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1 & 2/38 Alexandra Street, South Yarra, Vic 3141 Sold
1 & 2/38 Alexandra Street, South Yarra, Vic 3141 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Image 1 & 2/38 Alexandra Street, South Yarra, Vic 3141-Floorplan

1 & 2/38 Alexandra Street, South Yarra, Vic 3141

$1,400,000 - $1,540,000

Duplex Semi-detached
Type
4
Bedrooms
2
Bathrooms

Last updated on Wednesday, August 26, 2026 ( See property details for 1 & 2/38 Alexandra Street, South Yarra, Vic 3141)

$1,400,000 - $1,540,000

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

A rare dual-apartment Art Deco property in South Yarra offering versatile living and prime lifestyle convenience.

🏡 Property Highlights

  • Two near-identical Art Deco-style apartments on one generous block
  • Flexible living options ideal for investors or extended families
  • Each apartment features open-plan living with fireplace and air conditioning
  • Private courtyards and secure fencing for privacy and outdoor living
  • Prime South Yarra location close to Prahran Market and Chapel Street
  • Zoned to sought-after schools and close to major transport links

✨ Key Features

  • Open-Plan Living
  • Air Conditioning
  • Fireplace
  • Outdoor Area
  • Built-in Robes
  • Secure Parking
  • Pet-Friendly
  • Open-Plan Living
  • Waterfront / Views
  • Open-Plan Living

South Yarra is a vibrant Melbourne suburb renowned for its trendy cafes, boutique shopping, and cultural attractions. It offers excellent transport links, proximity to parks like Fawkner Park, and a highly sought-after lifestyle. The area features a mix of historic architecture and modern developments, making it ideal for investors and families alike.

What is the layout of each apartment?
Each apartment features two bedrooms, one bathroom, an open-plan living and dining area, and its own private courtyard.
Are the apartments suitable for investment purposes?
Yes, the property offers flexible options for investors, with two separate apartments that can generate rental income or be used for extended family living.
What amenities are nearby?
The property is close to Prahran Market, Chapel Street, Toorak Road cafes, South Yarra Station, Fawkner Park, and The Como Centre, providing excellent shopping, dining, and transport options.
Is there off-street parking available?
Yes, the property includes secure fencing and off-street parking options for added convenience.
What are the zoning and school catchments?
The property is zoned to South Yarra Primary School and Prahran High School, making it ideal for families.
Are there any existing easements, covenants, or planning restrictions affecting the property? What are the ongoing maintenance costs for the apartments and outdoor areas? Are there any upcoming development plans or zoning changes in the area? Has the property been recently renovated or does it require updates? Are there any known issues with the building structure or services? What are the council rates and any applicable body corporate fees? Is there any history of flooding or bushfire risk in this location? Are there any noise or disturbance issues from nearby roads or commercial activities? What are the terms of the current lease agreements if rented? Are there any restrictions on future modifications or extensions to the property?

1 & 2/38 Alexandra Street, South Yarra, Vic 3141 - More Details

$1,400,000 - $1,540,000

WHAT
A rare South Yarra offering, 1 & 2/38 Alexandra Street presents two near-identical Art Deco-style apartments on one surprisingly generous block. Each apartment offers two bedrooms, one bathroom, open-plan living and dining, plus its own private courtyard, creating a flexible opportunity for investors, extended families or future value-add potential.

• Two separate 2-bedroom, 1-bathroom apartments
• Open-plan living with fireplace and air conditioning
• Large bedrooms with front and rear garden outlooks

WHY
Well suited to investors, multi-generational buyers or those seeking a prized South Yarra landholding, each apartment delivers generous proportions and timeless character. The kitchen and dining zones are spacious, featuring wood-look flooring, a large pantry, four-burner gas stove and wall oven, while secure front fencing and split rear courtyards provide privacy for each residence.

• Spacious kitchen/dining with pantry, gas cooking & wall oven
• Open fireplace and air conditioning in living area
• Secure fencing, private courtyards and off-street appeal

WHERE
Positioned in a blue-chip lifestyle pocket, this address places Prahran Market, Chapel Street, Toorak Road cafes and The Como Centre all within easy reach. Zoned to South Yarra Primary School and Prahran High School, it is also close to South Yarra Station, Fawkner Park and some of Melbourne’s best shopping, dining and transport connections.

• Zoned to South Yarra Primary School & Prahran High School
• Close to Prahran Market, Chapel Street & Toorak Road
• Near South Yarra Station, The Como Centre & Fawkner Park
Type
Duplex Semi-detached
Bedrooms
4
Bathrooms
2

Price guide

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