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450-460 Chapel St 710 SF Office Condo Unit Offered at $277,069 in South Yarra, VIC 3141
Investment Highlights
- Prime Chapel Street location
- Steps from South Yarra Station & Tram 78
- Secure onsite car park & Wilson Street access
Executive Summary
450 Chapel Street, South Yarra offers a 66 sqm* office suite in one of Melbourne’s most prominent commercial and retail precincts. The suite features a bright, well-maintained layout and includes a secure onsite car park with access via Wilson Street. Positioned in the heart of Chapel Street, the property benefits from excellent connectivity, located just steps from South Yarra Station and Tram Route 78
1 Unit Available
- Unit
- Unit Size
- Condo Use
- Price
- NOI
| Sale Type | Investment |
| Sale Type | Investment |
Description
Level 1, Suite B at 450 Chapel Street, South Yarra comprises a 66 sqm* office suite positioned within Melbourne’s renowned Chapel Street precinct. The suite offers a bright, well-maintained layout suitable for professional use and includes a secure onsite car park with convenient access via Wilson Street. Located steps from South Yarra Station and Tram Route 78, the property provides excellent connectivity and accessibility.
Currently leased to a long-term beauty tenant, the suite generates an annual rental income of $21,630 plus outgoings under a 3x3x3-year lease structure, delivering a secure investment opportunity in a high-demand location.
Currently leased to a long-term beauty tenant, the suite generates an annual rental income of $21,630 plus outgoings under a 3x3x3-year lease structure, delivering a secure investment opportunity in a high-demand location.
Sale Notes
450 Chapel Street, South Yarra for Private Sale at $395,000 (Negotiable). These 66 sqm* office suites offer a secure investment opportunity in one of Melbourne’s most sought-after commercial and lifestyle precincts.
The property is currently leased to a long-term beauty tenant, providing an annual rental income of $21,630 plus outgoings under a 3x3x3-year lease structure. The suite includes a secure onsite car park with access via Wilson Street and is located within walking distance of South Yarra Station and Tram Route 78. This offering represents a low-maintenance, income-generating asset in a blue-chip location.
The property is currently leased to a long-term beauty tenant, providing an annual rental income of $21,630 plus outgoings under a 3x3x3-year lease structure. The suite includes a secure onsite car park with access via Wilson Street and is located within walking distance of South Yarra Station and Tram Route 78. This offering represents a low-maintenance, income-generating asset in a blue-chip location.
| Unit | Unit Size | Condo Use | Price | NOI |
| Unit B | 710 SF | Office | $277,069 ($390.24/SF) | - |
Unit B
| Unit Size |
| 710 SF |
| Condo Use |
| Office |
| Price |
| $277,069 ($390.24/SF) |
| NOI |
| - |
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Unit B
| Unit Size | 710 SF |
| Condo Use | Office |
| Price | $277,069 ($390.24/SF) |
| NOI | - |
| Sale Type | Investment |
| Description | |
| Level 1, Suite B at 450 Chapel Street, South Yarra comprises a 66 sqm* office suite positioned within Melbourne’s renowned Chapel Street precinct. The suite offers a bright, well-maintained layout suitable for professional use and includes a secure onsite car park with convenient access via Wilson Street. Located steps from South Yarra Station and Tram Route 78, the property provides excellent connectivity and accessibility.<br> <br> Currently leased to a long-term beauty tenant, the suite generates an annual rental income of $21,630 plus outgoings under a 3x3x3-year lease structure, delivering a secure investment opportunity in a high-demand location.</li></ul> | |
| Sale Notes | |
| 450 Chapel Street, South Yarra for Private Sale at $395,000 (Negotiable). These 66 sqm* office suites offer a secure investment opportunity in one of Melbourne’s most sought-after commercial and lifestyle precincts.<br> <br> The property is currently leased to a long-term beauty tenant, providing an annual rental income of $21,630 plus outgoings under a 3x3x3-year lease structure. The suite includes a secure onsite car park with access via Wilson Street and is located within walking distance of South Yarra Station and Tram Route 78. This offering represents a low-maintenance, income-generating asset in a blue-chip location.</li></ul> |
Property Facts
The following property facts and amenities apply to the entire building. Details for individual condo units may vary and are listed in the unit information above.
| Total Building Size | 24,283 SF | Floors | 2 |
| Property Type | Retail (Condo) | Typical Floor Size | 12,142 SF |
| Property Subtype | Storefront Retail/Office | Lot Size | 0.27 AC |
| Building Class | C |
| Total Building Size | 24,283 SF |
| Property Type | Retail (Condo) |
| Property Subtype | Storefront Retail/Office |
| Building Class | C |
| Floors | 2 |
| Typical Floor Size | 12,142 SF |
| Lot Size | 0.27 AC |
Amenities
- Corner Lot
1 1
Nearby Major Retailers
1 of 2
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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450-460 Chapel St
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