403 Chapel StreetSouth Yarra VIC 3141
Property Details for 403 Chapel St, South Yarra
Last Listing description (March 2024)
Bringing the best iconic Melbourne to your door, this exceptional corner commercial premise delivers outstanding value, viability, and visibility. Positioned in a thriving activity hub with high foot traffic, boasting walking proximity to Prahran Market, Chapel Street's retail, cafe, dining precinct, Hawksburn Station, Prahran Station, and trams.
Presented as a double-story office this beautifully appointed property will meet today's business expectations and workplace culture. Comprising open plan, multipurpose spaces, an
enclosed meeting room, modern workstations with built-in seating, 3 offices, a large staff room with kitchen facilities, ample storage, and male and female bathrooms.
Featuring heating and cooling, large windows, contemporary finishes and fittings, a flexible floor plan scalable for various uses including retail and personal services. A prized opportunity for established businesses, innovative start-ups, or astute commercial investors.
Property's key features:
Open plan, multipurpose spaces over 2 levels
Meeting room & enclosed offices
Modern workstations and hubs
Staff room, kitchenette, bathrooms
Prominent Chapel St precinct
Land 185m2, Floor area 250m2
Walking distance to Prahran markets, CBA, Dan Murphys, and Officeworks
Public transport accessibility: 2 tram lines 78 runs from Balaclava to nth Richmond via Chapel St, Tram line 72 Camberwell to Melbourne University via Malvern Rd; both tram stops are within walking distance
Prahran train station 850m, Sth Yarra train station 1km, Hawksburn station 950m
Please get in touch with Ryan Trickey to book an inspection - 0400 380 438
*All areas and figures approx only. All boundaries are indicative only. All precautions have been taken to ensure that all information is correct, but this does not constitute any representation by the Vendor or Agents.
Property History for 403 Chapel St, South Yarra, VIC 3141
- 09 May 2023Listed for Rent $110,000 / year
- 15 Jun 2018Listed for Rent - Price not available
- 09 Dec 2016Sold for $5,005,000
Recent sales nearby
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About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation.In 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.
South Yarra has 26,173 properties. Over the last 5 years, Houses in South Yarra have seen a -0.82% decrease in median value, while Units have seen a -1.39% decrease. As at 30 November 2025:
- The median value for Houses in South Yarra is $1,974,826 while the median value for Units is $604,687.
- Houses have a median rent of $695 while Units have a median rent of $600.
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