- Two interconnected properties totalling 2,731sqm* of net lettable area
- 229 Chapel Street forms part of the four-level historic building known as the Colosseum which was originally built in 1914 and is being offered for sale for the first time since 1992
- The buildings are fully leased to Revolver Lane; Melbournes most unique co-working space and Revolver Upstairs; one of Melbournes most frequented bars, restaurants and night club with a rare 24-hour liquor licence
A 100% freehold interest in 229 Chapel Street & 24 Macquarie Street is being offered for sale by private sale via the exclusive sales agents.
*Approximately
Marcus Neill
+61 452 405 782
Lukas Byrns
+61 423 791 126
This Liveability Score is a rating "out of 10" and a guide to how well connected properties within a local area are to facilities such as public transport, healthcare services, shopping outlets, schools and parkland. The scores apply to the local area (or "mesh block") in which a property is located. The scores are largely comprised of 2 main elements:
The overall Liveability Score is made up of smaller sub-scores, as described below.
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 2011 was 11,191 people. By 2016 the population was 12,985 showing a population growth of 16.0% in the area during that time. The predominant age group in Prahran is 20-29 years. Households in Prahran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prahran work in a professional occupation. In 2011, 42.7% of the homes in Prahran were owner-occupied compared with 39.3% in 2016.
Prahran has 10,685 properties. Over the last 5 years, Houses in Prahran have seen a 1.84% increase in median value, while Units have seen a -7.84% decrease. As at 30 April 2025:
24 Macquarie St, Prahran is in the school catchment zone for Prahran High School and Windsor Primary School.
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Population 12,985
0-9
6%
10-19
5%
20-29
27%
30-39
25%
40-49
12%
50-59
9%
60-69
7%
70-79
5%
80-89
3%
90-99
1%