Development Opportunity or Investment in a Prized Location

Occupying a superb 673sqm (approx.) north-facing allotment in a desirable tree-lined pocket, offering a brilliant development opportunity with approved plans and permits to build 9 luxury apartments. This charming block of 4 generous Art-Deco apartments' offered on one title, represents a myriad of rewarding investment opportunities. An ideal long-term investment as it is, the character rich apartments also offer scope to easily refurbish.

All featuring original timber floors and details and in comfortable order, the two rear apartments each comprise two spacious bedrooms, living rooms, spacious kitchens and bathrooms. The two front apartments each include a study or 3rd bedroom. There is a 4 car garage and additional car-parking spaces to the rear.

A once in a lifetime opportunity in a location that is walking distance to Orrong Park, schools and High St shops, cafes and trams.

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Welcome to Prahran 3181

  • Median House Price

    $1,705,000

  • 2 Bedrooms

    $1,417,250

  • 3 Bedrooms

    $1,762,750

  • 4 Bedrooms

    $2,710,500

Just 5 kilometres southeast of Melbourne's CBD, Prahran is an eclectic suburb known for its fashionable boutiques, thriving cafe culture, and dynamic nightlife.

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