6/14 Lascelles Avenue, Toorak VIC 3142

Prime Toorak location | Rare 3-car parking with storage | Spacious 224sqm total area | Strong building demand signals | Undersold relative to recent comparables. This property offers a rare configuration edge in Toorak: a large three-bedroom apartment with three dedicated car spaces and storage, totaling 224 square meters. The building’s recent sales show strong capital growth, with unit 2/14 appreciating from $3.6 million to $3.85 million within 15 months. For a buyer seeking a premium address with genuine space and parking, this unit is competitively positioned below recent building benchmarks, making it suitable for owner-occupiers or investors targeting long-term hold in a tightly held suburb. The primary risk is the undisclosed 2022 purchase price, which may limit short-term upside if bought near peak. However, the March 2026 sale of unit 1/14 at $1.65 million suggests some market softening, presenting a potential entry point. The buyer should negotiate firmly, using the building’s volatile sales history as leverage. Hold for at least five years to capture Toorak’s enduring demand, or occupy immediately to maximize lifestyle value.