27 St Edmonds Road, Prahran, Vic 3181

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

Townhouse
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Published on Friday, October 23, 2026 ( See property details for 27 St Edmonds Road, Prahran, Vic 3181)

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

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A versatile, fully leased freehold property in Prahran offering commercial and residential spaces with exceptional amenities and income potential.

🏡 Property Highlights

  • Fully leased freehold building with commercial and residential components
  • Prime location in highly sought-after Prahran, close to retail and lifestyle amenities
  • Impressive three-bedroom, two-bathroom residence with city views and secure lift access
  • Commercial spaces with quality finishes, natural light, and private courtyard
  • Onsite car parking and excellent connectivity to Chapel Street and Prahran Square
  • Established income stream of over $140,000 annually with flexible owner-occupier options

✨ Key Features

  • Balcony
  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Secure Parking
  • Waterfront / Views
  • Elevator
  • High energy efficiency
  • Water tank
  • Fully fenced

Prahran is a vibrant Melbourne suburb renowned for its eclectic retail precincts, lively dining scene, and cultural attractions. It offers excellent connectivity to the CBD and surrounding areas, making it ideal for both lifestyle and investment. The area features a mix of historic and modern properties, with a strong community vibe and access to parks and public transport. Prahran’s dynamic atmosphere attracts a diverse demographic, ensuring sustained demand for quality properties. Its proximity to major shopping, entertainment, and lifestyle hubs makes it one of Melbourne’s most desirable suburbs.

What are the current lease terms and rental income for the commercial and residential spaces?
The property is currently leased across all three tenancies, generating an established income stream of $140,245.45 annually.
Can the owner occupy either the commercial or residential component in the future?
Yes, the property offers flexibility for future owner-occupiers to choose either the commercial or residential spaces.
What are the zoning details and potential development opportunities?
The property is situated within the Activity Centre Zone – Schedule 1 (ACZ1), which may offer various development or usage options subject to council approval.
Are there any restrictions or covenants associated with the property?
Details regarding restrictions or covenants are not specified; potential buyers should conduct due diligence with local authorities.
What amenities and transport options are available nearby?
The property is conveniently located between High Street and Greville Street, with excellent connectivity to Chapel Street, Prahran Square, and nearby retail, dining, and lifestyle amenities.
Are there any upcoming planning or development applications in the vicinity that could impact the property? What are the strata or body corporate fees if applicable? Are there any known structural issues or defects with the building? Is there any history of flooding or bushfire risk in the area? Are there any easements or zoning restrictions that could limit future use or development?

27 St Edmonds Road, Prahran, Vic 3181 - More Details

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

Expressions of Interest closing Wednesday 25th November at 3pm

Positioned in a highly sought-after pocket of Prahran, 27 St Edmonds Road presents a rare opportunity to acquire a versatile, fully leased freehold building comprising two commercial tenancies and an executive two-level residence. Spanning four levels and situated within the Activity Centre Zone – Schedule 1 (ACZ1), the property offers a total commercial building area of approximately 250sqm, complemented by an impressive three-bedroom, two-bathroom residence featuring a state-of-the-art kitchen with quality finishes throughout, secure lift access and an expansive north-facing balcony capturing city views. The commercial spaces are enhanced by quality finishes, excellent natural light and a private courtyard, while onsite car parking adds further convenience. Ideally located between High Street and Greville Street, the property enjoys excellent connectivity to Chapel Street, Prahran Square and the surrounding retail, dining and lifestyle amenities, with the Prahran Square car park approximately 100 metres away. Currently leased across all three tenancies, the property provides an established income stream of $140,245.45, with flexibility for future owner-occupiers to occupy either the commercial or residential component. This unique offering presents an outstanding range of opportunities for investors and owner-occupiers alike. Listed in conjunction with Charles Carty from Belle Property Commercial.
Type
Townhouse
Bedrooms
3
Bathrooms
2
Parkings
2

Price guide

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Map & nearby places — 27 St Edmonds Road, Prahran, Vic 3181

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

Other schools nearby

Schools within about 5 km that have no enrolment zone, such as Catholic, independent, special and selective schools.

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