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

1 & 2/15 Chambers Street, South Yarra VIC 3141

$2,250,000 - $2,475,000

Search Band Search Visibility Band

$2.25M - $2.36M Transparent Transparent Listing Based on an openly advertised listing price.

Duplex 4 Beds 2 Baths 3 Cars 299 m²

Listed: 6 days ago

Overview

This substantial mid-century brick duplex in South Yarra offers a rare combination of history, flexibility, and future potential across two separate residences within one property. Having remained within one family for approximately 80 years, the property now presents a unique opportunity for a new owner to acquire a sizeable holding of 299.5 square metres in an increasingly sought-after suburb.

The building’s inherent character and scale contribute to a strong sense of permanence, complemented by generous and practical accommodation layouts across both residences. The properties feature separate living areas and updated sections in kitchens and bathrooms, providing immediate functionality while offering scope for purposeful renovation to enhance and personalize the home at a later stage.

With three-car parking at the rear and side access, the property's usability is underpinned by a versatile outdoor space suitable for various lifestyle needs. The dual-residence setup supports multiple options: it can continue as an income-producing asset with dual rentals, be ideal for a multigenerational family seeking long-term residence, or serve as a foundation for redevelopment or substantial improvement subject to approvals.

Situated within South Yarra, a prestigious and tightly held location known for its blend of urban convenience and refined atmosphere, this property offers unique potential seldom found in the area. The site’s flexibility and the discretion it offers the purchaser enhance its appeal, establishing it as a highly practical and promising holding for a diverse range of buyers.

Local Market Insights

In South Yarra, Quiet Listings observed 2 new duplexes entering the market over the last 30 days, with an average advertised asking price of $2,250,000. The property type mix of listed properties is predominantly Apartments at 61%, followed by houses (31%), and commercial properties (4%). The most active agency for duplexes in the South Yarra area is currently Williams Batters, representing 50% of new listings, followed by Woodards Real Estate with 50%. 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.