SoldJul 3, 2026

5B/238 Toorak Rd, South Yarra, VIC, 3141

$495,000

2
1
1

Apartment

Sold: Jul 3, 2026

What's around 5B/238 Toorak Rd

Only 14 in the Block. Prime South Yarra. Strong Rental Returns

Only 14 in the Block. Prime South Yarra. Strong Rental Appeal. Positioned in the heart of South Yarra on the iconic Toorak Road, this oversized two-bedroom apartment presents an outstanding opportunity to secure a blue-chip investment in one of Melbourne's most sought-after lifestyle precincts. Set within an exclusive boutique block of only 14 apartments, the residence offers a level of space and character rarely found at this price point. High ceilings and expansive proportions create an immediate sense of openness, while the functional floorplan provides comfortable living with excellent long-term rental appeal. The light-filled living area flows seamlessly into a well-appointed kitchen, while two generous bedrooms are complemented by a central bathroom and separate laundry facilities. Ready to enjoy today with scope to further enhance over time, the apartment represents an ideal combination of immediate income and future upside. For investors, the location speaks for itself. Positioned moments from Chapel Street, Fawkner Park, the Royal Botanic Gardens, Melbourne's CBD and an abundance of cafes, restaurants and public transport options, this is an address that consistently attracts quality tenants and underpins strong rental demand year after year. Whether you're looking for a set-and-forget investment, a city-fringe base or an entry into one of Melbourne's most tightly held suburbs, this is an opportunity to secure a high-performing asset in a location that never goes out of style.

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