Stonebridge Property Group is pleased to present 402-416 Chapel Street, South Yarra, one of inner-Melbourne’s last remaining development opportunities of significant scale. 

The prominent 3,306 sqm* corner landholding includes 75 m* of highly valuable street frontage to Chapel Street, one of Melbourne’s premier retail and lifestyle precincts. Additionally, the Activity Centre Zone and discretionary height controls allow for a range of development outcomes including residential, commercial, hotel and retail (STPA). 

The key highlights of the opportunity include:

• Prominent 3,306 sqm* corner landholding with 75 m* of highly valuable street frontage to Chapel Street, one of Melbourne’s premier retail and entertainment precincts
• Activity Centre Zone, with discretionary height controls, allowing for a range of development outcomes including residential, commercial, hotel and retail (STPA)
• 220 m* of quadruple street frontage, creating nearly an island site
• Permit approved for mixed use development including hotel, retail and residential
• Additional concept scheme featuring a 15-level residential tower plus ground floor retail spaces, designed by highly renowned architect, Jackson Clements Burrows
• Proximity to world class retail including Prahran market (150 m*), Como Centre (615 m*) and the forthcoming Jam Factory redevelopment (200 m*)
• Exceptional public transportation opportunities with Prahran, Hawksburn and South Yarra Train Stations within 700 m* of the Property as well as tram & bus stops along Chapel Street
• Potential for CBD, Port Phillip Bay and Albert Lake Park views from upper levels of redevelopment
• One of South Yarra and inner-Melbourne’s last remaining development opportunities of significant scale with the potential to create a true Melbourne icon (STPA)
• Affluent area with a median house price of $2,280,000, significantly greater than the Melbourne average^

To obtain further information, or to arrange an inspection, please contact the exclusive selling agents.

* Approximately
^ REIV

In conjunction with Cushman and Wakefield