52 Commercial RoadPrahran VIC 3181
Property Details for 52 Commercial Rd, Prahran
Last Listing description (May 2023)
Conjunctional agents Colliers and Vinci Carbone are delighted to offer 52 Commercial Road, Prahran for private sale.
The refurbished warehouse style building has exceptional exposure and prominence to Commercial Road nestled amongst some of Melbourne's greatest amenity with ease of access to major road arterials, multiple public transports nodes, plethora of retail amenity that includes Prahran Market, Chapel Street and Greville Street. One of the most vibrant and attractive business destinations within the City of Stonnington, approximately 5 kilometres south-east of the Melbourne CBD.
Key highlights include:
Trophy asset with prominent frontage to Commercial Road, Prahran, one of the most vibrant and attractive business destinations in the City of Stonnington
Offered with vacant possession providing maximum flexibility to all purchasing profiles
Large land holding of 455m (approx.)
Highly sought-after character building of 335m (approx.) featuring exposed brickwork, high pitched roof with exposed timber beams and polished concrete floors (approx.)
Rare off-street parking which can accommodate four (4) cars
Immediate proximity to some of Melbourne's best hospitality venues including L'Hotel Gitan, Tall Timber, The Alps Wine Bar, The Osborne Rooftop & Bar, The Emerson Rooftop & Bar, College Lawn Hotel & Entrecote
Underpinned by future residential redevelopment potential given favourable Residential Growth 1 Zoning
Strong catchment of high disposable income residents as well as employees from The Alfred Hospital nearby
Surrounded by a variety of high-profile national occupiers including Officeworks, Petbarn and Volkswagen
Property History for 52 Commercial Rd, Prahran, VIC 3181
- 29 May 2023Sold for $2,900,000
- 28 Apr 2023Listed for Sale Please contact agent
- 29 Mar 2022Listed for Rent - Price not available
Recent sales nearby
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0About 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 10,913 properties. Over the last 5 years, Houses in Prahran have seen a -8.01% decrease in median value, while Units have seen a 6.77% increase. As at 30 November 2025:
- The median value for Houses in Prahran is $1,471,621 while the median value for Units is $548,087.
- Houses have a median rent of $750 while Units have a median rent of $550.
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