Back 505/243 Toorak Road
Active

505/243 Toorak Road

South Yarra VIC 3141

1
1
Apartment
Currently for sale - view listing

Overview

Exquisite 1-Bedroom Apartment with Ensuite

Currently leased until 11 July 2027 at $700 per week ($3,042 per calendar month), this exceptional apartment offers immediate rental income in one of Melbourne's most prestigious residential developments. Private inspections available by appointment. Contact Tina Chauhan on 0481 048 011. Experience the coveted lifestyle embraced by the sophisticated residents of South Yarra. Located within the iconic Capitol Grand, Melbourne's landmark 6-star development, this beautifully appointed one-bedroom residence presents an outstanding opportunity to secure a premium investment today while enjoying the flexibility of future owner occupation. Positioned moments from Chapel Street, Toorak Road, South Yarra Station and The Tan, you'll enjoy one of Melbourne's most desirable lifestyle locations, where boutique shopping, renowned restaurants, cafés, parklands and public transport are all just a short stroll away. Designed with a superlative layout and an elegant light colour palette, this luxury apartment showcases premium finishes and exceptional attention to detail throughout. Apartment Features - Secure lease returning $700 per week until 11 July 2027 - Premium Gaggenau kitchen appliances including cooktop, self-cleaning oven and integrated dishwasher - Stone benchtops and full-height stone splashbacks - Spacious open-plan living and dining with elegant timber flooring - Floor-to-ceiling windows flooding the apartment with natural light - Generous bedroom featuring luxurious wool and viscose carpet, extensive built-in robes and direct ensuite access - Designer bathroom with full-height tiling and heated towel rails - Large south-facing balcony overlooking vibrant Toorak Road - Secure lockable storage cage - World-Class Resident Amenities As Melbourne's pioneering 6-star residential development, Capitol Grand offers residents an unrivalled lifestyle with exclusive access to: - 24-hour concierge and front desk service - Indoor swimming pool - Spa, sauna and steam room - Fully equipped gymnasium - Private cinema - BBQ pod entertaining areas - Private dining facilities - Resident library and lounge - Games room - Beautifully appointed communal spaces Whether you're seeking a premium investment with immediate income or securing a future home in one of Melbourne's most exclusive addresses, this residence delivers luxury, convenience and outstanding long-term appeal in the heart of South Yarra. Lease Details Lease Expiry: 11 July 2027 Rental Return: $700 per week Monthly Rent: $3,042 per calendar month Private inspections available by appointment. Contact Tina Chauhan on 0481 048 011.

Features

1 bedroom
1 bathroom
Apartment

Property history for 505/243 Toorak Road

2025
Rented
Undisclosed
Leased on 07 Jul 2025 by Amity Property Group

Happy sellers in South Yarra

85%
85% 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 47 reviews in South Yarra over the last 12 months.

Local market activity for 1 bedroom apartments in South Yarra

In the last 12 months, 273 one-bedroom apartments similar to 505/243 Toorak Road, have been sold.

This represents a 5% increase in one-bedroom apartments sales when compared to the previous 12 months.

© 2026 RateMyAgent