647 Chapel Street,
South Yarra, VIC 3141

- Substantial, fully refurbished building of 300sqm approx.
- Land area of 238 sqm approx. plus excellent rear access via Daly Street and Forest Hill
- New 5 x 5 x 5 year lease to Melbourne’s iconic sweet destination Burch & Purchese
- Returning $140,400 per annum plus outgoings and GST
- Prominent two-level brick building featuring architecturally designed interiors
- Perfectly positioned between Toorak Road and Alexandra Avenue in the heart of the booming Forrest Hill high density precinct
- Next to The Olsen and opposite The Como Centre and Vogue (Kmart, Woolworths) and Melbourne High School to the rear
- Enormously successful location with a huge catchment of over 3,000 residents and workers immediately surrounding the property
- The property is further enhanced by the growing number residential projects currently under construction, including - - Royal Como, Gisele, 661 Chapel Street, W South Yarra, Wil & Co and many more
- Future value add potential (stca)
- Rare investment opportunity in a high growth location
- Inspection a must!