4/264 Williams Road, Toorak VIC 3142

Ground-floor unit in boutique eight-residence complex | secure dual parking | walk to Hawksburn and Toorak Villages | no overlays | below estimated market valuation. This ground-floor residence in ‘The Poplars’ presents a competitively strong proposition for a specific buyer profile, defined by its secure, low-maintenance position within a prestigious address. Its rarity stems from being one of only eight units on a substantial land parcel, offering a private, garden-oriented entry that is uncommon for the price point in Toorak. The dual car spaces and proximity to elite schools and village amenities directly serve downsizers or professionals seeking a lock-and-leave lifestyle without compromising on location. This property’s current asking range sits notably above its estimated value, but its boutique scale and lack of development overlays provide a stable, low-density holding in a market dominated by larger, more volatile assets. Proceed with the clear risk that you are paying a significant premium for the Toorak postcode and complex character, as the price guidance is approximately 50% above the core estimated value. The commercial logic relies entirely on the sustained demand for well-configured, smaller units in this suburb from the affluent retiree and investor segments. Recent sales within the same complex demonstrate that two-bedroom configurations can achieve close to the $940,000 mark, validating demand. Your decision hinges on accepting the location premium as a long-term entry cost; this property is best acquired as a permanent downsizing move or a very long-term hold to absorb the initial overcapitalisation, not as a short-term investment vehicle. Recent comparable sales indicate the local appetite for boutique complex living: – 3/264 Williams Rd (same complex): 2 bed, 2 bath, 1 car, sold for an estimated $940,000. – 13/264 Williams Rd (same complex): 3 bed, sold for an estimated $1,087,000. – 1/270 Williams Rd: 1 bed, 1 bath, sold for an estimated $393,000. – A nearby 3 bed, 2 bath unit at 730m² sold for $781,000 after 25 days on market. This data confirms that two-bedroom units in this specific complex command a substantial price premium over broader area comparables, supporting the vendor’s higher price expectations but also highlighting the acute sensitivity to exact location and building quality within the suburb.