4502/1 Almeida Crescent
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About this property
To arrange a private inspection, please contact Tina Chauhan on 0481 048 011. Take the opportunity to live in this deluxe three-bedroom apartment on the 45th floor of Capitol Grand, offering world class appointments and uninterrupted views from your living spaces. This well thought out floorplan offering three bedrooms, two bathrooms (ensuite to the master), separate laundry and plenty of storage. All three bedrooms have carpet and built in robes, the master bedroom includes en-suite with bath and stunning views, additional built in robes.. Your kitchen is perfect for entertaining, natural stone benchtops, fit out with Gaggenau appliances including induction cook top, rangehood, dishwasher, microwave oven, built in fridge and freezer, island bench and plenty of additional storage. Throughout this stunning apartment, luxurious Herringbone timber flooring, four car spaces, storage cages, ducted heating and cooling, cabled network and NBN FTN ready and an abundance of storage. Exclusive privilege usage of The Azure Club, offering a place of solace among the sparkling lights of Melbourne's city skyline. Azure club amenities include Infinity pool, gym, meeting/dining room with attached kitchen, lounge and separate lifts. This is in addition to the Deck including 25-metre lap swimming pool, jacuzzi style spa, sauna, steam room, fully equipped gymnasium, 20 seat cinema room, BBQ pod areas, private meeting/dining room, library, communal lounge area and much more. Capitol Grand offers an opportunity to secure a highly desirable residence. All of South Yarra's charms are right at your fingertips with 24-hours Front Desk & Concierge Service. To arrange a private inspection, please contact Tina Chauhan on 0481 048 011.
Property Details
- Property Type
- apartment
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Parking
- 2
- Listed
- 3 months ago
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Upfront costs
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Neighbourhood
Living in South Yarra
This 3-bedroom apartment in South Yarra, VIC 3141 sits within reach of public transport, local shops and nearby schools. It is listed 536% above the $700,000 median of 73 comparable apartmentswithin 5 km.
Schools near South Yarra
- Kamarukacombined · 2-10 · Boys
- Kamaruka - Primary Campuscombined
- Melbourne Girls Grammarcombined · Prep-12 · Girls
- Melbourne Girls Grammar - Morris Hall Campuscombined
- Christ Church Grammar Schoolprimary · Prep-6 · CoEd
- South Yarra Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- South Yarra 4 (train) — 265 m away
- Cignall — 140 m away
- Unnamed — 160 m away
- Unnamed — 235 m away
- Arthur Street Pocket Park — 280 m away
South Yarra at a glance
Full suburb profile- Population
- 25,028
- Median age
- 33
- Household income
- $2,063/wk
- Median rent
- $415/wk
- Median mortgage
- $2,100/mo
Source: ABS Census.
Due diligence
Property Report
Future Development
South Yarra remains a high-demand inner-city suburb with continued residential intensification, particularly around Chapel Street and the Domain precinct. Development activity is focused on heritage-sensitive mixed-use and apartment projects, alongside public realm improvements connecting to the Yarra River. Council approval pipeline reflects strong market demand for boutique medium-density residential combined with retail and cultural uses.
Nearby projects
6
Closest
0.3 km
Chapel Street Heritage Apartments
Distance from this property is exact (rings = km). Direction is illustrative.
Chapel Street Heritage Apartments
0.3 kmMulti-level residential development with ground-floor retail on Chapel Street, respecting heritage precinct controls.
2026
Recent Residential Apartment DAs
0.4 kmMultiple small to medium-scale residential apartment applications typical of the precinct's ongoing intensification.
Domain Precinct Mixed-Use Development
0.5 kmMajor mixed-use redevelopment incorporating residential apartments, retail and hospitality on the Domain precinct site.
2025
Arts Lane Precinct Renewal
0.6 kmCultural and creative hub development including artist studios, galleries and café spaces in a heritage laneway.
2025
St Edmonds Road Townhouses
0.8 kmMedium-density townhouse development across multiple lots with shared basement parking.
2024
Yarra River Activation Project
1.2 kmPublic realm and riverfront activation works including parks, cycling paths and pedestrian connections along the Yarra.
2024-2025
Suburb market
Suburb price trend
South Yarra price trend
Median sold · Unit 3 bed
Compound growth +0.4% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full South Yarra marketThis listing
Price history
Price history
Listing price changes
1 price change recorded for this property
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