RateMyAgentGo to search
Back 109 Osborne Street
Off Market

109 Osborne Street

South Yarra VIC 3141

587 m²
Block of units
Paul O'SullivanPaul O'Sullivan, last sold this property on 17 November 2025 after 48 days on market.

Overview

RARE SOUTH YARRA INVESTEMENT WITH DEVELOPMENT POTENTIAL

Open For Inspection: 12pm - 12.30pm, Thursday 9 October 2025. Lemon Baxter is delighted to exclusively present 109 Osborne Street, South Yarra a rare chance to secure a classic 1960s apartment block in one of Melbourne's most prestigious residential markets. Set on a 587 m² landholding*, the property comprises 12 apartments (11 leased, 1 vacant), generating a strong income stream with clear upside through leasing, refurbishment, strata sell-down, or redevelopment (STCA). Key Features: - Land area: 587 m²* - Improvements: 12 apartments 11 leased, 1 vacant - Income: $230,459 p.a. with potential to $250,190 p.a. fully let - General Residential Zone (GRZ) flexible development/repositioning potential - High-demand rental precinct with exceptional lifestyle amenity Investment Highlights: - Blue-chip South Yarra freehold tightly held and rarely available - Strong income with immediate upside potential - Flexible strategies: hold, refurbish, sell-down, or redevelop (STCA) - Abundant off-street car parking for all units - Exceptional long-term growth supported by South Yarra's prestige appeal Location & Public Transport: - Short walk to South Yarra Station and Prahran Station - Tram routes along Chapel Street and Toorak Road - Only minutes to Melbourne CBD - Surrounded by premier retail, dining, and lifestyle amenity including Fawkner Park and the Royal Botanic Gardens 109 Osborne Street offers investors a blue-chip foothold in Melbourne's most sought-after inner suburb secure income today with multiple pathways for tomorrow. For Sale via Expressions of Interest, closing Wednesday, 29th October 2025 at 12:00PM (AEDT).

Features

587 m² lot size
Block of units

Estimated Value

We need at least 3 similar block of units sold in South Yarra over the last 12 months.

Property history for 109 Osborne Street

2025
Sold
Undisclosed
Private Sale/Treaty on 17 Nov 2025 by Paul O'Sullivan, of Lemon Baxter Pty Ltd

Happy sellers in South Yarra

82%
82% of sellers in South Yarra reported that their sale price either exceeded or met their price expectations.

South Yarra stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 52 reviews in South Yarra over the last 12 months.

Local market activity for block of units in South Yarra

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in South Yarra

placeholder
Mark Konishi

Mark Konishi is a recommended agent for South Yarra.  They have 32 local sales and collected 25 local reviews across the last 12 months.

  •   4.9   (330 reviews)
  •  25 Reviews in South Yarra
  •  32 Sales in South Yarra
View profile
placeholder
Tina Chauhan

Tina Chauhan is an award winning recommended agent for South Yarra.  They have 13 local sales and collected 13 local reviews across the last 12 months.

  •   4.8   (30 reviews)
  •  13 Reviews in South Yarra
  •  13 Sales in South Yarra
View profile
placeholder
Grant Wallace

Grant Wallace is a recommended agent for South Yarra.  They have 36 local sales and collected 13 local reviews across the last 12 months.

  •   4.9   (273 reviews)
  •  13 Reviews in South Yarra
  •  36 Sales in South Yarra
View profile
placeholder
Dion Besser

Sellers who recommend Dion Besser have praised them for being local expert, clear communication, supportive, dedicated, responsive, honest and great negotiation

  •   4.9   (95 reviews)
  •  7 Reviews in South Yarra
  •  10 Sales in South Yarra
View profile
or
Skip the list and find your ideal agent to sell your propertyFind My Agent
RateMyAgent
Quick Links
© 2026 RateMyAgent
Privacy PolicyTerms & ConditionsSitemap