SOLD
Sold on 11 Jul 2024 for $350,000

3/29 Grattan Street
Prahran VIC 3181

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 56m2
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Property Details for 3/29 Grattan St, Prahran

Building Type
Commercial
Year Built
2005
Floor Size
56m2
Local Government
Stonnington
Lot/Plan
3/PS508622

Last Listing description (November 2023)

POINT OF INTEREST:

Yes, that Grattan Street the one in between Commercial Road, Chapel Street, and Punt Road. Making this Prahrans premier office suite with both buying and leasing on the table. The fully self-contained workplace has a balcony, secure entrance, and ample natural light, but the most prized feature within a postcode like this is the off-street parking included within the package. Moreover, theres a kitchenette, bathroom, and reverse cycle air conditioning, but well bet youre likely to be out for lunch. Because across the road sits Hu Tong Dumplings, some of the best in Melbourne, as well as Atlas Dining, a myriad of bars, and the Prahran Market just a short walk away. Not to mention Chapel Streets retail and supermarket amenities, the 72-tram, and Prahran railway station are all on your block and Punt Roads nearby for when youre behind four wheels.


- 61 sqm* in office area.
- Additional 3 sqm* balcony.
- Activity centre 1 zoning.
- Secure off-street car parking.
- Bathroom and kitchen facilities.
- Reverse-cycle air conditioning and a balcony.
- 200 m* to Chapel Street.
- 200 m* to Prahran railway station.
- 580 m* to Punt Road.

POINT OF VIEW:

The two hardest things to secure in Prahran: Flexible office space, and a car park longer than 2 hours. Both are as valuable as each other, making this the 2-for-1 deal rivalling the Hu Tong Wednesday special.

*Approx.
Pricing excludes GST

Property History for 3/29 Grattan St, Prahran, VIC 3181

A timeline of how this property has performed in the market
Last Sold
$350,000
11 Jul 2024
Listed for Rent
$24k/w
26 Sep 2023
  • 11 Jul 2024
    Sold for $350,000
  • 25 Sep 2023
    Listed for Sale Contact Agent
  • 27 Sep 2019
    Listed for Rent - Price not available
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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 2011 was 11,191 people. By 2016 the population was 12,985 showing a population growth of 16.0% in the area during that time. The predominant age group in Prahran is 20-29 years. Households in Prahran are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Prahran work in a professional occupation. In 2011, 42.7% of the homes in Prahran were owner-occupied compared with 39.3% in 2016.

Prahran has 10,558 properties. Over the last 5 years, Houses in Prahran have seen a 10.60% increase in median value, while Units have seen a 5.10% increase. As at 31 October 2024:

  • The median value for Houses in Prahran is $1,718,651 while the median value for Units is $555,773.
  • Houses have a median rent of $760 while Units have a median rent of $525.
There are currently 31 properties listed for sale, and 15 properties listed for rent in Prahran on OnTheHouse. According to CoreLogic's data, 484 properties were sold in the past 12 months in Prahran.

Suburb Insights for Prahran 3181

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.