10/15 Irving Avenue, Prahran VIC 3181

2-bed townhouse with rooftop terrace | dual parking and bathrooms | quiet street near Chapel Street | downsizer or couple appeal This is a competitively rare configuration for Prahran. Most stock in the suburb is older terrace housing or standard apartments, so a three-floor townhouse with two dedicated car spaces, two bathrooms, and a private rooftop terrace offering skyline views sits in a different bracket. The finishes are boutique contemporary, with stone and timber detailing that signals owner-occupier care rather than investor-grade fitting. The quiet street positioning near High Street and Chapel Street gives walkable amenity without the direct noise. This property is best suited to downsizers seeking low-maintenance space, professional couples who want indoor-outdoor living, or owner-occupiers prioritising parking and privacy over a larger footprint. Rental demand is supported by the location and the parking count, though yield expectations should be modest given the price tier. The property’s value may be shaped by its exposure to the rooftop terrace and balcony, which are strong differentiators but also introduce maintenance obligations over time. The absence of a confirmed build date means the age of finishes and structure should be verified, as newer builds command a premium but older boutique developments may have different cost profiles for common property upkeep. The dual parking is a genuine advantage in this suburb, but the townhouse form means strata fees and shared basement costs could be higher than for a standalone house. A buyer should weigh the rarity of the configuration against the trade-off in internal floor area compared to a renovated terrace at a similar price point.