506/700 Chapel St, South Yarra is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2000. The property has a land size of 17169m2. While the property is not currently for sale or for rent, it was last sold in February 2012.
ENJOY THE CONVENIENCE, SPACE & A SUNNY NORTH ASPECT
THIS EXTRA SPACIOUS NORTH FACING 2 BEDROOM APARTMENT SET IN THE HEART OF SOUTH YARRA IS THE PERFECT SUN DRENCHED HOME OR HIGH YIELDING INVESTMENT. COMPLEMENTED BY STYLISH FIXTURES, FITTINGS AND FLOOR TO CEILING WINDOWS ALLOWING THE NATURAL LIGHT TO FLOOD INSIDE THE OPEN PLAN LIVING/DINING TAKING FULL ADVANTAGE OF THE ASPECT AND YOU'LL ENJOY ALFRESCO LIVING WITH THE LARGE ADJOINING BALCONY YOU CAN ENTERTAIN ALL YOUR FRIENDS WITH EASE. THE FULLY FUNCTIONAL STAINLESS STEEL KITCHEN IS PERFECT FOR THE MASTER CHEF AND COMES COMPLETE WITH DISHWASHER AND PLENTY OF STORAGE WHICH INCLUDES A LARGE MOVEABLE ISLAND BENCH/BREAKFAST BAR. BOTH DOUBLE BEDROOMS ARE EXCELLENT SIZES WITH GREAT MIRRORED BIRS AND THE MASTER ALSO HAS THE BENEFIT OF A PRIVATE ENSUITE. THERE IS A SEPARATE MAIN BATHROOM WITH EURO LAUNDRY AND THERE IS ADDITIONAL STORAGE IN THE ENTRY HALL VIA 2 LARGE CUPBOARDS. FURTHER ENHANCED VIA SECURE ENTRY (VIDEO INTERCOM), 2 SECURE BASEMENT CAR SPACES, AND ACCESS TO STATE OF THE ART FITNESS CENTRE WITH GYM, POOL, SAUNA AND SPA AND IS CONVENIENTLY LOCATED CLOSE TO THE MANY BOUTIQUES, RESTAURANTS AND CAFES OF CHAPEL STREET, THE ROYAL BOTANICAL GARDENS AND A SHORT STROLL TO TRAMS, TRAINS AND BUSES. THIS APARTMENT IS CONVENIENT INNER CITY LIVING AT ITS VERY BEST.
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 26,601 properties. Over the last 5 years, Houses in South Yarra have seen a -19.78% decrease in median value, while Units have seen a -7.48% decrease. As at 31 August 2026:
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