131/555 St Kilda Road Melbourne VIC 3004

2-bed flat in Parque building | Heritage overlay | Near Fawkner Park & trams | Zoned for Prahran High | On market This unit presents a competitively priced entry into a high-amenity precinct, defined by its park-side location and direct access to leading schools and transport. The configuration is standard for the building, but its zoning for in-demand government schools and lack of bushfire or flood overlays provide a stable foundation. It serves the budget-conscious investor or owner-occupier seeking established infrastructure over modern finishes, with rental demand signalling consistent tenant interest. Proceed with the understanding that the heritage overlay may limit renovation potential, a cost embedded in its price. The absence of recent comparable sales nearby necessitates rigorous, independent valuation to anchor your offer. Secure a building inspection to clarify strata health and any heritage maintenance liabilities. This property is a hold for yield or a long-term entry position, not for speculative gain. A PropCred report would validate its real market valuation and detail locality-specific risks for insurance.