59 Osborne Street, South Yarra, Vic 3141

$2,300,000 - $2,500,000

House
Type
5
Bedrooms
2
Bathrooms
2
Parkings
441 m²
Area

Published on Thursday, August 13, 2026 ( See property details for 59 Osborne Street, South Yarra, Vic 3141)

$2,300,000 - $2,500,000

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

A versatile Victorian residence on a substantial allotment in South Yarra, offering historic charm, redevelopment potential, and excellent lifestyle convenience.

🏡 Property Highlights

  • Freestanding Victorian residence with original features and high ceilings
  • Generous 440m² approx. allotment with no heritage restrictions
  • Potential for renovation, rebuilding, or redevelopment (STCA)
  • Prime location within walking distance to retail precincts, schools, parks, and transport
  • Separate self-contained apartment with ensuite and rear laneway access
  • Spacious open-plan kitchen and meals area flowing to private west-facing garden

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Outdoor Area
  • Garage / Secure Parking
  • Waterfront / Views
  • Home Office / Study
  • Workshop
  • Security Screens / Gates
  • Fly Screens
  • Pet-Friendly
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59 Osborne Street
South Yarra, VIC 3141
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Vertical aerial view — 59 Osborne Street
59 Osborne Street — Vertical Aerial  •  South Yarra, VIC 3141  •  Nearmap © 2026

South Yarra is a vibrant and highly sought-after suburb renowned for its eclectic retail precincts, lush parks, and excellent transport links. It offers a dynamic lifestyle with proximity to Toorak Road, Chapel Street, Prahran Market, and Melbourne’s premier schools. The area boasts a mix of historic homes and modern developments, making it ideal for families, professionals, and investors seeking convenience and character. With access to Fawkner Park, Royal Botanic Gardens, and Melbourne’s sporting venues, South Yarra provides a perfect blend of leisure, culture, and connectivity.

What are the potential uses for the property given its redevelopment options?
The property offers potential for renovation, rebuilding a new residence, or redevelopment (STCA), providing flexibility for investors or families to tailor the home to their needs.
Is there off-street parking available?
Yes, the property includes a driveway that extends to the rear, providing off-street parking for three cars and rear laneway access.
What original features does the home retain?
The residence retains many original Victorian features, including high ceilings and a wrought-iron veranda, adding character and charm.
How close is the property to public transport?
The property is within walking distance to South Yarra Station, trams, and buses, ensuring excellent connectivity.
Are there any restrictions on redevelopment or renovations?
There are no heritage restrictions on the property, allowing for redevelopment or renovation subject to council approval.
Are there any existing planning or development approvals in place for redevelopment or rebuilding? What are the potential costs associated with renovating or upgrading the property? Are there any easements, covenants, or zoning restrictions affecting the property? Has the property been affected by any flooding or bushfire risks? Are there any upcoming planning or construction projects in the vicinity that could impact the property’s value or lifestyle?

59 Osborne Street, South Yarra, Vic 3141 - More Details

$2,300,000 - $2,500,000

Expressions of Interest Closing Monday 14th September at 12pm

Boasting sensational scale, position and potential, this freestanding double fronted Victorian residence retains many original features including high ceilings, wrought-iron veranda, and grand proportions, all set on a generous 440m² approx. allotment with a broad 14m street frontage and no heritage restrictions. Presenting an exceptional opportunity to renovate the home with plans from Pandolfini Architects, rebuild a new residence, or redevelop the site (STCA). Ideally positioned in one of South Yarra’s most sought-after lifestyle locales, within walking distance of Toorak Road, Domain Road and Chapel Street’s vibrant retail precincts, Prahran Market, Melbourne’s leading schools, Fawkner Park, Royal Botanic Gardens, Melbourne sporting precinct, and accessible transport including South Yarra Station, trams, and busses.
Comprising entrance hallway leading through to four bedrooms with built-in robes, a central bathroom, a separate study/fifth bedroom, and a spacious open-plan kitchen and meals area that flows effortlessly outdoors to a private west-facing rear garden. A driveway provides valuable off-street parking and extends through to the rear of the property, where a separate laundry and garden workshop are positioned. Additional accommodation is provided by a separate self-contained apartment with ensuite, offering excellent flexibility as a guest bedroom, home office, studio or retreat with off street parking for three cars and valuable rear laneway access.
Type
House
Bedrooms
5
Bathrooms
2
Parkings
2
Area
441 m²

Price guide

View Statement Of Information

in compliance with Estate Agents Act 1980

Inspections times

  • Inspection Sat 15 Aug 12:00 pm

    Saturday 15 August
    12:00 pm - 12:30 pm
Thank you for submitting your reminder request.

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