JLL Development Site Services has the exclusive privilege of offering for sale 430-438 Chapel Street, South Yarra a high-profile permitted landholding positioned in the best section of Chapel Street.
Key details of the opportunity include:
+ High-profile 817sqm* landholding in the best section of Chapel Street + Prominent 25m* retail frontage to Chapel Street, with wide rear street frontage to Bray Street providing excellent construction efficiency and access to light for future development + Plans and permit for a 7-level project featuring 3,790sqm* of above ground GFA, designed by JCB Architects + Side core configuration and optimum floorplates (avg. 441sqm*) offers tremendous versatility + Short-term income available + Flexible Activity Centre Zoning suits an array of development outcomes including residential, hotel, co-living, vertical retail and more (STCA) + Chapel Street is undergoing a strong resurgence, driven by several hallmark developments, including Goldfield's 627 Chapel Street and Newmark/Gurner's $1.5bn Jam Factory projects + A location endorsed by numerous family offices and major corporations + South Yarra is a premium high end residential market boasting a median house price of $2,236,500^ + Convenient access to tram and bus routes along Chapel Street and short walking distance to South Yarra and Hawksburn Train Stations
*Approx. ^Realestate.com.au
To obtain further information, please contact the exclusive selling agent.
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A block's planning zone defines how that land can be used and what can be built on it.
A right to use a part of land owned by another person for a specific purpose. The most common forms of easements are for services, such as water, electricity or sewerage.
The value of a block of land without any buildings, landscaping, paths, or fences. This is different to the block's market value. A block's unimproved value is used to calculate rates and land tax charges.
This represents the shape of the geographical land. Closely spaced contour lines represent a steep slope. Widely spaced lines represent a gentle slope.
Allhomes acknowledges the Ngunnawal people, traditional custodians of the lands where Allhomes is situated. We wish to acknowledge and respect their continuing culture and the contribution they make to the life of Canberra and the region. We also acknowledge all other First Nations Peoples on whose lands we work.
"With open hearts and minds, together we grow." artwork by David Williams of Gilimbaa.