173 Chapel StreetWindsor VIC 3181
Property Details for 173 Chapel St, Windsor
Last Listing description (November 2021)
Emmetts are delighted to exclusively present for sale the freehold of one of Melbourne's best known late night institutions - 173 Chapel Street Windsor - to be sold subject to a long lease to Borsch, Vodka & Tears.
A retail freehold investment positioned in the prime trading section of Chapel Street, Windsor with a rare late trading liquor license attached to the freehold.
Key features include:
+ Long lease to Borsch, Vodka & Tears; the original cocktail bar that established Chapel Street Windsor as the destination that it is today.
+ Rent $83,283 per annum plus GST & outgoings (effective 1 January 2022).
+ Fixed rental increases of 4% per annum throughout the lease term
+ The building includes a commercial kitchen
+ Late trading liquor license attached to the freehold
For sale by public auction on Wednesday 24th November at 2:30pm on site.
Further information contact the exclusive selling agents Emmetts.
Property History for 173 Chapel St, Windsor, VIC 3181
- 24 Nov 2021Sold for $2,675,000
- 29 Oct 2021Listed for Sale Contact Agent
- 13 Jun 2019Listed for Sale Not Disclosed
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About Windsor 3181
The size of Windsor is approximately 1.1 square kilometres. It has 6 parks covering nearly 3.7% of total area. The population of Windsor in 2016 was 7281 people. By 2021 the population was 7273 showing a population decline of 0.1% in the area during that time. The predominant age group in Windsor is 20-29 years. Households in Windsor are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Windsor work in a professional occupation.In 2021, 39.40% of the homes in Windsor were owner-occupied compared with 36.20% in 2016.
Windsor has 5,973 properties. Over the last 5 years, Houses in Windsor have seen a -6.42% decrease in median value, while Units have seen a 3.00% increase. As at 31 March 2026:
- The median value for Houses in Windsor is $1,445,743 while the median value for Units is $581,773.
- Houses have a median rent of $850 while Units have a median rent of $550.
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