15/21 Rockley Road, South Yarra, Vic 3141

$490,000 - $520,000

Apartment
Type
1
Bedrooms
1
Bathrooms
1
Parkings

Published on Wednesday, June 10, 2026 ( See property details for 15/21 Rockley Road, South Yarra, Vic 3141)

$490,000 - $520,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A character-filled, spacious 1-bedroom apartment in the heart of South Yarra, offering exceptional lifestyle appeal and long-term investment potential.

🏡 Property Highlights

  • Prime location in South Yarra's most sought-after pocket
  • Spacious and character-filled 1-bedroom, 1-bathroom layout
  • Traditional, highly functional design with separate kitchen
  • Private balcony with natural light and outdoor space
  • Excellent access to public transport including trains and trams
  • Ideal for first-home buyers, city professionals, and investors

✨ Key Features

  • Balcony
  • Open-Plan Living
  • Waterfront / Views
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • NBN / High-Speed Ready
  • Open-Plan Living
  • Waterfront / Views
  • NBN / High-Speed Ready

South Yarra is a vibrant inner-city suburb renowned for its stylish cafes, boutique shopping, and lush parklands. It offers excellent public transport links, making it ideal for city professionals and investors. The area boasts a strong community vibe and high demand for quality residences. Its proximity to Chapel Street and Toorak Road ensures access to premier dining and entertainment options. South Yarra continues to be a highly desirable location for both lifestyle and investment opportunities.

What is the layout of the apartment and how does it enhance living comfort?
The apartment features a traditional, highly functional layout with a separate kitchen from the living and dining areas, providing space and privacy for comfortable living and entertaining.
What amenities and transport options are available nearby?
The property is conveniently located close to Chapel Street, Toorak Road, and leafy parklands, with excellent access to public transport including trains and trams, ensuring easy city connectivity.
Is the apartment suitable for investment purposes?
Yes, the apartment's prime location, traditional design, and strong demand in South Yarra make it an excellent choice for investors seeking a long-term, high-yield asset.
What are the key features that add value to this property?
Key features include a private balcony, traditional layout, high-speed internet readiness, internal laundry, and security screens, all contributing to comfort and convenience.
Are there any upcoming or ongoing developments in the area that could affect the property's value or living environment? What are the strata or body corporate fees, and are there any special levies or assessments planned? Has the property been recently renovated or does it require any repairs or upgrades? Are there any restrictions or easements on the property that could impact future modifications? What is the history of the property's maintenance and any past issues with building defects? Is the property located in a flood or bushfire-prone zone, and what risk mitigation measures are in place? Are there any noise or nuisance issues from nearby roads, construction, or neighbors? What are the total ongoing costs, including council rates, strata fees, and utilities? Is the property compliant with all local building codes and regulations? Are there any planned changes to public transport routes or local infrastructure that could influence the area?

15/21 Rockley Road, South Yarra, Vic 3141 - More Details

$490,000 - $520,000

Perfectly positioned in one of South Yarra's most tightly held pockets, this residence presents a rare opportunity to secure a spacious, character-filled 1-bedroom, 1-bathroom apartment with classic proportions, solid construction, and exceptional lifestyle appeal.

Set within the heart of South Yarra, the home delivers unmatched convenience, placing you moments from Chapel Street, Toorak Road, leading cafés, fine dining, boutique shopping, and leafy parklands. With excellent access to public transport including trains and trams, this is a location that continues to perform strongly for both homeowners and investors alike.

Unlike modern open-plan designs, the apartment embraces a traditional and highly functional layout that prioritises space and separation. A dedicated kitchen is positioned independently from the living and dining zone, enhancing practicality and allowing for a more defined and comfortable living experience. The living area itself is generously sized, offering flexibility for both relaxation and entertaining, while still maintaining a warm and inviting feel.

A private balcony extends directly from the living space, offering a quiet outdoor retreat with natural light and fresh air while maintaining indoor privacy-an appealing feature of classic apartment design. The well-proportioned bedroom comfortably accommodates essential furnishings while retaining a sense of openness, and the central bathroom includes a neatly integrated European-style laundry, delivering smart, space-efficient functionality without compromising the living areas.

Ideal for first-home buyers entering the market, city professionals seeking a well-located base, or investors looking for a consistently in-demand rental asset, this apartment represents a rare blend of location, scale, and long-term upside in a premium inner-city setting.

A timeless South Yarra offering with space where it matters most-this is a residence that delivers both immediate comfort and enduring potential. Enquire today to arrange your inspection.
Type
Apartment
Bedrooms
1
Bathrooms
1
Parkings
1
House Size
61 m²

Price guide

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