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Back 504/657 Chapel Street
Off Market

504/657 Chapel Street

South Yarra VIC 3141

2
1
1
Apartment
Last sold for $740,000
Nathan DanatzisNathan Danatzis, last sold this property on 19 February 2026 after 29 days on market.

Overview

Dual Level Luxury Living with Dedicated Study

Perfectly positioned within the tightly held South Yarra Towers, this beautifully maintained residence at South Yarra Towers offers an exceptional lifestyle in one of Melbourne's most distinguished boutique buildings. With only 60 apartments in the entire complex, opportunities to secure a home here are genuinely rare. Celebrated for its unique architecture, South Yarra Towers has long been admired for its solid construction, generous layouts and unmistakable character. Built during a period when individuality and space were prioritised, the building stands as an enduring landmark along Chapel Street. Its premium location, directly opposite Vogue Plaza, places cafés, supermarkets, specialty stores and transport literally at your doorstep, with the Yarra River, Como Park and world-class dining all moments away. The apartment itself is an exceptional offering. One of the very few dual-level residences in the building, it provides a sense of scale and privacy rarely found in apartment living, feeling far more like a contemporary townhouse than a traditional unit. The split-level design creates natural separation between living and accommodation zones, enhancing both comfort and functionality. Expansive proportions, high ceilings and large windows allow the space to feel open, inviting and filled with natural light-perfect for both quiet living and entertaining. Adding to the appeal, South Yarra Towers has recently undergone a comprehensive building refresh, including new internal and external paintwork, a newly installed roof and a brand-new elevator scheduled for completion in the first quarter of next year. These upgrades ensure residents enjoy long-term security, comfort and an elevated lifestyle experience. Stylish, spacious and architecturally unique, this rare dual-level residence delivers the charm of townhouse living with the convenience of a prime South Yarra address-an unbeatable combination for homeowners and investors alike.

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 504/657 Chapel Street 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 504/657 Chapel Street

2026
Sold
$740,000
19 Feb 2026 by Nathan Danatzis, of Woodards South Yarra

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 51 reviews in South Yarra over the last 12 months.

Local market activity for 2 bedroom apartments in South Yarra

In the last 12 months, 330 two-bedroom apartments similar to 504/657 Chapel Street, have been sold.

This represents a 20% increase in two-bedroom apartments sales when compared to the previous 12 months.

Nearby agents

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

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Mark Konishi

Mark Konishi is a recommended agent for South Yarra.  They have 33 local sales and collected 25 local reviews across the last 12 months.

  •   4.9   (330 reviews)
  •  25 Reviews in South Yarra
  •  33 Sales in South Yarra
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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
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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
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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)
  •  6 Reviews in South Yarra
  •  10 Sales in South Yarra
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