CBRE are delighted to present For Sale an award-winning Prahran office headquarters & significant mixed-use development opportunity located at HERO House, 26 & 28-32 King Street, Prahran.
HERO House, 26 King Street alongside the accompanying land & improvements at 28-32 King Street are offered to be purchased individually or together and summarised by the following attributes:
HERO House, 26 King Street, Prahran
+ A fully refurbished and award-winning 2-level converted office warehouse comprising of 1,532 square metres* of building area across multiple tenancies with the first floor currently occupied by HERO Creative Agency with an additional two further tenancies on level 2 currently occupied by ‘The MC Showroom’ theatre company as well as a separate office tenancy offered with Vacant Possession
+ Flexible lease terms across the entire building available for a broad range of business owners/owner occupiers to part or fully occupy the premise with ability to generate an additional income stream with the benefit of self-contained tenancies and separate entrances from King Street & Clifton Street respectively
+ A combined Activity Centre Zoned land parcel of 1,038 square metres* across multiple titles on the prominent corner of King Street & Clifton Street with opportunity to deliver a mixed-use 12-level project under the new Prahran Activity Centre guidelines.
28-32 King Street, Prahran
+ An adjoining 333 square metre* Activity Centre Zoned landholding 28 King Street is currently improved by a single storey cottage currently configured for commercial office with an additional storage area
+ 30-32 King Street offers a valuable cleared site with plans for conversion to additional car park supporting the existing office building with proposed plans for mobile food premise on weekends for activated hospitality or retail offering on weekends
Location & Connectivity
+ Located in Prahran’s eclectic hospitality precinct surrounding by some of Melbourne’s most popular restaurants, bars & pubs with The Flying Duck, Entrecote, Suzie Q, Firebird, High Street Hotel all surrounding the property and only a short stroll to Prahran Market
+ Excellent connectivity with Chapel Street & High Street tram networks alongside Prahran Train Station only a short walk from the property providing excellent connectivity and existing basement car park within the office building
Whether you are a looking for an iconic Stonnington business headquarters, delivering a future landmark mixed-use project with existing income or simply a land-rich commercial investment, 26-32 King Street, Prahran ticks all the boxes.
HERO House, 26 & 28-32 King Street, Prahran is offered For Sale individually or together via Expressions of Interest closing Thursday 22nd October 2026 at 2:00pm (AEDT)
For more information on this truly unique Prahran offering, to request access to the data room or to arrange an inspection, please contact the below exclusive sales agents at CBRE:
Alex Brierley
+61 447 974 447
Nathan Mufale
+61 421 224 354
Scott Hawthorne
+61 400 861 048
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
[email protected] (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Remember to mention you found this property on CommercialReady
CBRE are delighted to present For Sale an award-winning Prahran office headquarters & significant mixed-use development opportunity located at HERO House, 26 & 28-32 King Street, Prahran.
HERO House, 26 King Street alongside the accompanying land & improvements at 28-32 King Street are offered to be purchased individually or together and summarised by the following attributes:
HERO House, 26 King Street, Prahran
+ A fully refurbished and award-winning 2-level converted office warehouse comprising of 1,532 square metres* of building area across multiple tenancies with the first floor currently occupied by HERO Creative Agency with an additional two further tenancies on level 2 currently occupied by ‘The MC Showroom’ theatre company as well as a separate office tenancy offered with Vacant Possession
+ Flexible lease terms across the entire building available for a broad range of business owners/owner occupiers to part or fully occupy the premise with ability to generate an additional income stream with the benefit of self-contained tenancies and separate entrances from King Street & Clifton Street respectively
+ A combined Activity Centre Zoned land parcel of 1,038 square metres* across multiple titles on the prominent corner of King Street & Clifton Street with opportunity to deliver a mixed-use 12-level project under the new Prahran Activity Centre guidelines.
28-32 King Street, Prahran
+ An adjoining 333 square metre* Activity Centre Zoned landholding 28 King Street is currently improved by a single storey cottage currently configured for commercial office with an additional storage area
+ 30-32 King Street offers a valuable cleared site with plans for conversion to additional car park supporting the existing office building with proposed plans for mobile food premise on weekends for activated hospitality or retail offering on weekends
Location & Connectivity
+ Located in Prahran’s eclectic hospitality precinct surrounding by some of Melbourne’s most popular restaurants, bars & pubs with The Flying Duck, Entrecote, Suzie Q, Firebird, High Street Hotel all surrounding the property and only a short stroll to Prahran Market
+ Excellent connectivity with Chapel Street & High Street tram networks alongside Prahran Train Station only a short walk from the property providing excellent connectivity and existing basement car park within the office building
Whether you are a looking for an iconic Stonnington business headquarters, delivering a future landmark mixed-use project with existing income or simply a land-rich commercial investment, 26-32 King Street, Prahran ticks all the boxes.
HERO House, 26 & 28-32 King Street, Prahran is offered For Sale individually or together via Expressions of Interest closing Thursday 22nd October 2026 at 2:00pm (AEDT)
For more information on this truly unique Prahran offering, to request access to the data room or to arrange an inspection, please contact the below exclusive sales agents at CBRE:
Alex Brierley
+61 447 974 447
Nathan Mufale
+61 421 224 354
Scott Hawthorne
+61 400 861 048
Jing Jun (JJ) Heng 王敬君 (中文普通话咨询物业详情)
+61 411 059 116 (手机)
[email protected] (电子邮件)
jheng1206 (微信)
*Denotes Approx.
Remember to mention you found this property on CommercialReady
26 & 28-32 King Street, Prahran, VIC, 3181
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