34/321 Chapel St

Off Market

34/321 Chapel St

Prahran VIC 3181

Apartment

Rowan Bustin, last sold this property on 09 November 2025 after 13 days on market.

Overview

Expressions of Interest Closing Tuesday 25th November at 12pm (Unless Sold Prior)

A Landmark Legacy with Modern Flair Set within the heritage-listed Love & Lewis building, once Prahran's grandest department store, this loft-style warehouse conversion carries all the hallmarks of its era, from soaring proportions to original windows that drench the upper level in natural light. Behind its 1913 façade, history merges brilliantly with a contemporary renovation, designed for those who relish the urban energy of its iconic surroundings. At the entry level, two spacious bedrooms offer versatility and light, including the main with king-sized dimensions and extensive robes, and the second with a walk-in closet. Upstairs, a striking open-plan living zone is defined by polished timber floors and landmark oversized windows framing sweeping views across the east, over the surrounding historic buildings. The kitchen's stainless steel appliances, integrated double-door fridge, scullery, and brand-new dishwasher cater perfectly to relaxed entertaining, while split-system heating and cooling provide year-round liveability. The sense of privacy and scale is matched by the location, metres from Greville Street's cafés and renowned restaurants, Prahran Market, and multiple transport options, including Prahran station nearby. Secure lift access, keypad and intercom entry, and a concealed laundry within the central, sky-lit bathroom enhance daily ease, while the city-edge address offers the best of the area at your doorstep, with every lifestyle convenience wrapped in architectural history. Note: Entry via Wattle Street.

Features

2 bedrooms

1 bathroom

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Prahran over the last 12 months, the estimated median property value of 34/321 Chapel St is $630k.

Median value

$630k

Estimated value range

$455k - $1.12m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Prahran. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 34/321 Chapel St

2025

Sold

Undisclosed

Private Sale/Treaty on 09 Nov 2025 by Rowan Bustin, of RT Edgar Glen Eira

2017

Sold

$576,000

01 Dec 2017 by Michael Tynan, of BigginScott Stonnington

Happy sellers in Prahran

75%

75% 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 36 reviews in Prahran over the last 12 months.

Local market activity for 2 bedroom apartments in Prahran

In the last 12 months, 134 two-bedroom apartments similar to 34/321 Chapel St, have been sold.

This represents a 27% increase in two-bedroom apartments sales when compared to the previous 12 months.

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

(582 reviews)

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James Annett

at Belle Property Armadale

4.9

(204 reviews)

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Alex Wright

at MRE

(20 reviews)

Get a free market appraisal

Walter Summons

at Belle Property Armadale

4.9

(272 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 35 local sales and collected 17 local reviews across the last 12 months.