1/28 Mathoura Road, Toorak VIC 3142

City skyline views | boutique block of four | north-west aspect | oversized living room This apartment presents a rare opportunity to secure three bedrooms in a tightly held block of only four, in a premium Toorak pocket between two vibrant villages. The north-west aspect and oversized living room with city views are the primary competitive advantages, offering light and space that newer developments rarely match. It is best suited to downsizers seeking single-level living with walkability, or investors targeting long-term capital growth in a low-density prestige setting. The gas log fireplace and zoned ducted heating add genuine comfort and year-round appeal. The single bathroom is the most material limitation, potentially narrowing the buyer pool and capping future resale value relative to modern three-bedroom apartments. The older-style finish and shared laundry facilities suggest the property has not been substantially updated, which may require a budget for cosmetic improvements to optimise rental yield or owner-occupier appeal. However, the 114 sqm internal footprint and lockable storage offer flexibility that outweighs these considerations for the right buyer. Hold this property for its location and scarcity; it is unlikely to be replicated in this price bracket.