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7/238 Toorak Road, South Yarra, Vic 3141

$400,000 - $440,000

Apartment

Type

Bedrooms

Bathrooms

Parkings

Last updated on Wednesday, August 26, 2026 ( See property details for 7/238 Toorak Road, South Yarra, Vic 3141)

$400,000 - $440,000

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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 a boutique South Yarra block, offering natural light, low-maintenance living, and prime inner-city convenience.

🏡 Property Highlights

Prime north-facing aspect with abundant natural light
Boutique block of only 14 residences for exclusivity
Excellent location in the heart of South Yarra's vibrant precinct
Secure parking for added convenience and safety
Low-maintenance, low-cost ownership with high potential
Expansive windows and soaring 2.0m high ceilings enhance space and brightness

✨ Key Features

Balcony
Built-in Robes
Open-Plan Living
Secure Parking
Floorboards
Waterfront / Views
Low-Maintenance Yard
Ensuite
Internal Laundry
Ceiling Fans

Suburb and Property Insights of South Yarra, VIC 3141

South Yarra is Melbourne’s premier inner-city suburb renowned for its vibrant lifestyle, designer boutiques, and diverse dining options. It offers excellent transport links, including South Yarra Station, and proximity to green spaces like Fawkner Park and the Royal Botanic Gardens. The area combines prestige with convenience, making it ideal for professionals, investors, and lifestyle seekers. Its sought-after location ensures high demand and strong capital growth potential.

Frequently Asked Questions

What are the key features of this apartment?

This apartment features a north-facing balcony, open-plan living with soaring 2.0m high ceilings, secure parking, floorboards throughout, and a functional kitchen, making it ideal for low-maintenance living or investment.

Is the apartment suitable for investment or owner-occupier?

Yes, the property offers flexibility for both investors seeking immediate income potential and owner-occupiers looking for a stylish, low-maintenance home in a prime location.

What amenities are nearby?

The apartment is just steps from Toorak Village and Chapel Street's boutiques, cafes, and restaurants, 150 metres from South Yarra Station, and close to Prahran Market, Fawkner Park, and the Royal Botanic Gardens.

Are there any immediate works required?

No, the property is move-in ready with no immediate works required, offering a hassle-free living or investment opportunity.

What makes this property rare in South Yarra?

Its boutique size, secure parking, and prime north-facing aspect with high ceilings make it a rare find in this tightly held pocket.

What to ask about this property to agent?

Are there any additional strata or owners corporation fees not mentioned? Have there been any recent or planned renovations or works in the building? Are there any easements, zoning restrictions, or planning overlays affecting the property? Is there any history of flooding or bushfire risk in this area? Are there any upcoming developments or construction projects nearby that could impact the property’s value or living environment? What are the total costs involved in purchasing, including stamp duty, legal fees, and strata levies? Are there any restrictions on leasing or subletting the property? Has the property been inspected for structural issues or pests? Are there any ongoing disputes or issues with the Owners Corporation? What are the long-term maintenance costs associated with the building and common areas?

7/238 Toorak Road, South Yarra, Vic 3141 - More Details

$400,000 - $440,000

Situated on one of Melbourne's most iconic and sought-after boulevards in South Yarra, this north-facing 1970s mid-century gem offers timeless appeal in a boutique block of only 14 residences. Spanning approximately 60sqm with soaring 2.0m high ceilings and floorboards throughout, the apartment is a study in brightness, space, and low-maintenance elegance ready for personal use or immediate income potential.
Architectural Light & Aspect
Oriented to capture abundant natural light, the residence features a north-facing balcony and living area that create a seamless flow. Expansive windows invite the sun in, illuminating the open-plan layout and enhancing the sense of airiness. The functional kitchen, with its practical design, is complemented by a private balcony that extends the living space outdoors, framing leafy outlooks. Low Owners Corporation fees ensure affordability without compromising on quality.
The South Yarra Lifestyle: A 360-Degree Connection
Positioned in the heart of South Yarra's vibrant precinct, 238 Toorak Road places you at the epicentre of inner-city convenience. Steps from the designer boutiques, cafes, and restaurants of Toorak Village and Chapel Street. Just 150 metres to South Yarra Station for effortless CBD access (3.4km to the city), and a short walk to Prahran Market, Fawkner Park, and the Royal Botanic Gardens. With elite schools and green spaces nearby, this location blends prestige with practicality in one of Melbourne's most enduring suburbs.
The Rarities
Beyond the interiors, the property boasts rare advantages in this tightly held pocket: secure parking, a serene building presentation and the flexibility to search for a tenant for investors or easy transition for owner-occupiers. With no immediate works required, it promises high-reward living or investment.
Low-maintenance, high-potential, and exceptionally rare. This is the one you've been waiting for.

A portion of every fee from properties leased or sold is donated to the Woodards Foundation, supporting essential services such as Vinnies soup vans and Safe Houses for women escaping domestic violence.

Type: Apartment
Bedrooms: 1
Bathrooms: 1
Parkings: 1

Price guide

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7/238 Toorak Road, South Yarra, Vic 3141

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