224 Malvern Rd, Prahran is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 129m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last transferred in September 2009.
This refurbished building is suited to residence + shopfront ideal for retail or consulting suites whilst you live upstairs.
Just footsteps away from Chapel St, this property could give you the ultimate 'work hard, play hard' lifestyle, giving you landmark street frontage and premier lifestyle location at a low cost.
Approx 150m2 of Building plus rear land/carport area.
Ground floor contains an open reception/shopfront with adjoining room, kitchen and courtyard access.
Upstairs has multiple rooms and a modern bathroom.
RENT: $55,000 per year including GST
BILLBOARD: Option to lease Large exterior billboard with premises for $700 per month plus GST.
PLEASE NOTE: This building will be leased under a commercial retail lease. No option for residence only.
VIEWING TIMES are subject to cancellation/change 3 hours prior to the open for inspection.
We advise that you check the listing on the day, to ensure that the property is still available prior to inspection to avoid disappointment.
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 10,921 properties. Over the last 5 years, Houses in Prahran have seen a -9.89% decrease in median value, while Units have seen a 1.31% increase. As at 31 March 2026:
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