402/7 King Street, Prahran VIC 3181

West-facing balcony with silhouette screens | SJB-designed arcade building | Prahran Market & Chapel St walkable | One-bedroom with study desk and robes This unit offers a rare configuration in a sought-after SJB building, where the west-facing balcony with movable screens creates genuine indoor-outdoor flow. The concealed fridge cavity and Smeg appliances lift the kitchen above standard one-bedroom stock, while the integrated study desk appeals to professionals or investors targeting the Prahran rental market. The pedestrian-only laneway setting and views of the town hall clock tower provide differentiation in a precinct dominated by busy thoroughfares. It suits a buyer seeking a low-maintenance city-fringe base with strong rental yield potential, or an investor chasing the suburb’s 6.3% yield profile. The flood and heritage overlays introduce non-negotiable constraints on future modifications and may affect insurance premiums. The 2010 last sale date suggests limited recent price discovery, so the buyer should verify comparable sales in the building. The compact laundry and tiled floors are practical but limit scope for personalisation. To hold, treat this as a long-term rental play in a tightly held Stonnington pocket; to use, it works best for a single professional or couple who value location over space.