109 Osborne Street, South Yarra, VIC, 3141 - BlockOfUnits Sold on 17 11 2025

SoldNov 17, 2025

109 Osborne Street, South Yarra, VIC, 3141

Amount undisclosed

587 m²

BlockOfUnits

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30+ days on the market

Sold: Nov 17, 2025

What's around 109 Osborne Street

RARE SOUTH YARRA INVESTEMENT WITH DEVELOPMENT POTENTIAL

Open For Inspection: 12pm - 12.30pm, Thursday 9 October 2025. Lemon Baxter is delighted to exclusively present 109 Osborne Street, South Yarra a rare chance to secure a classic 1960s apartment block in one of Melbourne's most prestigious residential markets. Set on a 587 m² landholding*, the property comprises 12 apartments (11 leased, 1 vacant), generating a strong income stream with clear upside through leasing, refurbishment, strata sell-down, or redevelopment (STCA). Key Features: - Land area: 587 m²* - Improvements: 12 apartments 11 leased, 1 vacant - Income: $230,459 p.a. with potential to $250,190 p.a. fully let - General Residential Zone (GRZ) flexible development/repositioning potential - High-demand rental precinct with exceptional lifestyle amenity Investment Highlights: - Blue-chip South Yarra freehold tightly held and rarely available - Strong income with immediate upside potential - Flexible strategies: hold, refurbish, sell-down, or redevelop (STCA) - Abundant off-street car parking for all units - Exceptional long-term growth supported by South Yarra's prestige appeal Location & Public Transport: - Short walk to South Yarra Station and Prahran Station - Tram routes along Chapel Street and Toorak Road - Only minutes to Melbourne CBD - Surrounded by premier retail, dining, and lifestyle amenity including Fawkner Park and the Royal Botanic Gardens 109 Osborne Street offers investors a blue-chip foothold in Melbourne's most sought-after inner suburb secure income today with multiple pathways for tomorrow. For Sale via Expressions of Interest, closing Wednesday, 29th October 2025 at 12:00PM (AEDT).