8/7-11 Clowes St, South Yarra is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 503m2 and floor size of 67m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in South Yarra in the last 12 months.
Expressions of Interest Closing Tuesday 27th February at 3pm
Set high above it all, with sweeping city views and just moments away from the iconic Yarra River and Royal Botanic Gardens, this top-floor two-bedroom apartment stands as a diamond in the rough, awaiting transformation by savvy investors or discerning first-time homebuyers. Beyond its secure entry, the apartment presents a sunlit living room with a north-west orientation, a modest kitchen and meals area, and two robed bedrooms offering endless possibilities for personalization. While the current state is unassuming, its untapped potential is undeniable. The bathroom, complete with laundry provisions and a separate toilet, contributes practical elements to daily living, whilst off-street parking adds a layer of inner-city convenience. For investors with a keen eye, the prospect of a stylish revamp promises to significantly elevate the property's value. Indulge in the vibrant lifestyle surrounding you, where trendy cafes, restaurants, city-bound transport, and scenic river trails are all within arm's reach and seize the opportunity to redefine and realise the potential superbly positioned apartment.
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 25,731 properties. Over the last 5 years, Houses in South Yarra have seen a 20.24% increase in median value, while Units have seen a 0.31% increase. As at 31 August 2024:
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