438 Chapel StreetSouth Yarra VIC 3141
Property Details for 438 Chapel St, South Yarra
Last Listing description (January 2024)
CHAPEL STREET'S PREMIER PERMITTED OPPORTUNITY
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
+ 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.
^***
430-438 Chapel Street, South Yarra is For Sale by International Expressions of Interest closing Tuesday 28 November 2023 at 2pm (AEDT)
To obtain further information or to arrange an inspection, please contact the exclusive selling agent.
Tim Carr | 0415 767 915
Jesse Radisich | 0402 085 702
Josh Rutman | 0411 27 37 46
MingXuan Li | 0498 688 998
Dual Fronted Chapel Street Site
Permitted for 3,790sqm* GFA Project
Flexible Activity Centre Zoning
Property History for 438 Chapel St, South Yarra, VIC 3141
- 25 Oct 2023Listed for Sale Contact Agent
- 07 Dec 2021Sold - Price Undisclosed
- 10 Nov 2021Listed for Sale Contact Agent
Recent sales nearby
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About South Yarra 3141
The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the 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 26,627 properties. Over the last 5 years, Houses in South Yarra have seen a -19.78% decrease in median value, while Units have seen a -7.48% decrease. As at 31 August 2026:
- The median value for Houses in South Yarra is $1,876,468 while the median value for Units is $594,082.
- Houses have a median rent of $905 while Units have a median rent of $625.
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