16 Oxford Street

This captivating Victorian home blends timeless period character with modern functionality, perfectly positioned in one of South Yarra's most sought-after pockets. Beyond the pretty façade lies a three bedroom main home plus two fully self contained bedrooms providing exceptional versatility. The main residence features soaring ceilings and original period detailing and offers a flexible floorplan comprising three generously proportioned bedrooms (two with open fireplaces, built-in robes and own ensuites and the third bedroom serviced by a stylish contemporary bathroom), a spacious central living area and separate dining space and a newly renovated kitchen that flows seamlessly to the private rear garden perfect for alfresco entertaining. In addition, separated by the delightful courtyard, are two fully self contained bedrooms, each with built-in robes and own ensuite providing flexibility for extended family or guests. Set on a deep allotment, the property provides excellent scope to add value, with the potential for a lock-up garage via side and rear ROW (right of way). The property includes approved plans and permits for a stunning two-storey, three-bedroom residence with open-plan living, plus a double garage at the rear featuring an independent studio loft with private entry, accessible via a rear laneway. Superbly located with Chapel Street's boutiques, restaurants, bars, and cafes just moments away. Walk to the Jam Factory, Prahran Market, Como Park, or enjoy excellent public transport options including South Yarra Station and multiple tram lines. An exceptional opportunity whether you're looking for a beautiful family home, a high-performing investment, or a combination of both, this property offers endless possibilities. Note: Currently a fixed term lease is in place until 6 March 2026 at $925 per week. Including the Short Stay accommodation, The property generates an impressive rental yield, of approximately $80,000 per annum.