30-32 Regent Street,
Prahran, VIC 3181
Development Sites & Land
Key property information
Land area
Map of 30-32 Regent Street
Whole Residential Building in Prahran with Strategic Upside
- Strata building comprising 10 Apartments
- Flexible Investment
- Prahran has proven high rental demand
30-32 Regent Street, Prahran is being offered for Private Sale at $5.25m.
Colliers is pleased to present 30-32 Regent Street, Prahran, a secure whole building residential investment in central Prahran. Comprising a mixed-use strata building of 10 modern apartments and 2 ground floor retail shops.
Sitting opposite a brand-new development and revitalised streetscape, this building sits on 292sqm of land, with dual street frontages to both Regent and Bangs Streets, and offers an incredible investment opportunity for a savvy buyer looking to capitalise on the prime location and a proven rental market.
This investment appeal is strengthened with further upside flexibility for a value-add investor to improve the property in the short term to boost returns, while also offering an immediate sell-down exit strategy via the existing Plan of Subdivision.
Nestled in the heart of the true Chapel Street precinct of Prahran, with the iconic street only a short 300m* walk from the building and its proximity to Victoria Gardens, other parks, supermarkets, an abundance of bars, cafes, dining institutions create the ultimate lifestyle location. The Avenue and The Alfred medical precincts, as well as other stable employment areas via the multiple public transport options; conveniently serviced by three tramlines within 500m (6, 72 & 78) and Prahran Train Station.
These locational fundamentals ensure strong tenure and stable income for this Asset.
Key highlights include:
- Strata building comprising 10 Apartments & 2 Ground Floor Retail/ Commercial spaces
- Amazing Penthouse apartment with panoramic views
- Flexible Investment with value-add and sell-down opportunity
- Prahran has proven high rental demand
- 30-32 Regent Street has scope for income uplift
For further information, please contact the selling agents at Colliers.
Jozef Dickinson
+61 402 678 8...
Philip Heberling
+61 448 955 2...
*Approximately
** Net Saleable Area Approximation
^STCA
Colliers is pleased to present 30-32 Regent Street, Prahran, a secure whole building residential investment in central Prahran. Comprising a mixed-use strata building of 10 modern apartments and 2 ground floor retail shops.
Sitting opposite a brand-new development and revitalised streetscape, this building sits on 292sqm of land, with dual street frontages to both Regent and Bangs Streets, and offers an incredible investment opportunity for a savvy buyer looking to capitalise on the prime location and a proven rental market.
This investment appeal is strengthened with further upside flexibility for a value-add investor to improve the property in the short term to boost returns, while also offering an immediate sell-down exit strategy via the existing Plan of Subdivision.
Nestled in the heart of the true Chapel Street precinct of Prahran, with the iconic street only a short 300m* walk from the building and its proximity to Victoria Gardens, other parks, supermarkets, an abundance of bars, cafes, dining institutions create the ultimate lifestyle location. The Avenue and The Alfred medical precincts, as well as other stable employment areas via the multiple public transport options; conveniently serviced by three tramlines within 500m (6, 72 & 78) and Prahran Train Station.
These locational fundamentals ensure strong tenure and stable income for this Asset.
Key highlights include:
- Strata building comprising 10 Apartments & 2 Ground Floor Retail/ Commercial spaces
- Amazing Penthouse apartment with panoramic views
- Flexible Investment with value-add and sell-down opportunity
- Prahran has proven high rental demand
- 30-32 Regent Street has scope for income uplift
For further information, please contact the selling agents at Colliers.
Jozef Dickinson
+61 402 678 8...
Philip Heberling
+61 448 955 2...
*Approximately
** Net Saleable Area Approximation
^STCA
Prahran, 3181 demographic data
The median household income for Prahran is $2,121, 12% higher than Greater Melbourne's household income of $1,901. Prahran has a younger age profile compared to the rest of Greater Melbourne (median age 34 vs 37). Property ownership data shows 53% of property owners in Prahran have a mortgage.
12,203
Population
$2,121 per week
Median household income
34 years
Median age
Renters
Most residents
Singles
Most households
30-32 Regent Street
Prahran, VIC 3181
Colliers - MelbourneLevel 30, 367 Collins Street
MELBOURNE, VIC 3000
MELBOURNE, VIC 3000
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