If you are going to eat, drink and be merry in Prahran expect to pay well for it. Probably no different than Chapel St. Doesn't mean the food is better or worse it is usually just a little more expensive, for what you get. After that very negative intro to Ladro TAP we did enjoy or meal and wine.
You are sat right on Greville street with cars and walkers going past. Pleasant but can't match an ocean mountain valley view. Stopped in here for a meal or a rink. They have a number of beers on tap, good wine selection etc. Staff are friendly and relaxed and service was quick and timely. No complaints.
Not far from the restaurant is the Prahran market itself worth a stroll through. You will be impressed with the variety and number of butchers shops, fish shops and chicken shops. Not sure it will be the cheapest market you will visit but a great place to have stroll and try and buy different foods.