Back 402/89 River St
Off Market

402/89 River St

South Yarra VIC 3141

2
2
1
Apartment
Last sold for $941,000
Mark KonishiMark Konishi, last sold this property on 29 October 2025 after 14 days on market.

Overview

Sunlit corner apartment in the heart of South Yarra

Superbly proportioned and filled with natural light, this two-bedroom corner apartment in the acclaimed SY21 epitomises contemporary elegance and resort-style living. Perfectly positioned between the vibrant Toorak Road and Chapel Street precincts and only moments from the Yarra River, it offers an enviable lifestyle defined by seamless indoor–outdoor living and a generous wraparound balcony ideal for alfresco entertaining. Beyond its secure intercom entry and keyless pin-code access, the apartment reveals an expansive open-plan living and dining area that opens effortlessly to the balcony, overlooking the tranquil central courtyard. The sleek modern kitchen is appointed with Smeg stainless-steel appliances and ample storage, while both bedrooms feature built-in robes, with the main bedroom enjoying direct balcony access and a luxurious ensuite complete with an oversized shower. A second sparkling bathroom and convenient European laundry enhance everyday functionality, and secure basement parking with a storage cage adds further appeal. Residents of SY21 enjoy exclusive access to exceptional resort-style facilities, including a heated pool, spa, sauna, and a fully equipped gym. Combining luxury, lifestyle, and location in perfect harmony, this impressive apartment is ideal for both home occupiers and astute investors seeking to experience the very best of South Yarra living.

Features

2 bedrooms
2 bathrooms
1 carspace
1 open car space
Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in South Yarra over the last 12 months, the estimated median property value of 402/89 River St is $650k.

Median value
$650k
Estimated value range
$310k - $2.7m
Median days on market
30
Estimated value trend
0%
increase over the last 12 months
Average days on market is based on recent, comparable sales in South Yarra. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 402/89 River St

2025
Sold
$941,000
29 Oct 2025 by Mark Konishi, of Belle Property South Yarra
2016
Sold
$801,000
Auction Sale on 05 Aug 2016 by Nicholas Kaine, of BigginScott Stonnington

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 50 reviews in South Yarra over the last 12 months.

Local market activity for 2 bedroom apartments in South Yarra

In the last 12 months, 334 two-bedroom apartments similar to 402/89 River St, have been sold.

This represents a 21% increase in two-bedroom apartments sales when compared to the previous 12 months.

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