1/325 Dandenong RoadPrahran VIC 3181
Property Details for 1/325 Dandenong Rd, Prahran
1/325 Dandenong Rd, Prahran is a 3 bedroom, 16 bathroom Unit with 1 parking spaces. The property has a land size of 2185m2 and floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom Unit sold in Prahran in the last 12 months.
Last Listing description (June 2026)
Delivering immediate income with exceptional future upside, this magnificent 2,185 sqm (approx.) landholding presents a remarkable opportunity in a prime position.
Currently home to three apartment blocks collectively housing 16 apartments and 41 bedrooms, each with off-street parking, the property offers strong rental returns alongside outstanding scope to enhance, reposition or redevelop (STCA). An enticing prospect for investors, land bankers or developers alike, the possibilities here are as exciting as they are extensive.
Set amid established leafy gardens, the front building, Kelvin Mansions, is set back from the street and showcases magnificent Arts and Crafts and revival style influences of the interwar period. The three-level block comprises six generous two to three-bedroom apartments, each defined by high ceilings, decorative cornices and ceilings, ornamental detail throughout and spacious living and dining domains with well-appointed kitchens.
At the rear, accessed via Karbarook Avenue, a second modified Interwar building offers four substantial three-bedroom apartments, each enriched by bay windows, decorative cornices and ceilings, original fireplaces and similarly generous proportions.
Centrally positioned and completing the impressive mix of accommodation lies a more contemporary block comprises six spacious two-bedroom apartments with open-plan living.
Moments from Chapel Street, High Street, Glenferrie Road, Hawksburn Village and Prahran Market, and close to trams, buses, Armadale Station, Cabrini Hospital and Monash Universitys Caulfield campus, this is a rare opportunity to secure a substantial landholding with immediate income and exceptional long-term potential.
Property History for 1/325 Dandenong Rd, Prahran, VIC 3181
- 12 Jun 2026Sold
- 05 May 2026Listed for Sale Expressions of interest
- 29 Jul 2020Listed for Rent $490 / week
Recent sales nearby
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About Prahran 3181
The size of Prahran is approximately 1.9 square kilometres. There are 8 parks, covering nearly 6.3% of the 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 11,114 properties. Over the last 5 years, Houses in Prahran have seen a -8.85% decrease in median value, while Units have seen a -2.97% decrease. As at 31 May 2026:
- The median value for Houses in Prahran is $1,625,656 while the median value for Units is $537,811.
- Houses have a median rent of $920 while Units have a median rent of $580.
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