151 Chapel Street,
St Kilda, VIC 3182
Shops & Retail
Price information
Sale
$2,650,000 excluding GST
Key property information
Land area
Floor area
Zoning
Tenure type
Tenanted Investment Details
Occupancy
Fully Leased
Est. Incomep.a.
$99,052
Number of Tenants
3 Tenants
Private inspections
to arrange a private inspection.
Map of 151 Chapel Street
Train stations within 5 km of 151 Chapel Street, St Kilda, VIC 3182 Distance Balaclava Station 329 m Ripponlea Station 979 m Windsor Station 1.3 km Elsternwick Station 2 km Prahran Station 2.1 km POWERED BY HERE ©Tram stops within 5 km of 151 Chapel Street, St Kilda, VIC 3182 Distance 37-Carlisle St/Chapel St (St Kilda) 50 m 37-Chapel St/Carlisle St (Balaclava) 67 m 36-St Kilda Town Hall/Carlisle St (St Kilda) 119 m 35-Brighton Rd/Carlisle St (St Kilda) 219 m 36-St Kilda Primary School/Brighton Rd (Balaclava) 283 m POWERED BY HERE ©Bus stops within 5 km of 151 Chapel Street, St Kilda, VIC 3182 Distance Dickens St/Brighton Rd (St Kilda) 344 m Blessington StCarlisle St 390 m Chapel St/Brighton Rd (Balaclava) 411 m Wimbledon AveBrighton Rd 552 m Greeves St/Carlisle St (St Kilda) 572 m POWERED BY HERE ©
POWERED BY HERE ©
UNIQUE & FLEXIBLE CHAPEL STREET BUILDING
Gross Waddell ICR is pleased to offer for Private Sale 151 Chapel Street, St Kilda.
Positioned within one of Melbourne’s most vibrant locations, the property comprises a retail space, rear warehouse/residence conversion & an upstairs apartment offering the ultimate flexibility to invest, part occupy or develop (STCA) in the future.
Key property highlights include:
• Land area: 281sqm*
• Flexible Commercial 1 zoning
• Three income streams totalling $99,052* p.a.
• Benefits from rear access and off street parking
• Located metres from the Carlisle Street retail precinct
151 Chapel Street (retail space):
• Building area: 83sqm*
• Leased to Michael’s Cameras Hire
• Renewed 3 year lease commencing 1st April 2024
• Rent: $35,692* p.a. (as at 1st April 2024)
Rear 151 Chapel Street (warehouse):
• Building area: 101sqm*
• Monthly overholding lease
• Rent: $39,108* p.a.
149A Chapel Street (residential apartment):
• Fully refurbished two bedroom residence with private access via Chapel Street
• 1 year lease commenced 27th November 2023
• Rent: $24,252* p.a.
151 Chapel Street, St Kilda is offered for Private Sale.
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*approx.
Positioned within one of Melbourne’s most vibrant locations, the property comprises a retail space, rear warehouse/residence conversion & an upstairs apartment offering the ultimate flexibility to invest, part occupy or develop (STCA) in the future.
Key property highlights include:
• Land area: 281sqm*
• Flexible Commercial 1 zoning
• Three income streams totalling $99,052* p.a.
• Benefits from rear access and off street parking
• Located metres from the Carlisle Street retail precinct
151 Chapel Street (retail space):
• Building area: 83sqm*
• Leased to Michael’s Cameras Hire
• Renewed 3 year lease commencing 1st April 2024
• Rent: $35,692* p.a. (as at 1st April 2024)
Rear 151 Chapel Street (warehouse):
• Building area: 101sqm*
• Monthly overholding lease
• Rent: $39,108* p.a.
149A Chapel Street (residential apartment):
• Fully refurbished two bedroom residence with private access via Chapel Street
• 1 year lease commenced 27th November 2023
• Rent: $24,252* p.a.
151 Chapel Street, St Kilda is offered for Private Sale.
For further information or to organise an inspection, please contact Gross Waddell ICR directly.
*approx.
Property ID: 504546256Last Updated: 30 Sep 2024
151 Chapel Street
St Kilda, VIC 3182
Gross Waddell ICR - CommercialLevel 1, 30 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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