5/1 Grattan StreetPrahran VIC 3181
Property Details for 5/1 Grattan St, Prahran
Last Listing description (April 2026)
An exceptional opportunity to secure a fully self-contained first-floor office in one of Prahran’s most vibrant commercial precincts.
Occupying approximately 60 m², this light-filled, open-plan workspace is ready to move straight in. Featuring polished timber floors, split-system air conditioning and heating, and a private balcony, the space offers the perfect balance of professionalism and comfort.
A kitchenette and bathroom are included within the tenancy, along with one secure on-site car space, ensuring complete convenience for staff or clients.
Positioned just a short stroll from Chapel Street, Greville Street, High Street, and Prahran Market, this location provides unbeatable access to cafes, retail, and public transport.
Key Features:
Approx. 60 m² of open-plan office space
Private balcony – ideal breakout or meeting space
Polished timber floors throughout
Heating and cooling for year-round comfort
Kitchenette and bathroom within the suite
One secure car park on title
Walk to Chapel St, Greville St & Prahran Market
Ideal for those upsizing, downsizing, or seeking a high-quality Prahran office
Property History for 5/1 Grattan St, Prahran, VIC 3181
- 16 Apr 2026Sold
- 03 Mar 2026Listed for Sale $385,000
- 20 Nov 2025Listed for Sale $385,000
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 10,921 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:
- The median value for Houses in Prahran is $1,584,132 while the median value for Units is $549,998.
- Houses have a median rent of $920 while Units have a median rent of $575.
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