3A/238 Toorak Road, South Yarra

Nestled in one of Melbourne's most prestigious inner-city enclaves, this north-facing apartment offers exceptional potential for immediate enjoyment or future enhancement. Spanning approximately 60 sqm within an intimate block of just 14 residences, it features generous 2.5m high ceilings, soft carpet throughout and remarkably low Owners Corporation fees-delivering a rare combination of space, comfort and affordability in a tightly held building.

Currently leased, the property provides steady income while presenting clear upside for owner-occupiers or investors seeking to unlock its full potential through personal touches or modernisation.

The location is unrivalled: positioned on one of South Yarra's most iconic and historic thoroughfares, steeped in the area's rich heritage of elegant Victorian-era development and evolving into a vibrant lifestyle hub. Enjoy effortless access to the best of inner Melbourne-moments from the designer boutiques, acclaimed cafes and restaurants along Chapel Street (just a short stroll away), while South Yarra Station is only metres from the door for seamless CBD connectivity (approximately 4 km to the heart of the city). Prahran Market, Fawkner Park and the Royal Botanic Gardens are all within easy walking distance, blending timeless prestige with contemporary convenience in one of Melbourne's most sought-after suburbs.

A rare opportunity in a proven blue-chip pocket-ideal for those who appreciate refined living with strong long-term value