27-29 Regent Street, Prahran, VIC 3181 | Property Value & History | OnTheHouse
 
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27-29 Regent Street
Prahran VIC 3181

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Property Details for 27-29 Regent St, Prahran

Building Type
Commercial
Local Government
Stonnington
Lot/Plan
1/TP15756

Last Listing description (March 2024)

245 sqm approx. of floor space in the Heart of Prahran - Activity Centre Zoning

Designer warehouse proportions and a bustling Prahran location collaborate to deliver a rare commercial Activity Centre Zone opportunity. Located within walking distance to Chapel Street and High Street shopping, dining precincts and public transport network, with prized off-street parking.

Level 1

* Rental estimate of $33,500 PA + outgoings

* Displays 100m2 (approx) floor area
* Heating/cooling, Jarrah hardwood floors, modern kitchenette and powder facilities providing for a myriad of business enterprises
* Offering a particular focus on naturally lit open plan design. A desirable space for any creative business or any business inspired by the industrial chic setting (STCA)
* Separate entrance
* Ceiling 2.8m x 3.4m high approx

Ground floor (currently tenanted by a gym/fitness studio on 3 year lease)

* Rental estimate of $41,500 PA + 50% outgoings
* Displays 145m2 (approx) floor area
* Unlimited potential for this space
* Mezzanine level, bathroom + shower, heating/cooling connections.
* Separate entrance/roller door
* Ceiling 4.5m high approx

The land offers scope to be redeveloped with future plans (Amendment C276) for public open space adjoining the property, PLEASE SPEAK TO SAM BABALIS for further info.

Trams, trains at the end of the street and 7.3 kilometres to the CBD, with easy access to Monash and Eastern Freeway. 850 metres to Prahran Station, 950 metres to Windsor Station, 550 metres to Greville Street, 1 kilometre to Prahran Market (approximate distances). Close to Albert Park Lake and St Kilda Beach. St Michael's Grammar School and Melbourne High School are close by.

Locations like this are extremely sought-after. Make your next business move into the heart of Prahran!

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Property History for 27-29 Regent St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$1,500,000
13 Nov 2024
  • 04 May 2023
    Listed for Sale Contact Agent
  • 24 Aug 2022
    Listed for Rent $33,500pa +gst +outgoings
  • 29 Jan 2021
    Listed for Rent - Price not available
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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 10,916 properties. Over the last 5 years, Houses in Prahran have seen a 1.02% increase in median value, while Units have seen a 0.08% increase. As at 31 December 2025:

  • The median value for Houses in Prahran is $1,618,142 while the median value for Units is $539,491.
  • Houses have a median rent of $770 while Units have a median rent of $550.
There are currently 33 properties listed for sale, and 20 properties listed for rent in Prahran on OnTheHouse. According to Cotality's data, 626 properties were sold in the past 12 months in Prahran.

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