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Iconic Chapel Street investment opportunity with enormous potential

229 Chapel Street and 24 Macquarie Street Prahran VIC 3181

  • Cushwake Revolverlane Wwp Selected 9a Custom
  • 229 Chapel Street Property Outline Custom 1
  • Cushwake Revolverlane Wwp Selected 1 Custom
  • Cushwake Revolverlane Wwp Selected 2 Custom
  • Cushwake Revolverlane Wwp Selected 3 Custom
  • Cushwake Revolverlane Wwp Selected 6 Custom
  • Cushwake Revolverlane Wwp Selected 4 Custom
  • Cushwake Revolverlane Wwp Selected 16 Custom
  • Cushwake Revolverlane Wwp Selected 5 Custom
  • Cushwake Revolverlane Wwp Selected 15 Custom
  • 229 Chapel Street Property Outline Side Angle Custom 1
  • Revlane Im Document V3 Surroundringarea Custom
  • Cushwake Revolverlane Wwp Selected 11 Custom
  • Cushwake Revolverlaneadditional Selected Wwp 3 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 4 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 5 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 6 Custom
  • Cushwake Revolverlaneadditional Selected Wwp 7 Custom
  • Cushwake Revolverlaneadditional Selected Wwp 11 Custom
  • Cushwake Revolverlaneadditional Selected Wwp 8 Custom
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  • Cushwake Revolverlaneadditional Selected Wwp 15 Custom
For Sale Current
Offices
Investment
Property No.

Attributes and Features

Building Area 2731 sqm
Last Updated May 21, 2020
Status Current

Two interconnected properties totalling 2,731sqm* of net lettable area
•    229 Chapel Street forms part of the four-level historic building known as the Colosseum which was originally built in 1914 and is being offered for sale for the first time since 1992 
•    The buildings are fully leased to Revolver Lane; Melbourne’s most unique co-working space and Revolver Upstairs; one of Melbourne’s most frequented bars, restaurants and night club with a rare 24-hour liquor licence 
•    The opportunity presents a compelling investment opportunity as well as multiple development or conversion options, ranging from boutique hotel, high end residential, hospitality and F&B or commercial office offering (STCA)
•    Situated in the heart of Prahran on Chapel Street and between High Street and Malvern Road
•    Prahran is set to undergo an exciting transformation with a number of rejuvenation and infrastructure projects either under construction or approved 

A 100% freehold interest in 229 Chapel Street & 24 Macquarie Street is being offered for sale by private sale via the exclusive sales agents.

*Approximately

Marcus Neill
+61 452 405 782

Lukas Byrns
+61 423 791 126

Iconic Chapel Street investment opportunity with enormous potential229 Chapel Street and 24 Macquarie StreetPrahran, VIC 3181
229 Chapel Street and 24 Macquarie Street Prahran VIC 3181