1-16/325 Dandenong Road

Off Market

1-16/325 Dandenong Road

Prahran VIC 3181

2185 m²

Block of units

Grant Samuel, last sold this property on 12 June 2026 after 37 days on market.

Overview

Blue-chip land opportunity in premier lifestyle pocket

Delivering immediate income with exceptional future upside, this magnificent 2,185 sqm (approx.) landholding presents a remarkable opportunity in a prime position. Currently home to three apartment blocks collectively housing 16 apartments and 41 bedrooms, each with off-street parking, the property offers strong rental returns alongside outstanding scope to enhance, reposition or redevelop (STCA). An enticing prospect for investors, land bankers or developers alike, the possibilities here are as exciting as they are extensive. Set amid established leafy gardens, the front building, Kelvin Mansions, is set back from the street and showcases magnificent Arts and Crafts and revival style influences of the interwar period. The three-level block comprises six generous two to three-bedroom apartments, each defined by high ceilings, decorative cornices and ceilings, ornamental detail throughout and spacious living and dining domains with well-appointed kitchens. At the rear, accessed via Karbarook Avenue, a second modified Interwar building offers four substantial three-bedroom apartments, each enriched by bay windows, decorative cornices and ceilings, original fireplaces and similarly generous proportions. Centrally positioned and completing the impressive mix of accommodation lies a more contemporary block comprises six spacious two-bedroom apartments with open-plan living. Moments from Chapel Street, High Street, Glenferrie Road, Hawksburn Village and Prahran Market, and close to trams, buses, Armadale Station, Cabrini Hospital and Monash University's Caulfield campus, this is a rare opportunity to secure a substantial landholding with immediate income and exceptional long-term potential.

Features

30 bedrooms

16 bathrooms

16 carspaces

2185 m² lot size

Block of units

Estimated Value

We need at least 3 similar 30 bedroom block of units sold in Prahran over the last 12 months.

Property history for 1-16/325 Dandenong Road

2026

Sold

Undisclosed

Private Sale/Treaty on 12 Jun 2026 by Grant Samuel, of Kay & Burton Stonnington

Happy sellers in Prahran

79%

79% of sellers in Prahran reported that their sale price either exceeded or met their price expectations.

Prahran stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 30 reviews in Prahran over the last 12 months.

Local market activity for 30 bedroom block of units in Prahran

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Prahran for a free market appraisal.

Lauchlan Waterfield

at Belle Property Armadale

4.9

(586 reviews)

Get a free market appraisal

James Annett

at Belle Property Armadale

4.9

(206 reviews)

Get a free market appraisal

Alex Wright

at MRE

(20 reviews)

Get a free market appraisal

Walter Summons

at Belle Property Armadale

4.9

(278 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Prahran

Lauchlan Waterfield

Lauchlan Waterfield is an award winning recommended agent for Prahran. They have 32 local sales and collected 13 local reviews across the last 12 months.