:
Charles Carty +61 438 277 050
Nick Mavrodoglos +61 402 318 825