8-12 Alexandra StreetSouth Yarra VIC 3141
Property Details for 8-12 Alexandra St, South Yarra
Last Listing description (August 2026)
Unlock exceptional potential with this highly scarce offering: an entire block of nine (9) individually titled apartments in the heart of thriving South Yarra. This is a unique chance for investors, developers, or owner-occupiers seeking significant value-add, immediate income, or strategic landholding in one of Melbourne's most coveted locations.
Why This Opportunity Stands Out:
1. Unmatched Scarcity & Scale: Own a complete, low-maintenance apartment block - a rare chance to secure nine titles in one transaction. Immediate potential for $208,696 p.a. gross rental income.
3. Elite South Yarra Positioning: Enjoy an unbeatable address moments from Melbourne's finest:
* Lifestyle: Chapel Street's boutiques, cafes, restaurants & nightlife. Toorak Road shopping. Prahran Market.
* Recreation: Fawkner Park (directly opposite), Royal Botanic Gardens, Yarra River trails.
* Education: Proximity to Toorak Primary, Prahran High, Melbourne High, Melbourne Girls' College.
* Connectivity: Steps from South Yarra Station, Toorak Road/St Kilda Road trams, Punt Road. Effortless access to the CBD & beyond.
The Asset:
* Three-level, recently renovated apartment building.
* Nine (9) individually titled apartments.
* 5-6 on-site car spaces.
* Walk Score: 98/100 (Walker's Paradise). Everything you need is within a 1km radius.
The Potential:
* Immediate Strong Rental Income: Secure stable cash flow from a fully leased block.
* Value-Add Enhancement: Potential to uplift rents or refurbish for increased returns.
* Strategic Landbank: Hold and capitalise on significant future development upside in this tightly held precinct (STCA).
* Low-Maintenance Investment: Simplify your portfolio with a single, high-performing asset.
Act Now - This Won't Last:
South Yarra opportunities of this scale and location are extraordinarily rare. Secure your future in one of Melbourne's most dynamic and desirable suburbs.
Property History for 8-12 Alexandra St, South Yarra, VIC 3141
- 21 Jul 2026Listed for Sale $4,500,000 - $4,600,000
- 14 Jul 2025Listed for Sale $5,200,000 - $5,500,000
- 04 Oct 2021Listed for Sale Contact Agent
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0About South Yarra 3141
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 26,714 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:
- The median value for Houses in South Yarra is $1,955,285 while the median value for Units is $579,334.
- Houses have a median rent of $910 while Units have a median rent of $630.
Suburb Insights for South Yarra 3141
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