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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

7/238 Toorak Road
South Yarra, VIC 3141

$400,000 - $440,000

1
Bed
1
Bath
1
Cars
Property Type: Apartment
Listed Date: 2nd May 2026
Overview

7/238 Toorak Road, South Yarra

Situated on one of Melbourne's most iconic and sought-after boulevards in South Yarra, this north-facing 1970s mid-century apartment offers timeless appeal within a boutique block of only 14 residences. The apartment spans approximately 60 square meters and features soaring 2.3 meter high ceilings and timber floorboards throughout, creating a bright, spacious, and low-maintenance living environment ideal for personal use or immediate rental income potential.

The residence is designed to maximize natural light with a north-facing balcony and living area that flow seamlessly together. Expansive windows invite abundant sunlight, enhancing the open-plan layout and creating an airy atmosphere. The functional kitchen is thoughtfully designed and complemented by a private balcony that extends the living space outdoors, offering leafy outlooks and a tranquil setting.

Low owners corporation fees contribute to affordability without compromising quality. This apartment provides a rare opportunity to enjoy a secure parking space and a serene building presentation in a tightly held pocket of South Yarra. It offers flexibility for investors seeking tenants or for owner-occupiers looking for an easy transition, with no immediate works required.

Located in the heart of South Yarra's vibrant precinct, 238 Toorak Road places residents at the center of inner-city convenience. It is just steps from designer boutiques, cafes, and restaurants of Toorak Village and Chapel Street. South Yarra Station is only 150 meters away, providing effortless access to Melbourne's CBD, which is 3.4 kilometers distant. Nearby amenities include Prahran Market, Fawkner Park, and the Royal Botanic Gardens, as well as elite schools and green spaces, blending prestige with practicality in one of Melbourne's most enduring suburbs.

This low-maintenance, high-potential apartment is exceptionally rare and represents a high-reward living or investment opportunity. It is ready for immediate enjoyment or leasing, offering a lifestyle of convenience, elegance, and connectivity in a prime location.

Location
7/238 Toorak Road
South Yarra VIC 3141
Measurements
Type Dimensions
Floor Area 60 sqm
Market Insights for South Yarra VIC 3141
New Listings (last 30 days)
8
Average price
$609,375
Lowest price
$520,000
Highest price
$850,000
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* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.