1-1a Darling St, South Yarra is a 5 bedroom, 3 bathroom Unit. The property has a land size of 714m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 5 bedroom Unit sold in South Yarra in the last 12 months.
Expressions of Interest Closing on Tuesday 9th April at 3pm
Occupying a prized 714 sqm (approx) parcel of land, mere footsteps from the Yarra River, a stone's throw from the Royal Botanic Gardens, and neighbouring South Yarra's landmark Beverly Hills flats, this unique elevated property originally designed by Howard Lawson c1920, boasts three individual apartments spread across three levels, presenting a versatile investment prospect with multiple avenues for lucrative returns. Each separate, fully-contained apartment offers distinct living spaces, one or two bedrooms, and a private outdoor area, providing flexibility for various buyer preferences and investment strategies. Given its prime location and development potential, with suitable Council approvals, the possibility exists to modernise the current floorplan, redevelop the property by renovating the existing structure into one expansive multi-level home, or construct a new residential building on the site, maximising its value. Whatever your plan, the property is poised for capital appreciation over the long term, suggesting a robust return on investment for discerning buyers.
The size of South Yarra is approximately 3.6 square kilometres. It has 19 parks covering nearly 19.1% of total area. The population of South Yarra in 2011 was 19,134 people. By 2016 the population was 25,143 showing a population growth of 31.4% in the area during that time. The predominant age group in South Yarra is 20-29 years. Households in South Yarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in South Yarra work in a professional occupation. In 2011, 36.8% of the homes in South Yarra were owner-occupied compared with 32.6% in 2016.
South Yarra has 25,726 properties.
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