2/657 Chapel StreetSouth Yarra VIC 3141
Property Details for 2/657 Chapel St, South Yarra
Last Listing description (October 2023)
Gorman Allard Shelton is pleased to offer G2, 657 Chapel Street, South Yarra for sale by Expressions of Interest closing Wednesday 4th October at 3 pm.
The property presents a rare opportunity for owner-occupiers and investors to acquire this newly renovated and fully fitted medical consulting space situated within the heart of Melbourne's most exclusive city fringe precinct.
Key Details:
* Floor area: 140 sqm (approx.)
* Reception and waiting area
* 4 - 5 treatment rooms
* Versatile space suitable for a variety of medical/allied health, retail or commercial uses
* Self-contained with kitchenette & bathroom amenities
* Four (4) secure undercover car parks on title
* Occupy or Invest - A turnkey opportunity for occupiers or tenants
* Immediate proximity to South Yarra Station and major road arterials
Located on Chapel Street, South Yarra, a prime and affluent area and lifestyle precinct in Melbourne. In immediate proximity is an array of high-end restaurants, elegant bars and casual eateries.
Property History for 2/657 Chapel St, South Yarra, VIC 3141
- 11 Jul 2024Sold for $1,380,000
- 06 Sep 2023Listed for Sale Contact Agent
- 03 Dec 2016Sold for $1,705,000
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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 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% 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 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.
South Yarra has 25,503 properties. Over the last 5 years, Houses in South Yarra have seen a 6.39% increase in median value, while Units have seen a -3.84% decrease. As at 31 October 2024:
- The median value for Houses in South Yarra is $2,115,046 while the median value for Units is $599,695.
- Houses have a median rent of $725 while Units have a median rent of $588.
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