8 Chapel StreetCremorne VIC 3121
Property Details for 8 Chapel St, Cremorne
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
- 04 May 2023Listed for Sale Contact Agent
- 13 Jul 2022Listed for Sale $5,300,000
- 04 Nov 2014Sold for $2,500,000
Recent sales nearby
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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 2,333 properties. Over the last 5 years, Houses in Cremorne have seen a 6.13% increase in median value, while Units have seen a 4.17% increase. As at 28 February 2026:
- The median value for Houses in Cremorne is $1,391,428 while the median value for Units is $722,938.
- Houses have a median rent of $810 while Units have a median rent of $675.
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