Parking in Prahran is a daily battle. Most apartments in this building don't have one. This does. Whether you're a savvy investor seeking reliable yield with built-in tenant retention, or a parent securing a parking-enabled base for university years, this apartment delivers where others fall short. Located steps from Chapel Street cafés, restaurants, boutique shops, and Prahran Station, this 1-bedroom, 1-bathroom apartment sits at the heart of one of Melbourne's most in-demand rental precincts — and it comes with the one feature most tenants won't compromise on. Property Highlights:
✅ Strong 8.5% ROI in a proven high-demand rental corridor
✅ Secure Carpark — rare in this building
✅ Carpark monetisation potential: lease separately for an additional $1,500–$2,000pa
✅ Modern kitchen & open-plan living
✅ Split system A/C (reverse heating & cooling)
✅ Access to communal laundry and bike storage
✅ 90-second walk to Prahran Station & multiple tram routes **INSPECTIONS BY APPOINTMENT ONLY In Prahran, tenants who find a carpark don't leave. That's not a lifestyle perk — that's vacancy insurance. This is a low-friction, high-retention investment in a suburb that continues to grow in value. The yield is solid. The carpark is the edge.
Contact Sean Cho on 0435 944 942 to arrange a private inspection or discuss the investment strategy.
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