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27 St Edmonds Road, Prahran VIC 3181

Expressions Of Interest $2,500,000 - $2,750,000

Search Band Search Visibility Band

$2.5M - $2.6M High Confidence Calculated based on strong search observations.

Townhouse 3 Beds 2 Baths 2 Cars 250 m²

Listed: 10 days ago

Overview

Located in a coveted part of Prahran, this four-level freehold townhouse combines versatile commercial and residential use, offering a unique investment and lifestyle opportunity. The property encompasses two commercial tenancies alongside an executive two-level residence, all fully leased, creating a reliable income stream and future flexibility.

Spanning approximately 250 square metres of land, the building is situated within the Activity Centre Zone – Schedule 1 (ACZ1), which provides opportunities for modern mixed-use development. The commercial spaces benefit from natural light, quality finishes, and city views balanced with north-facing aspects that flood the residence with ambient daylight.

Three well-sized bedrooms with state-of-the-art finishes.
Two bathrooms designed for both convenience and style.
Secure parking for two vehicles, enhancing accessibility.
Idyllic location between High Street and Greville Street, close to Chapel Street and Prahran Square, offering extensive dining, shopping, and lifestyle amenities.

This property is ideal for owner-occupiers seeking integration of work and home or savvy investors looking for a high-yield, mixed-use asset in a vibrant urban hub. The blend of residential comfort, commercial utility, and location quality presents a compelling lifestyle and financial package in one of Melbourne’s most sought-after suburbs.

Local Market Insights

In Prahran, Quiet Listings observed 3 new townhouses entering the market over the last 30 days, up from 1 during the previous 30-day period, with an average advertised asking price of $1,638,333. The property type mix of listed properties is predominantly Apartments at 50%, followed by houses (29%), and townhouses (12%). The most active agency for townhouses in the Prahran area is currently Jellis Craig, representing 67% of new listings, followed by Belle Property with 33%. 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.