Aston Commercial are pleased to offer 122 Chapel Street, St Kilda for Private Sale.
Property Features:
Land with 3 street frontages of 683 sqm*
An extremely solid building comprising predominantly brick and concrete construction that has the flexibility to occupy part or all given the existing layout for two tenants.
Ground floor is currently utilised for office use and the first floor as a photographic studio. While the space is dated, it does have some charm and character that can be exploited to transform the look and feel.
The building also benefits from side and rear access with undercover off street parking plus a council car park immediately behind the property. With the proposed major redevelopment of the Carlisle Street Coles Supermarket into a multi-level residential and retail complex being only a 100 metres* away, the immediate precinct will benefit from some considerable upside.
Contact Aston commercial for further information or to arrange an inspection.
*approx
The size of St Kilda is approximately 3.2 square kilometres. It has 17 parks covering nearly 21.5% of total area. The population of St Kilda in 2016 was 20230 people. By 2021 the population was 19490 showing a population decline of 3.7% in the area during that time. The predominant age group in St Kilda is 30-39 years. Households in St Kilda are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in St Kilda work in a professional occupation.In 2021, 37.10% of the homes in St Kilda were owner-occupied compared with 33.50% in 2016.
St Kilda has 18,704 properties. Over the last 5 years, Houses in St Kilda have seen a -0.13% decrease in median value, while Units have seen a -2.10% decrease. As at 28 February 2026:
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