35-37 Mount StreetPrahran VIC 3181
Property Details for 35-37 Mount St, Prahran
Last Listing description (November 2023)
Aston Commercial is delighted to present 35-37 Mount Street, Prahran for Sale or Lease.
Property Features:
Offered with vacant possession
Ground floor creative studio
First floor open plan creative office
Features polished concrete floors and newly refurbished kitchen and bathroom facilities
Ultimate flexibility to occupy, invest or develop (STCA)
Flexible lease terms available!
Aston Commercial proudly presents 35-37 Mount Street, Prahran. The property offers the best of both worlds with a warehouse fully converted to a creative studio office that is functional, practical and ready for today PLUS the added benefit of development potential with an allowable height limit of up to nine levels.
Situated only moments away from Chapel Street's world-renowned retail and hospitality precinct and directly adjacent to the forthcoming Mount Street Area Masterplan, this prominent landholding offers a unique opportunity to participate in shaping the future of Mount Street and Prahran's most highly anticipated urban development.
The existing improvements encompass a total floor area of 741 sqm*, the building also includes six (6) secure on-site car parks. The property showcases a double height creative studio/warehouse on the ground floor and an open plan creative office on the first floor, featuring an exposed roof, polished concrete floors, newly refurbished kitchen, and bathroom facilities.
With Activity Centre Zoning (ACZ1), 35-37 Mount Street, Prahran offers ultimate flexibility for purchasers seeking to occupy, invest, develop (STCA). The property is also being offered for lease with flexible terms available now!
Please contact Aston Commercial today to arrange your private inspection.
*approx
Property History for 35-37 Mount St, Prahran, VIC 3181
- 14 Dec 2023Sold for $5,307,500
- 06 Sep 2023Listed for Rent - Price not available
- 03 May 2023Listed for Sale Contact Agent
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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 10,546 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.
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