4/40 Caroline Street, South Yarra, Vic 3141

Townhouse
Type
3
Bedrooms
2
Bathrooms
2
Parkings

Last updated on Friday, April 17, 2026 ( See property details for 4/40 Caroline Street, South Yarra, Vic 3141)

Penthouse $2,500,000 - $2,750,000

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

This luxurious three-bedroom penthouse in South Yarra offers panoramic views, high-end finishes, and spacious indoor-outdoor living in a boutique boutique collection of only four apartments.

🏡 Property Highlights

  • Expansive penthouse with panoramic city and park views
  • Luxury three-bedroom, two-bathroom layout with high-end finishes
  • Generous north-facing living and dining area with floor-to-ceiling glazing
  • Large west-facing terrace ideal for entertaining
  • Modern kitchen featuring marble benchtops and Miele appliances
  • Secure basement parking for two vehicles

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Waterfront / Views
  • Security Screens / Gates
  • Fly Screens
  • NBN / High-Speed Ready
  • Extra Storage (Shed/Linen)
  • Ceiling Fans
  • Home Office / Study Nook

South Yarra is Melbourne’s premier lifestyle precinct, renowned for its vibrant dining scene, boutique shopping, and lush parks. Key points include: proximity to Fawkner Park and Royal Botanic Gardens, an array of fine restaurants and cafes, excellent public transport options, a highly sought-after residential community, and a vibrant cultural and entertainment hub.

What are the main lifestyle benefits of living in this penthouse?
This penthouse offers luxurious indoor-outdoor living with panoramic views, modern amenities, and proximity to Melbourne’s finest parks, restaurants, and public transport, providing a vibrant and convenient lifestyle.
Does the property have outdoor entertaining space?
Yes, the property features a substantial west-facing terrace ideal for entertaining and enjoying the views.
What are the key features of the kitchen?
The kitchen is equipped with marble benchtops, sleek cabinetry, Miele appliances, and seamless connection to the living and dining areas.
Is there secure parking available?
Yes, the property includes two basement car spaces with secure entry.
What climate control features does the apartment have?
The apartment is fitted with ducted heating and cooling for year-round comfort.
Are there any additional costs for strata or body corporate fees? Have there been any recent renovations or repairs to the building? Are there any planned developments or construction nearby that could affect views or noise levels? Is the property compliant with all local building and safety regulations? Are there any easements or zoning restrictions that could impact future modifications? What is the history of maintenance and potential upcoming repairs? Are there any known issues with the building’s structure or systems? Is flood or bushfire risk assessed for this location? Are there any restrictions on pet ownership within the building? What are the terms of the lease or ownership structure, if applicable?

4/40 Caroline Street, South Yarra, Vic 3141 - More Details

Penthouse $2,500,000 - $2,750,000

Type
Townhouse
Bedrooms
3
Bathrooms
2
Parkings
2

Price guide

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