Back 403/57 Toorak Rd
Off Market

403/57 Toorak Rd

South Yarra VIC 3141

2
1
1
Apartment
Last sold for $525,000
Edward CarlileEdward Carlile, last sold this property on 09 November 2023 after 38 days on market.

Overview

From the big screen to the big view

The enigmatic fate of local cinemas has always intrigued us, and fortunately, the original site of the Longford Theatre has undergone a remarkable rebirth, resulting in something truly extraordinary. The aura of this boutique development's entranceway mirrors the charisma and allure of the erstwhile arthouse cinema, which opened its doors in 1977. A nod to the stars, this entrance is a homage to the rich history that unfolded within. Welcome to a rare opportunity that effortlessly meets all your requirements. The north-facing living area seamlessly extends to a coveted outdoor space - a balcony that offers a privileged view of period terraces, treetops, and contemporary architecture, capturing the essence of quintessential South Yarra living. Cooking is a breeze in the fully integrated kitchen with dishwasher, fridge and microwave all built in with plenty of space offered by the kitchen island. Sleek and modern come to mind when describing the bathroom which also houses the euro laundry. Toorak Road, South Yarra, offers a lifestyle shared by both 70s celebrities and today's trendsetters. As you stroll past local traders, you might chance upon a familiar face picking up a fine bottle of wine, destined for a leisurely picnic at Fawkner Park. Alternatively, a slightly more adventurous jaunt could lead you to the Botanical Gardens and Domain Road, providing ample opportunities for paparazzi sightings. The city is at your doorstep, ensuring that once things open up, you can seamlessly venture into town to explore new spots or lose yourself in art galleries, all while experiencing the very best of Melbourne. For those in search of a tranquil inner-city sanctuary amidst the bustling urban landscape, the usual challenges include securing parking, storage, and a suitable workspace. Remarkably, this property offers all three: secure garage parking, a versatile second bedroom or spacious study, and a separate storage cage. Notably, a fraction of our fee from each property transaction is dedicated to the Woodards Foundation, supporting those navigating homelessness, family violence, and social isolation. When you choose this residence, you're contributing to a cause that uplifts the community.

Features

2 bedrooms
1 bathroom
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 403/57 Toorak Rd is $650k.

Median value
$650k
Estimated value range
$310k - $1.91m
Median days on market
31
Estimated value trend
3%
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 403/57 Toorak Rd

2023
Sold
$525,000
09 Nov 2023 by Edward Carlile, of Woodards South Yarra
2017
Rented
Undisclosed
Leased on 01 May 2017

Happy sellers in South Yarra

83%
83% 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 43 reviews in South Yarra over the last 12 months.

Local market activity for 2 bedroom apartments in South Yarra

In the last 12 months, 288 two-bedroom apartments similar to 403/57 Toorak Rd, have been sold.

This represents a 39% increase in two-bedroom apartments sales when compared to the previous 12 months.

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