401/700 Chapel St, South Yarra is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2004. The property has a land size of 17169m2 and floor size of 98m2. While the property is not currently for sale or for rent, it was last sold in June 2025.
Occupying a prime corner position, this residence boasts a large wraparound balcony with panoramic outlooks over the iconic Chapel Street-an ideal setting for those seeking a modern, low-maintenance lifestyle with a luxurious inner-city edge. From the moment you step inside, you're welcomed by a sense of openness and brightness. The expansive open-plan living and dining area is framed by floor-to-ceiling windows, allowing natural sunlight to fill the space and offering a seamless connection to the outdoors.The well-appointed kitchen is both sleek and functional, equipped with modern appliances, stone benchtops, movable kitchen island and ample storage - ideal for everyday living.Both bedrooms are generously sized compared to most bedrooms you would find in the area. The master bedroom includes built-in robes and a stylish modern ensuite, creating a comfortable and private retreat.Additional features of the apartment include reverse cycle A/C, secure basement parking, an intercom entry system, and a European-style laundry.As a resident of SY21 South Yarra, you'll also enjoy access to premium building amenities such as an indoor heated swimming pool, a fully equipped gymnasium, a sauna, landscaped communal gardens, and the convenience of on-site building management.Ideally positioned moments from public transport, Yarra River trails, Como Park, and the vibrant retail, dining, and nightlife of Chapel Street, this apartment offers a lifestyle of comfort, convenience, and contemporary sophistication.
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 26,705 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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