For Sale
2 x South Yarra Freeholds Buy One or Buy Both!
471-473 Chapel Street, South Yarra VIC 3141
- 329 sqm* of Underlying Land
- Leased & Refurbished Buildings
- Opposite Jam Factory Development
Vinci Carbone, in conjunction with Stonebridge Property Group are pleased to present for sale 471 & 473 Chapel Street, South Yarra.
The key highlights of the opportunity include:
Combined
- Fully leased freehold investments with vendor-favoured net leases, providing a combined annual return of $150,000 + GST + Outgoings** via terms of 4 & 5 years
- Positioned on a flexible Activity Centre Zoned 329 sqm* landholding spanning two titles, offering 10.85 m* of prime Chapel Street double frontage.
- Leased to established national retailer DÉCLIC, the Melbourne-born menswear label, and The Beautiful Hair Boutique, a premium human hair wig and topper specialist with locations across Melbourne, Sydney and the Gold Coast.
- The prominent and recently renovated buildings span 375 sqm*, offering the convenience of rear access via Cliff Street and off-street parking.
471 Chapel Street, South Yarra
- Tenant: DÉCLIC
- Annual Income: $75,000**
- Land Area: 190 sqm*
473 Chapel Street, South Yarra
- Tenant: The Beautiful Hair Boutique
- Annual Income: $75,000*
- Land Area: 139 sqm*
Location
- In direct proximity to world class retail including Prahran Market (300 m*), Como Centre (450 m*) and the forthcoming Jam Factory redevelopment (100 m*)
- The $2.75 billion* Jam Factory redevelopment is set to accommodate 600 residences across five towers, commercial offices, retail and hospitality spaces, a new cinema complex and two hotels
- Exceptional public transport connectivity with Prahran, Hawksburn and South Yarra train stations within 700 m*, as well as tram and bus stops along Chapel Street.
471 & 473 Chapel Street, South Yarra is offered for sale via Public On-site Auction Friday 27th March 2026 at 11:00AM (AEDT).
