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8 Alexandra Street, South Yarra$4.88m
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8 Alexandra Street

South Yarra, VIC 3141, Australia
$4.80m – $4.95m
9 bed 9 bath 5 car500 m²

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About this property

Unlock exceptional potential with this highly scarce offering: an entire block of nine (9) individually titled apartments in the heart of thriving South Yarra. This is a unique chance for investors, developers, or owner-occupiers seeking significant value-add, immediate income, or strategic landholding in one of Melbourne's most coveted locations. Why This Opportunity Stands Out: 1. Unmatched Scarcity & Scale: Own a complete, low-maintenance apartment block - a rare chance to secure nine titles in one transaction. Immediate potential for $208,696 p.a. gross rental income. 2. Prime Land Value: Positioned on a substantial 500sqm block (approx.) with a commanding 19.85m frontage to Alexandra Street. Strong underlying land value offers exceptional future development potential (STCA). 3. Elite South Yarra Positioning: Enjoy an unbeatable address moments from Melbourne's finest: * Lifestyle: Chapel Street's boutiques, cafes, restaurants & nightlife. Toorak Road shopping. Prahran Market. * Recreation: Fawkner Park (directly opposite), Royal Botanic Gardens, Yarra River trails. * Education: Proximity to Toorak Primary, Prahran High, Melbourne High, Melbourne Girls' College. * Connectivity: Steps from South Yarra Station, Toorak Road/St Kilda Road trams, Punt Road. Effortless access to the CBD & beyond. The Asset: * Three-level, recently renovated apartment building. * Nine (9) individually titled apartments. * 5-6 on-site car spaces. * Walk Score: 98/100 (Walker's Paradise). Everything you need is within a 1km radius. The Potential: * Immediate Strong Rental Income: Secure stable cash flow from a fully leased block. * Value-Add Enhancement: Potential to uplift rents or refurbish for increased returns. * Strategic Landbank: Hold and capitalise on significant future development upside in this tightly held precinct (STCA). * Low-Maintenance Investment: Simplify your portfolio with a single, high-performing asset. Act Now - This Won't Last: South Yarra opportunities of this scale and location are extraordinarily rare. Secure your future in one of Melbourne's most dynamic and desirable suburbs.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
9
Bathrooms
9
Parking
5
Land Area
500 m²
Listed
3 months ago

Repayment calculator

$23,634/month
$11,817 /fortnight
Loan $3,900,000 at 6.10% over 30 years

Upfront costs

Deposit$975,000
Stamp duty$296,875
Conveyancing (est.)$2,000
Total upfront$1,273,875
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in South Yarra

This 9-bedroom apartment in South Yarra, VIC 3141 sits within reach of public transport, local shops and nearby schools. It is listed 282% above the $1.27m median of 60 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

  • Lang Street/Punt Road (bus)66 m away
  • French Fantasies273 m away
  • MacFarlan Street Reserve133 m away
  • Caroline Gardens183 m away
  • Unnamed432 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.

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Suburb market

Suburb price trend

South Yarra price trend

Median sold · Unit 1 bed

Compound growth -1.9% / yr over 4 yrs

$375kcurrent median

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Price history

Price history

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