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
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!
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 10,920 properties. Over the last 5 years, Houses in Prahran have seen a -3.13% decrease in median value, while Units have seen a 2.52% increase. As at 28 February 2026:
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