German Club Site in Prahran goes on the Market

This permit approved site in Prahran is an amazing opportunity to develop apartments in a highly coveted location.

Club Tivoli-Deutscher Verein Melbourne HQ in Prahran is up for sale with Colliers and Knight Frank appointed to sell the site via an Expressions of Interest campaign closing Friday 14 March 2025 at 2pm (AEDT).

The corner site located on the corner of Chomley Street & Dandenong Road is expected to achieve in excess of $18 million.

Knight Frank’s Stephen Kelly, Tom Ryan and Nick Bisset along with Colliers Residential team Jozef Dickinson, Alex Browne and Philip Heberling are eager to present this site to the market.

“This is a highly coveted location in Prahran with a permit for 56 apartments. It’s the perfect development size for Melbourne’s most active developers,” Jozef Dickinson said.

Stephen Kelly outlined, “It’s a 3,085sqm site within one of Melbourne’s most desirable suburbs. The location is incredible well serviced with a tram stop directly out the front, and only minutes walk to Chapel Street.”

The site is currently home to the German Club, one of Melbourne’s oldest clubs. The club was

formed 165 years ago and has been located in Prahran since 1989.

The property is approved for a boutique, six level residential redevelopment plus basement car parking. The Luxury residential redevelopment includes 56 apartments and premium ground level retail.

Prahran is widely considered as one of Melbourne’s best inner city suburbs, its popular with renters

and home owners alike. This desirability now sees the median house price for Prahran at

$1,845,000*^.

Prahran’s strong and consistent capital growth, high rental yields, and cool urban lifestyle provide long-term value and lifestyle convenience.

Corner Chomley Street & Dandenong Road, Prahran is offered for sale via Expressions Of Interest closing at 2pm (AEDT), Friday 14 March 2025.