8 Alexandra Street

South Yarra VIC 3141

500 m²

Apartment

Currently for sale - view listing

Overview

RARE OPPORTUNITY to Acquire an Entire Block of 9 Titled Apartments in Premier South Yarra

Unlock exceptional potential with this highly scarce offering: an entire block of nine (9) individually titled apartments in the heart of thriving South Yarra. This is a unique chance for investors, developers, or owner-occupiers seeking significant value-add, immediate income, or strategic landholding in one of Melbourne's most coveted locations. Why This Opportunity Stands Out: 1. Unmatched Scarcity & Scale: Own a complete, low-maintenance apartment block - a rare chance to secure nine titles in one transaction. Immediate potential for $208,696 p.a. gross rental income. 2. Prime Land Value: Positioned on a substantial 500sqm block (approx.) with a commanding 19.85m frontage to Alexandra Street. Strong underlying land value offers exceptional future development potential (STCA). 3. Elite South Yarra Positioning: Enjoy an unbeatable address moments from Melbourne's finest: * Lifestyle: Chapel Street's boutiques, cafes, restaurants & nightlife. Toorak Road shopping. Prahran Market. * Recreation: Fawkner Park (directly opposite), Royal Botanic Gardens, Yarra River trails. * Education: Proximity to Toorak Primary, Prahran High, Melbourne High, Melbourne Girls' College. * Connectivity: Steps from South Yarra Station, Toorak Road/St Kilda Road trams, Punt Road. Effortless access to the CBD & beyond. The Asset: * Three-level, recently renovated apartment building. * Nine (9) individually titled apartments. * 5-6 on-site car spaces. * Walk Score: 98/100 (Walker's Paradise). Everything you need is within a 1km radius. The Potential: * Immediate Strong Rental Income: Secure stable cash flow from a fully leased block. * Value-Add Enhancement: Potential to uplift rents or refurbish for increased returns. * Strategic Landbank: Hold and capitalise on significant future development upside in this tightly held precinct (STCA). * Low-Maintenance Investment: Simplify your portfolio with a single, high-performing asset. Act Now - This Won't Last: South Yarra opportunities of this scale and location are extraordinarily rare. Secure your future in one of Melbourne's most dynamic and desirable suburbs.