102/727 Malvern Road, Toorak VIC 3142

Private lift entry | three ensuite bedrooms | K2LD design | flood overlay noted | boutique block of ten The property’s primary buying case rests on its scarcity. With only nine other residences in Heartwood, buyers secure a level of exclusivity that larger developments cannot replicate. The K2LD architecture and Paul Bangay landscaping are not merely aesthetic; they underwrite long-term capital preservation in Toorak’s prestige market. Each bedroom having its own ensuite and balcony access is unusual in a flat of this size, effectively giving three master suites. The private lift entry and separate home office position this unit for downsizers or professionals who require both privacy and the ability to entertain without compromise. For a buyer seeking a lock-and-leave residence with genuine architectural credentials, this is a rare configuration. The flood overlay demands serious attention. While the building’s elevated design may mitigate risk, a qualified inspection is non-negotiable before commitment. The asking price sits below the estimated market value range, which suggests either a motivated vendor or a pricing strategy to generate competition. Either way, it creates a window for a buyer to negotiate from a position of strength. The rental estimate of $1,460 per week indicates strong income potential if circumstances change, though this property is best held as a primary residence given its design intent. Use it as a Toorak base and let the boutique nature of the building do the work of preserving your position.