17/35 Walsh Street, South Yarra VIC 3141

Oversized split-level apartment | North-west corner position | Heritage overlay | Leafy parkland precinct This unit presents a rare configuration for a one-bedroom apartment, with its split-level design and oversized proportions defying typical expectations in this market. Its secure, rear-positioned layout in a heritage building offers a private, leafy outlook near Fawkner Park, serving professionals or downsizers seeking a distinctive, tranquil residence in a premier location. The combination of architectural character and a privileged park-side address creates a compelling lifestyle proposition not commonly available. Key considerations include the heritage overlay, which limits alteration potential and necessitates specific maintenance. The 2015 sale price above the current estimated value suggests a market recalibration, presenting a potential entry point. This property is best acquired as a long-term hold to capitalise on its unique character and location, rather than for immediate renovation or speculative gain. A Propcred report would precisely quantify its market position, clarify heritage constraints, and identify locality-specific risks for a secure purchase. The last recorded sale was in November 2015 for $640,000. While this provides a historical benchmark, the absence of recent, directly comparable sales in the data necessitates a current, granular valuation to accurately assess its present market price against similar oversized one-bedroom units in the immediate precinct.