For Sale

1402/229 Toorak Rd, South Yarra, VIC, 3141

$390,000 - $410,000

1
1
1
46 m²
41.7 m²

Apartment

30+ days on the market

Next inspection:
Tuesday 25 August 6:00 PM
View agent price guide

Inspection times

Tuesday

What's around 1402/229 Toorak Rd

Exceptional Investment Opportunity in South Yarra

Perfectly positioned in one of Melbourne's most vibrant lifestyle precincts, this beautifully presented one-bedroom apartment offers contemporary comfort, effortless convenience, and an exceptional opportunity for first home buyers, professionals, and investors alike. For investors, this property presents an outstanding opportunity to secure a high-yielding asset with strong rental appeal. With the potential to achieve approximately $600–$650 per week in rental income, it offers an attractive combination of rental return at 7% rental yield, tenant demand and long-term capital growth potential. Thoughtfully designed to maximise space and natural light, the open-plan living and dining area flows seamlessly onto a private balcony, creating the perfect setting to enjoy your morning coffee or unwind at the end of the day. The modern kitchen is appointed with quality appliances, sleek cabinetry, and stone benchtops, delivering both style and practicality for everyday living. The generously proportioned bedroom features built-in robes and is complemented by a stylish ensuite finished with quality fixtures and fittings, creating a comfortable and private retreat. Completing the home is the added convenience of a secure car space, a highly sought-after inclusion in this premium inner-city location. Situated within a secure building with lift access, this residence places you just moments from the renowned cafés, restaurants, boutique shopping, and nightlife of Toorak Road and Chapel Street. South Yarra Station, city-bound trams, the Como Centre, and the Yarra River's scenic walking trails are all within easy reach, delivering an enviable lifestyle with every convenience at your doorstep. Offering the perfect blend of style, location, and low-maintenance living, this is an outstanding opportunity to secure your place in the heart of South Yarra.

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