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520/8 Daly Street, South Yarra VIC 3141

$485,000

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$485k - $509k Transparent Transparent Listing Based on an openly advertised listing price.

Apartment 2 Beds 1 Bath

Listed: 4 days ago

Updated: 11 hours ago

Overview

Situated in the highly desirable Lucia development, this two-bedroom apartment offers a harmonious blend of contemporary design and practical living ideally suited for owner-occupiers and investors seeking convenience and lifestyle in South Yarra.

The apartment's bright and airy open-plan living and dining area is enhanced by large windows on two sides, fostering a connection to natural light and the full-width balcony. This outdoor space provides a refreshing extension for relaxation or social gatherings, elevating everyday living.

An adjoining kitchen is strategically positioned for easy access and seamless interaction with the living zone, supporting both casual meals and entertaining with efficiency.

The bedrooms are thoughtfully arranged to maximize privacy, each equipped with built-in robes and natural light through external windows, catering well to individuals or couples valuing personal space.

The central bathroom incorporates laundry facilities, completing a functional layout that maximizes utility without compromising comfort.

Residents benefit from a suite of amenities including a swimming pool, gymnasium, sauna, and communal entertaining areas, underscored by the presence of a dedicated building manager, which enhances security and community engagement.

Beyond the apartment itself, the location affords immediate access to Chapel Street and Toorak Road, known for their vibrant cafes, restaurants, boutiques, and supermarkets. Proximity to South Yarra Station and tram networks ensures excellent connectivity to Melbourne's CBD and neighbouring suburbs, making it an attractive prospect for professionals and those valuing easy transportation.

This property represents a stylish, low-maintenance urban sanctuary that embraces South Yarra’s dynamic lifestyle conveniences.

Local Market Insights

In South Yarra, Quiet Listings observed 43 new apartments entering the market over the last 30 days, down from 51 during the previous 30-day period, with an average advertised asking price of $1,255,581. The property type mix of listed properties is predominantly Apartments at 66%, followed by houses (26%), and units (3%). The most active agency for apartments in the South Yarra area is currently Belle Property, representing 26% of new listings. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.