512/87 High Street, Prahran, Vic 3181

$320,000 - $350,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Monday, June 15, 2026 ( See property details for 512/87 High Street, Prahran, Vic 3181)

$320,000 - $350,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A contemporary one-bedroom apartment in Prahran offering stunning CBD views, modern amenities, and excellent lifestyle convenience.

🏡 Property Highlights

  • Impressive views of Melbourne CBD from a spacious balcony
  • Modern one-bedroom apartment with sleek design finishes
  • Prime location just minutes from Chapel Street and Prahran Station
  • Open-plan living and dining area for versatile lifestyle
  • Secure building with video intercom access
  • Excellent investment opportunity with a month-to-month lease

✨ Key Features

  • Built-in Robes
  • Dishwasher
  • Outdoor Area / Balcony
  • Open-Plan Living
  • Security Screens / Gates
  • Split-System Heating and Cooling
  • Internal Laundry
  • Garage / Secure Parking
  • Waterfront / Views
  • Extra Storage (Shed/Linen)

Prahran is a vibrant Melbourne suburb renowned for its lively café culture, boutique shopping, and excellent public transport links. It offers a dynamic lifestyle with easy access to Melbourne’s CBD, trendy restaurants, and entertainment venues. The area boasts a mix of modern apartments and historic charm, making it ideal for professionals and investors alike. Prahran’s walkability and community atmosphere make it one of Melbourne’s most sought-after locations.

What are the monthly costs associated with owning this apartment?
The approximate monthly costs include Owners Corporation fees of $733.13 per quarter, council rates of $204.65 per quarter, and water rates of $176.08 per quarter.
Is the apartment suitable for year-round living?
Yes, the apartment features split-system heating and cooling, ensuring comfort throughout all seasons.
What amenities are available within the building?
The building offers secure video intercom access and a large storage cage for added convenience.
Can I rent out the property easily?
Yes, the property currently has a month-to-month lease in place, making it a flexible investment option.
What are the views from the balcony?
The balcony offers impressive views of Melbourne’s CBD, providing a scenic outlook and outdoor space for relaxation.
Are there any upcoming maintenance or renovation works scheduled within the Owners Corporation that could affect fees or access? Has the property been inspected for any structural issues or defects? Are there any restrictions or easements affecting the use of the balcony or internal spaces? Is the apartment compliant with all building codes and regulations? Are there any planned developments or zoning changes in the vicinity that could impact the property’s value or lifestyle? What are the long-term costs associated with the Owners Corporation fees? Is there any history of flooding or bushfire risk in the area? Are there any restrictions on leasing or subletting the property? What is the history of the property’s maintenance and repairs? Are there any nearby construction projects that could cause noise or disruption?

512/87 High Street, Prahran, Vic 3181 - More Details

$320,000 - $350,000

Type
Apartment
Bedrooms
1
Bathrooms
1

Price guide

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