8 Chapel Street, Cremorne, VIC 3121 | Property Value & History | OnTheHouse
OFF MARKET

8 Chapel Street
Cremorne VIC 3121

Bedrooms: -
Bathrooms: -
Car spaces: 8
Land area: 257m2
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Property Details for 8 Chapel St, Cremorne

Building Type
Land
Year Built
1976
Land Size
257m2
Local Government
Yarra
Lot/Plan
1/TP812046

Last Listing description (June 2023)

Jones Real Estate is proud to present Terrain House at 8 Chapel Street, Cremorne to the market For Sale via Private Negotiation.

Located in the heart of Cremorne, Terrain House is surrounded by a vibrant community of like-minded businesses, providing opportunities for collaboration and networking. And with easy access to public transportation and major arterial roads, commuting to and from work has never been easier.

Key features of this remarkable opportunity include:

- Prime land holding of 258sqm* in the heart of Cremorne.

- Boasting an impressive Gross Building Area of 556sqm*.

- Enjoy the convenience of 8 on-site car parks available in your own secure motorized garage, accessible from Hutchings Street.

- Property features a tranquil indoor garden along and a rooftop with sweeping views of Melbourne's CBD.

- Favourable Commercial 2 Zoning (C2Z) allowing for future multi-level development^.

- Projected fully leased income of $300,000 per annum + GST & Outgoings.

- Situated amongst some of the country's largest corporations such as Seek, Car Sales, Uber, Disney, MYOB, National Australia Bank as well as a litany of others.

- Easy access to transport via the 70 and 78 tram routes, and East Richmond and Richmond train stations just a short walk away. The location is also conveniently situated near major arterial road networks, including Church St, Swan St, Punt Rd, Alexandra Ave, M3 and Monash Freeway.

*Approx.

For further information or to schedule a private inspection of the opportunity, please contact the exclusive selling agents.

Disclaimer: Sizes and dimensions described are approximate. Parties should not rely on the information contained within this summary; we recommend seeking professional advice before proceeding.

Property History for 8 Chapel St, Cremorne, VIC 3121

A timeline of how this property has performed in the market
Last Sold
$2,500,000
04 Nov 2014
  • 04 May 2023
    Listed for Sale Contact Agent
  • 13 Jul 2022
    Listed for Sale $5,300,000
  • 04 Nov 2014
    Sold for $2,500,000
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About Cremorne 3121

The size of Cremorne is approximately 0.7 square kilometres. It has 3 parks covering nearly 0.5% of total area. The population of Cremorne in 2016 was 2018 people. By 2021 the population was 2158 showing a population growth of 6.9% in the area during that time. The predominant age group in Cremorne is 30-39 years. Households in Cremorne are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Cremorne work in a professional occupation.In 2021, 48.30% of the homes in Cremorne were owner-occupied compared with 48.90% in 2016.

Cremorne has 2,319 properties. Over the last 5 years, Houses in Cremorne have seen a 3.99% increase in median value, while Units have seen a 5.20% increase. As at 31 December 2025:

  • The median value for Houses in Cremorne is $1,352,681 while the median value for Units is $714,122.
  • Houses have a median rent of $800 while Units have a median rent of $660.
There are currently 2 properties listed for sale, and 3 properties listed for rent in Cremorne on OnTheHouse. According to Cotality's data, 114 properties were sold in the past 12 months in Cremorne.

Suburb Insights for Cremorne 3121

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.