Stonebridge Property Group, in conjunction with Vinci Carbone, are pleased to present for sale 471 & 473 Chapel Street, South Yarra.

The key highlights of the opportunity include:

Combined

– Fully leased freehold investment with vendor-favoured net leases that 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 10.8 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 360 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).

To obtain further information or to arrange an inspection, please contact the exclusive selling agents,

Stonebridge Property Group:

Nic Hage
0448 782 594

Ian Lam 林煒峻
0485 693 699

如需任何国语或粤语咨询，请联系我们亚洲业务团队的Ian Lam 林煒峻，联系电话: 0485 693 699，并可随时加他的微信 (WeChat ID: Ianlam2001)。

Rorey James
0439 400 081

Vinci Carbone:

Frank Vinci
0418 375 375

Zach Molinaro
0488 300 575

**As of 1st April 2026

*Approximately

Stonebridge’s Strip Retail Investments team is a market leader, with over 30 years of combined experience specialising in the divestment of metropolitan Melbourne strip retail assets.

Property Code: 1581