Cushman & Wakefield is pleased to present Units 1-12, 65 Tivoli Road, South Yarra for sale via Expressions of Interest closing Thursday, 30th April at 2:00 PM (AEST).This rare full-block offering presents a unique opportunity to acquire a collection of twelve apartments in one of Melbournes most sought-after prestige suburbs. Located in a high-demand rental market, the property offers strong income potential and long-term investment flexibility, with strong development upside.Key Property Features:- 12 strata-titled one-bedroom apartments across three levels- Six on-site car spaces- Generous site area of 619 sqm* zoned Neighbourhood Residential Zone (NRZ-2)- Proposed inclusion in the inner-catchment area of the South Yarra Activity Centre - Current gross annual rent over $234,520 per annum from private market rent- Frontage to Tivoli Road of 18m and rear laneway access - Proximity to the Royal Botanic Gardens and The Yarra River - Strong rental demand driven by proximity to key lifestyle precincts such as Chapel Street, Toorak Road and Church Street Richmond - Only 500m* to South Yarra Train Station and 350m* to the No.58 tram - The property offers immediate rental income with scope to value-add, reconfigure or completely redevelop (STCA)- Prestige suburb with a median house price of $2.1m^*Approx.^REIVFor further details, please contact Cushman & Wakefield:Hamish Burgess | +61 421 641 497Joe Kairouz | +61 421 430 638Leon Ma | +61 417 070 725*Approximately
The size of South Yarra is approximately 3.6 square kilometres. There are 19 parks, covering nearly 19.1% of the total area. The population of South Yarra in 2016 was 25147 people. By 2021 the population was 25028 showing a population decline of 0.5% 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 2021, 35.50% of the homes in South Yarra were owner-occupied compared with 32.60% in 2016.
South Yarra has 26,713 properties. Over the last 5 years, Houses in South Yarra have seen a -17.13% decrease in median value, while Units have seen a -9.17% decrease. As at 31 July 2026:
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