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VIC (Prahan) Iconic Chapel Street Investment Opportunity with Enormous Potential

229 Chapel Street & 24 Macquarie Street Prahran VIC 3181

  • Cushwake Revolverlane Wwp Selected 9a
  • 229 Chapel Street Property Outline Custom 2
  • Cushwake Revolverlane Wwp Selected 1
  • Cushwake Revolverlane Wwp Selected 2
  • Cushwake Revolverlane Wwp Selected 3
  • Cushwake Revolverlane Wwp Selected 6
  • Cushwake Revolverlane Wwp Selected 4
  • Cushwake Revolverlane Wwp Selected 16
  • Cushwake Revolverlane Wwp Selected 5
  • Cushwake Revolverlane Wwp Selected 15 Custom 1
  • 229 Chapel Street Property Outline Side Angle Custom 2
  • Revlane Im Document V3 Surroundringarea
  • Cushwake Revolverlane Wwp Selected 11 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 3 Custom 2
  • Cushwake Revolverlaneadditional Selected Wwp 4 Custom 2
  • Cushwake Revolverlaneadditional Selected Wwp 5 Custom 2
  • Cushwake Revolverlaneadditional Selected Wwp 6 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 7 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 11 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 8 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 13 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 14 Custom 1
  • Cushwake Revolverlaneadditional Selected Wwp 15 Custom 1
For Sale Current
Branded National Investments
Investment
Property No.

Attributes and Features

Building Area 2731 sqm
Last Updated May 13, 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.

*Approx.

VIC (Prahan) Iconic Chapel Street Investment Opportunity with Enormous Potential229 Chapel Street & 24 Macquarie StreetPrahran, VIC 3181
229 Chapel Street & 24 Macquarie Street Prahran VIC 3181