302 Chapel Street, Prahran, VIC 3181 | Commercial for rent | OnTheHouse
 
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FOR SALE / LEASE - POA

302 Chapel Street
Prahran VIC 3181

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 220m2
Land area: 177m2
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BEST CORNER ON CHAPEL STREET - SHOP PLUS 3 BEDROOM DWELLING

RWC Oakleigh are pleased to offer for Sale or Lease 302 Chapel Street Praharan, this 2 storey corner freehold with exposure to one of Melbourne's most iconic streets.
Chapel Street is well known as Melbourne's premier retail strip and entertainment precinct renowned for high end fashion, world class dining & boutique specialty shops.
This 2 storey freehold strategically located on the corner of Chapel Street and Walker street, surrounded by all the very best that Prahran has to offer.
The first floor offers a separate entrance consisting of 105sqm* office space & complemented with high ornate ceilings.
• Land area | 177 sqm*
• Total building area | 220 sqm*
• Including ground floor retail area | 100 sqm*
• Also including first floor office/residence - 3 bedrooms / offices | 120 sqm*
• Airconditioned throughout
• Dual frontage offering corner, exposure plus rear courtyard
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Property Details for 302 Chapel St, Prahran

Building Type
Commercial
Floor Size
220m2
Land Size
177m2
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About Prahran 3181

The size of Prahran is approximately 1.9 square kilometres. It has 8 parks covering nearly 6.3% of total area. The population of Prahran in 2016 was 12982 people. By 2021 the population was 12203 showing a population decline of 6.0% in the area during that time. The predominant age group in Prahran is 30-39 years. Households in Prahran are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Prahran work in a professional occupation.In 2021, 43.60% of the homes in Prahran were owner-occupied compared with 39.30% in 2016.

Prahran has 10,915 properties. Over the last 5 years, Houses in Prahran have seen a -0.75% decrease in median value, while Units have seen a 7.37% increase. As at 31 October 2025:

  • The median value for Houses in Prahran is $1,550,929 while the median value for Units is $554,307.
  • Houses have a median rent of $750 while Units have a median rent of $550.
There are currently 36 properties listed for sale, and 18 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 617 properties were sold in the past 12 months in Prahran.

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George Kelepouris
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Ray White Commercial Oakleigh
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