44/321 Chapel Street

Off Market

44/321 Chapel Street

Prahran VIC 3181

Apartment

Last sold for $599,000

Sahil Bhasin, last sold this property on 05 March 2026 after 10 days on market.

Overview

Brooklyn-Style Heritage Loft with 3m Cathedral Ceilings in Iconic Chapel Street Locale

A true Brooklyn-style loft set within a character-rich heritage building in one of Melbourne's most iconic lifestyle precincts, this residence delivers raw industrial charm with soaring three-metre cathedral ceilings, striking architectural scale and an unmistakably artistic edge. Bold, creative and completely unique, it's the kind of home that makes an immediate impression. Natural light pours through Cathedral windows, with an east-facing orientation welcoming beautiful morning sun into the master bedroom and living zones, while afternoon light warms the kitchen and expansive lounge. Operable windows enhance airflow, adding to the authentic loft feel and ensuring year-round comfort. The flexible floorplan offers two bedrooms plus a dedicated study area, ideal for professionals or those working from home. The oversized master bedroom is a true retreat, complete with generous robe space and excellent storage. The expansive living and dining domain is designed for entertaining, seamlessly connecting to a well-appointed kitchen with ample preparation space and room for a full dining setting or island bench. The proportions throughout are impressive, balancing openness with functionality. The bathroom is beautifully appointed with a double vanity, frameless shower and excellent storage, while a full laundry with trough and additional cabinetry adds rare practicality for apartment living. Situated on the fourth floor, the home offers elevation, privacy and a spacious feel that complements its striking architectural character. Step outside and you're immersed in the very best of Chapel Street living, with cafés, restaurants, wine bars and boutique shopping at your doorstep. With Coles across the road, Prahran Market moments away, and easy access to Toorak Village, the Yarra River trails and the CBD, this is inner-city living without compromise. This is more than an apartment , it's a heritage loft with soul, style and serious presence. Sahil Bhasin 0403 630 215

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 44/321 Chapel Street 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 44/321 Chapel Street

2026

Rented

Undisclosed

Leased on 18 Mar 2026 by Bricks and Mortar RE

2026

Sold

$599,000

Private Sale/Treaty on 05 Mar 2026 by Sahil Bhasin, of Bricks and Mortar RE

2025

Rented

Undisclosed

Leased on 20 Jan 2025 by Hodges Prahran/South Yarra

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 44/321 Chapel Street, 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.