SOLD
Sold on 07 Apr 2024 for $470,000

701/47 Claremont Street
South Yarra VIC 3141

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 61m2
Sold By
Twig Real Estate
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Property Details for 701/47 Claremont St, South Yarra

701/47 Claremont St, South Yarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in South Yarra in the last 12 months.

Building Type
Unit
Year Built
2015
Floor Size
61m2
Local Government
Stonnington
Lot/Plan
701/PS727815

Last Listing description (April 2024)

Nestled within the vibrant revitalized Forrest Hill precinct, Prime Tower stands tall as a beacon of contemporary elegance and urban sophistication. With its striking art-inspired architectural facade, this esteemed residence offers fifteen levels of luxury apartments meticulously crafted to embody convenience and practicality.

Step inside and be enveloped by the timeless allure of this contemporary property. Polished neutral interiors, complemented by rich timber floors and pristine white stone counters, create an atmosphere of understated luxury and refinement. Designer cabinetry and exquisite tiling further enhance the aesthetic appeal, ensuring a seamless blend of style and functionality.

The apartment features two plush carpeted bedrooms, each adorned with signature framed mirrored built-in robes, offering both comfort and elegance. The central bathroom boasts a large walk-in shower, stylish fittings and discreet euro laundry facilities.

The light-filled open-plan living zone serves as the heart of the home, offering a flexible space for relaxation and entertainment. With split system heating/cooling ensuring year-round comfort, this space seamlessly transitions to a balcony, providing the perfect setting for al fresco dining and entertaining.

Featuring a modern galley kitchen, equipped with integrated 'Smeg' appliances including oven, cooktop, and dishwasher, all accentuated by a distinctive metallic mosaic splashback that adds a touch of sophistication to the space.

Residents of Prime Tower enjoy an array of exclusive amenities, including security intercom entry, dual lifts, secure parking, and bicycle bays. Ascend to the landscaped rooftop and discover additional al fresco entertaining and dining areas, all framed by stunning panoramic views of the city skyline.

Perfectly positioned between the tranquility of Forrest Hill and the vibrant energy of Toorak Road and Chapel Street, this premium apartment offers easy access to trams, trains, and the CBD, ensuring a peerless inner-urban lifestyle for discerning residents. With the property currently vacant and ready to move in, seize this opportunity to experience the epitome of luxury living in one of Melbourne's most sought-after precincts.

Investors will set and forget this perfectly positioned rental, while owner-occupiers can take advantage of the amazing opportunity on offer. For any queries or to book a private inspection, please do not hesitate to contact Annamaria on 0481 602 108

Property History for 701/47 Claremont St, South Yarra, VIC 3141

A timeline of how this property has performed in the market
Last Sold
$470,000
07 Apr 2024
Listed for Rent
$450/w
24 Jan 2022
  • 07 Apr 2024
    Sold for $470,000
  • 14 Jan 2022
    Listed for Rent $450 / week
  • 02 Aug 2021
    Listed for Rent - Price not available
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About South Yarra 3141

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 25,493 properties. Over the last 5 years, Houses in South Yarra have seen a 6.39% increase in median value, while Units have seen a -3.84% decrease. As at 31 October 2024:

  • The median value for Houses in South Yarra is $2,115,046 while the median value for Units is $599,695.
  • Houses have a median rent of $725 while Units have a median rent of $588.
There are currently 72 properties listed for sale, and 51 properties listed for rent in South yarra on OnTheHouse. According to CoreLogic's data, 1081 properties were sold in the past 12 months in South yarra.

Suburb Insights for South Yarra 3141

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.