12 Macquarie StreetPrahran VIC 3181
Property Details for 12 Macquarie St, Prahran
Last Listing description (July 2025)
Prime Retail Investment in the Heart of Prahran. Positioned in one of Melbourne's most vibrant lifestyle precincts, this outstanding 33m²* retail shopfront at 12 Macquarie Street, Prahran offers a secure and long-term investment opportunity.
Currently leased to Compton Hair on a 3-year lease commencing 13th January 2025, the property also includes 4 additional 3-year options, offering strong income continuity for years to come. With fixed 4% annual rental increases, this is an ideal addition to any investment portfolio or self-managed super fund.
Set just steps from Chapel Street and High Street, the property is surrounded by bustling cafes, boutique retail, and excellent transport connectivity also with one car park as part of the property.
Features Include:
* 33m²* retail space in blue-chip Prahran location
* Leased to Compton Hair from January 2025
* 3-year lease with 4 x 3-year renewal options
* 4% fixed annual rental increases
* High-visibility street frontage
* Ideal for passive investors or SMSF buyers
* Moments to Chapel Street, trains, trams & cafes
Secure your slice of Prahran's high-performing retail scene today!
Contact us now for further details or to arrange an inspection.
Property History for 12 Macquarie St, Prahran, VIC 3181
- 04 Jul 2025Sold for $250,000
- 05 Jun 2025Listed for Sale Contact Agent
- 01 Oct 2024Listed for Rent $550 / week
Recent sales nearby
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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 10,913 properties. Over the last 5 years, Houses in Prahran have seen a -8.01% decrease in median value, while Units have seen a 6.77% increase. As at 30 November 2025:
- The median value for Houses in Prahran is $1,471,621 while the median value for Units is $548,087.
- Houses have a median rent of $750 while Units have a median rent of $550.
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