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3A/238 Toorak Road, South Yarra, Vic 3141

Private Sale - $360,000 - $390,000

Apartment

Type

Bedrooms

Bathrooms

Last updated on Wednesday, August 26, 2026 ( See property details for 3A/238 Toorak Road, South Yarra, Vic 3141)

Private Sale - $360,000 - $390,000

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Anthony Benic Property Consultant

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Edward Carlile Sales Director

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AI Property Insight

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

A stylish north-facing one-bedroom apartment in South Yarra offering exceptional potential, modern comforts, and prime inner-city living.

🏡 Property Highlights

Prime location on iconic South Yarra's historic thoroughfare
North-facing orientation with abundant natural light
Generous 2.5m high ceilings enhancing sense of space
Low Owners Corporation fees for affordability
Steady rental income with potential for modernisation
Close to Chapel Street's boutiques, cafes, and restaurants

✨ Key Features

Built-in Robes
Open-Plan Living
Ensuite
Internal Laundry
Security Screens / Gates
Fly Screens
NBN / High-Speed Ready
Waterfront / Views
Pet-Friendly
Low-Maintenance Yard

Suburb and Property Insights of South Yarra, VIC 3141

South Yarra is Melbourne's premier inner-city suburb renowned for its vibrant lifestyle, historic charm, and upscale amenities. Key highlights include proximity to Chapel Street's boutique shopping and dining, easy access to public transport with South Yarra Station, and nearby parks such as Fawkner Park and the Royal Botanic Gardens. The area offers a perfect blend of cultural sophistication and contemporary convenience, making it highly desirable for residents and investors alike.

Frequently Asked Questions

What are the current lease terms and rental income for this apartment?

The property is currently leased, providing steady income; specific lease details can be obtained from the selling agent.

What potential is there for modernisation or renovation?

The apartment offers clear upside for owner-occupiers or investors seeking to personalise or upgrade the space to enhance value.

Are there any restrictions or special conditions in the Owners Corporation?

The Owners Corporation fees are notably low, and further details about any restrictions can be confirmed with the managing body.

Is the property suitable for pet owners?

Yes, the apartment is pet-friendly, making it ideal for residents with animals.

What are the nearby amenities and lifestyle options?

The property is within walking distance to Chapel Street's boutiques, cafes, restaurants, Prahran Market, Fawkner Park, and the Royal Botanic Gardens.

What to ask about this property to agent?

Are there any upcoming or planned developments in the vicinity that could affect the property's value or living environment? What are the total costs involved in owning and maintaining the apartment, including strata fees and council rates? Has the property been inspected for structural issues, pests, or other defects? Are there any restrictions or easements on the property that could impact future renovations? Is the property located in a flood or bushfire-prone area, and what safety measures are in place? Are there any ongoing disputes or issues with the Owners Corporation? What is the history of the property's occupancy and rental performance? Are there any planned changes to public transport or infrastructure that could influence the area? What are the zoning regulations applicable to this property? Is there any current or upcoming construction nearby that could cause noise or disruption?

3A/238 Toorak Road, South Yarra, Vic 3141 - More Details

Private Sale - $360,000 - $390,000

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

Type: Apartment
Bedrooms: 1
Bathrooms: 1

Price guide

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3A/238 Toorak Road, South Yarra, Vic 3141

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