506/20 Garden Street, South Yarra, Vic 3141

Private Sale $320,000-$340,000

Apartment
Type
1
Bedrooms
1
Bathrooms

Last updated on Wednesday, August 26, 2026 ( See property details for 506/20 Garden Street, South Yarra, Vic 3141)

Private Sale $320,000-$340,000

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

A modern, spacious one-bedroom apartment in a prime South Yarra location, offering contemporary living with excellent amenities and lifestyle convenience.

🏡 Property Highlights

  • Prime location just off iconic Chapel Street with vibrant cafes, restaurants, and boutique shopping nearby.
  • Spacious 56sqm apartment with modern finishes and versatile open-plan layout.
  • Private balcony ideal for outdoor dining and relaxation.
  • Dedicated study area perfect for working from home or added flexibility.
  • Secure building with intercom entry and lift access for peace of mind.
  • Excellent investment opportunity with estimated rental return of up to $29,900 per annum.

✨ Key Features

  • Open-Plan Living
  • Balcony
  • Dishwasher
  • Built-in Robes
  • Security Screens / Gates
  • Internal Laundry
  • Ceiling Fans
  • NBN / High-Speed Ready
  • Waterfront / Views
  • Secure Parking

South Yarra is a vibrant inner-city suburb renowned for its lively lifestyle, trendy cafes, boutique shopping, and excellent transport links. It offers a perfect blend of urban convenience and stylish living, with easy access to the CBD, parks, and cultural attractions. The area is highly sought after by professionals, students, and investors alike, providing a dynamic community atmosphere and a wealth of amenities. Its proximity to iconic Chapel Street ensures residents enjoy a lively, cosmopolitan lifestyle with endless entertainment options.

What are the key features of this apartment?
This apartment offers a spacious open-plan living and dining area, private balcony, contemporary kitchen with stainless-steel appliances, dedicated study space, and secure building access with intercom and lift facilities.
Is the apartment suitable for first-home buyers or investors?
Yes, the property is ideal for both first-home buyers seeking a vibrant lifestyle and investors looking for a high-yield opportunity, with an estimated rental return of up to $29,900 per year.
What amenities are nearby?
Residents enjoy immediate access to Chapel Street’s cafes, restaurants, bars, boutique shopping, Prahran Market, Jam Factory, and Toorak Road precinct, with excellent public transport options including trams and nearby stations.
Does the property include parking?
Yes, the apartment features secure parking within the building for added convenience and peace of mind.
What is the condition of the property?
The property features modern finishes and contemporary design, though buyers should conduct their own inspections to verify the condition of fixtures and fittings.
Are there any additional strata or body corporate fees associated with the building? Have there been any recent or planned renovations or repairs to the building? Are there any easements, zoning restrictions, or planning overlays affecting the property? Is the property located in a flood or bushfire-prone area? Are there any upcoming developments or construction projects nearby that could impact the property’s value or living environment? What are the total ongoing costs, including council rates, strata fees, and utilities? Has the property been inspected for any structural issues or defects? Are there any restrictions on leasing or subletting the apartment? Is the property compliant with all local building and safety regulations? What are the noise levels and neighbour conditions in the area?

506/20 Garden Street, South Yarra, Vic 3141 - More Details

Private Sale $320,000-$340,000

Positioned just off iconic Chapel Street, this spacious apartment delivers the ultimate South Yarra lifestyle with generous proportions, modern finishes, and a versatile layout. Combining comfort with unbeatable convenience, it’s an ideal opportunity for first-home buyers or investors seeking a dynamic inner-city address.

- Light-filled open-plan living and dining zone with split-system heating and cooling, offering generous space for both relaxing and entertaining.
- Private balcony flowing directly from the living area, perfect for a morning coffee or alfresco dining.
- Contemporary kitchen with stainless-steel appliances, gas cooktop, dishwasher, and excellent storage.
- Generous bedroom with mirrored built-in robes
- Dedicated study area providing an ideal work-from-home space or added flexibility.
- Central bathroom appointed with a full-sized walk-in shower, floating vanity with cabinetry, floor-to-ceiling tiling, and integrated laundry facilities for added practicality.
- Secure building with intercom entry and lift access for added peace of mind.
- 56sqm of lifestyle living.
- Estimated rental return of $525 – $575 per week approx. (Up to $29,900pa).

Enjoy immediate access to Chapel Street’s renowned cafés, restaurants, bars, and boutique shopping, along with the Jam Factory, Prahran Market, and Toorak Road precinct just moments away. With trams, South Yarra and Hawksburn stations nearby, and the CBD only minutes away, this is lifestyle living at its most vibrant and convenient.

Conditions of entry - IDENTIFICATION and contact number required, otherwise entry may be refused.

The information about this property has been supplied to us by the property owner, while we have no cause to doubt its accuracy, we provide no guarantee. We cannot attest to the functionality of any fixtures, fittings or inclusions to the property. Land and apartment dimensions and floor/site plans are supplied by third parties. Typing mistakes, omissions, transposing can occur, we provide to assist but make no representation. Buyers must carry out their own due diligence.
Type
Apartment
Bedrooms
1
Bathrooms
1
Study
1

Price guide

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