52 Commercial Road, Prahran, VIC 3181

Offices | Retail | Showrooms

Sold

  • Property ID: 430401
  • Floor Area: 335m²
  • Land Area: 455m²
Sold / Leased Results

Name Result Date Floor Land Result Price
Total Sold 01/06/2023 335m2 455m2 Contact Agent
RARE WAREHOUSE STYLE PRAHRAN COMMERCIAL BUILDING

Conjunctional agents Vinci Carbone and Colliers are delighted to offer 52 Commercial Road, Prahran for sale.

A refurbished single level, freehold title commercial property that is configured as a blank canvas well suited to accommodate a variety of uses (STCA) and is offered for sale with vacant possession allowing all purchasing profiles to participate. The property has exceptional exposure and prominence to Commercial Road with four (4) off-street car parking provided via rear access.

The property has exceptional exposure and prominence to Commercial Road nestled amongst some of Melbourne’s greatest amenity with ease of access to major road arterials, multiple public transports nodes, plethora of retail amenity that includes Prahran Market, Chapel Street and Greville Street. One of the most vibrant and attractive business destinations within the City of Stonnington, 5 kilometres* south-east of the Melbourne CBD.

Key highlights include:

Trophy asset of 335 sqm* with prominent frontage to Commercial Road, Prahran, one of the most vibrant and attractive business destinations in the City of Stonnington
Offered with vacant possession providing maximum flexibility to all purchasing profiles
Large land holding of 455 sqm*
Highly sought-after character design features such as exposed brickwork, high pitched roof with exposed timber beams and polished concrete floors
Rare off-street parking which can accommodate four (4) cars
Underpinned by residential redevelopment given favourable Residential Growth 1 Zoning
Strong catchment of high disposable income residents as well as employees from The Alfred Hospital nearby
Surrounded by a variety of high-profile national occupiers including Officeworks, Petbarn and Volkswagen

For Private Sale

Additional Information
Features
  • Car Spaces: 4
Prahran Suburb Profile

Average Advertised Price
Property Type Price (m²) Rent (m²/p.a.) Yield
Industrial $3745 $284 7.57%
Offices $8092 $509 6.29%
Retail $10265 $399 3.88%
This is the average advertised price, rent and yield for Prahran, VIC 3181*

Days on Market
Time between initial ad placement and the listing’s withdrawal

Days on Market data for Offices in VIC for Sale

The spread of Days on Market is summarised into 4 time-bands (or quartiles) for each segment.
Understanding market expectations is skewed towards examining changes in the shortest duration quartile (fastest 25%)

Transactions per Month

* Excludes, where applicable, GST, outgoings and incentives. Values calculated based on the prices advertised by the agencies that list their properties on Commercial Property Guide.

Property Detail Notes:

  • 3rd Party Content - The information displayed on this page is supplied by registered real estate agents and other third parties. For questions regarding the information that appears here please contact the agent that is listed.
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