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20/82 Grey Street, Prahran VIC 3182

$275,000

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$275k - $289k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 1 Bath 1 Car

Listed: 9 hours ago

Overview

This studio apartment is a standout opportunity on tightly held Grey Street, offering a blend of convenience and functionality seldom found at this price point.

Located within a secure boutique building, the property features a rare secure on-site car space, a crucial asset in this vibrant bayside precinct where parking is prized highly. The apartment’s open-plan layout cleverly combines living and sleeping spaces into a bright, manageable area, illuminated by natural light which enhances the sense of openness.

The compact kitchenette supports everyday cooking needs without complicating upkeep, while a private bathroom complements this simple yet practical floorplan. The apartment is sold fully furnished or unfurnished, allowing for flexibility and immediate occupation, with tenants currently in place but vacant possession available for an owner-occupier purchaser, creating an effortless transition.

The appeal of this apartment is amplified by its enviable position. Within easy walking distance of iconic local attractions including Fitzroy Street’s cafés, St Kilda Beach, Luna Park, and excellent tram connections direct to Melbourne’s CBD, this property suits those seeking a low-maintenance, lock-up-and-leave lifestyle or a savvy first-home purchase or downsizing option.

Rare inclusion of secure parking in a premium bayside location
Open, light-filled living area designed for ease of day-to-day living
Turnkey condition with all furnishings and soft furnishings included
Situated in a blue-chip location with enduring lifestyle appeal

This apartment offers a genuine gateway into one of Melbourne's most enduring and vibrant neighborhoods — combining lifestyle convenience with a smart property investment or personal home.

Local Market Insights

In Prahran, Quiet Listings observed 44 new apartments entering the market over the last 30 days, up from 38 during the previous 30-day period, with an average advertised asking price of $850,455. The property type mix of listed properties is predominantly Apartments at 85%, followed by houses (10%), and commercial properties (4%). The most active agency for apartments in the Prahran area is currently Belle Property, representing 32% of new listings, followed by Buxton Real Estate Group with 16%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.